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  • Feldman v. AS Roma SPV GP

    Publication Date: 2021-08-04
    Practice Area: Corporate Governance
    Industry: Entertainment and Leisure | Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Fioravanti
    Attorneys: For plaintiff: Peter B. Ladig, Brett M. McCartney, Sarah T. Andrade, Bayard, P.A., Wilmington, DE; Rishi Bhandari, Mandel Bhandari LLP, New York, NY for plaintiffs.
    for defendant: John L. Reed, Ronald N. Brown, III, Peter H. Kyle, DLA Piper LLP (US), Wilmington, DE for defendants.
    Case Number: D69487

    Minority shareholders in LLC failed to state a claim for inadequate disclosures where LLC control group was not obligated to provide, as part of a capital call for the LLC, a prediction of the likelihood of a sale of the company by a certain date.

  • In re: Appraisal of Regal Ent. Group

    Publication Date: 2021-06-02
    Practice Area: Mergers and Acquisitions
    Industry: Entertainment and Leisure
    Court: Court of Chancery
    Judge: Vice Chancellor Laster
    Attorneys: For plaintiff: Samuel T. Hirzel, II, Jamie L. Brown, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE; David J. Margules, Elizabeth A. Sloan, Ballard Spahr LLP, Wilmington, DE; Thomas E. Redburn, Jr., Maya Ginsburg, Lowenstein Sandler LLP, New York, NY for petitioners.
    for defendant: Robert S. Saunders, Jenness E. Parker, Lauren N. Rosenello, Kaitlin E. Maloney, Justin C. Barrett, Andrew D. Kinsey, Skadden, Arps, Slate, Meagher & Flom LLP, Wilmington, DE for respondents.
    Case Number: D69419

    In this statutory appraisal proceeding, the court relied on the deal price minus synergies, and then added value connected with changes which occurred between the time of the merger agreement and the closing date.

  • Geronimo Music, LLC v. Copsidas

    Publication Date: 2021-05-05
    Practice Area: Contractual Disputes
    Industry: Entertainment and Leisure
    Court: Delaware Superior Court
    Judge: Judge Johnston
    Attorneys: For plaintiff: Randall J. Teti, Philip Trainer, Jr., Ashby & Geddes, Wilmington, DE for plaintiff.
    for defendant: Thomas E. Hanson, Jr., Barnes & Thornburg LLP, Wilmington, DE for defendant.
    Case Number: D69386

    A broad general release provision warranted the dismissal of plaintiff's indemnification claim, but the court declined to impose sanctions against plaintiff.

  • Surf's Up Legacy Partners, LLC v. Virgin Fest, LLC

    Publication Date: 2021-01-27
    Practice Area: Deals and Transactions
    Industry: Entertainment and Leisure
    Court: Delaware Superior Court
    Judge: Judge Wallace
    Attorneys: For plaintiff: Theodore A. Kittila, James G. MacMillan, III, Halloran Farkas + Kittila LLP, Wilmington, DE; Eric M. George, Kim S. Zeldin, Browne George Ross LLP, Los Angeles, CA for plaintiffs.
    for defendant: Robert K. Beste, Jason Z. Miller, Smith, Katzenstein & Jenkins LLP, Wilmington, DE; Marvin S. Putnam, Jessica Stebbins Bina, Lathan & Watkins LLP, Los Angeles, CA for defendants.
    Case Number: D69276

    The court granted a motion to dismiss plaintiffs' claim for tortious interference with contractual relations, but defendants alleged sufficient facts in support of their fraud-based counterclaims.

  • Moscowitz v. Theory Ent. LLC

    Publication Date: 2020-11-25
    Practice Area: Contractual Disputes
    Industry: Entertainment and Leisure
    Court: Court of Chancery
    Judge: Vice Chancellor Zurn
    Attorneys: For plaintiff: Stephen B. Brauerman, Bayard, P.A., Wilmington, DE; Stanton L. Stein, Ashley R. Yeargan, Russ, August & Kabat, Los Angeles, CA for plaintiff.
    for defendant: Kevin G. Abrams, Michael A. Barlow, Joseph A. Sparco, Abrams & Bayliss LLP, Wilmington, DE; Scott A. Edelman, Ilissa Samplin, Gibson, Dunn & Crutcher LLP, Los Angeles, CA for defendant.
    Case Number: D69202

    Plaintiff was bound by the terms of an agreement regarding the company's right to repurchase his owner-ship units following his resignation, but questions remained regarding the validity and effect of plaintiff's no-tices of resignation.

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    Library of Pennsylvania Family Law Forms, Fourth Edition

    Authors: Joseph S. Britton

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  • Sylebra Capital Partners Master Fund, Ltd. v. Perelman

    Publication Date: 2020-10-28
    Practice Area: Corporate Governance
    Industry: Entertainment and Leisure | Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Slights
    Attorneys: For plaintiff: Samuel T. Hirzel II, Gillian L. Andrews, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE; Patrick J. Smith, Andrew J. Rodgers, Nicholas J. Karasimas, Smith Villazor LLP, New York, NY for plaintiffs.
    for defendant: William M. Lafferty, Susan W. Waesco, Alexandra M. Cumings, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Kevin J. Orsini, Rory A. Leraris, Cravath, Swaine & Moore LLP, New York, NY for defendants.
    Case Number: D69171

    The court dismissed plaintiff's complaint because the company's bylaws contained a mandatory forum selection provision in favor of another state.

  • Roma Landmark Theaters, LLC v. Cohen Exhibition Co., LLC

    Publication Date: 2020-10-14
    Practice Area: Mergers and Acquisitions
    Industry: Entertainment and Leisure
    Court: Court of Chancery
    Judge: Vice Chancellor Fioravanti
    Attorneys: For plaintiff: Garrett B. Moritz, Anne M. Steadman, Ross Aronstam & Moritz LLP, Wilmington, DE; Marshall R. King, Hannah E. Kirshner, Gibson, Dunn & Crutcher LLP, New York, NY for plaintiffs.
    for defendant: Kevin M. Gallagher, Angela Lam, Richards, Layton & Finger, P.A., Wilmington, DE; Donald A. Harwood, Simon W. Reiff, Harwood Reiff LLC, New York, NY for defendant.
    Case Number: D69155

    Defendant adequately stated a counterclaim for fraud, but the court dismissed the remainder of its counterclaims.

  • Menacker v. Overture, L.L.C.

    Publication Date: 2020-08-19
    Practice Area: Corporate Entities
    Industry: Entertainment and Leisure
    Court: Court of Chancery
    Judge: Vice Chancellor Laster
    Attorneys: For plaintiff: Richard L. Abbot, Abbott Law Firm, Wilmington, DE for plaintiff.
    for defendant: Michael A. Weidinger, Pinckney, Weidinger, Urban & Joyce LLC, Greenville, DEfor defendants.
    Case Number: D69089

    A former member of a limited liability company lacked standing to pursue a derivative claim for breach of fiduciary duty.

  • In re Tropicana Ent., LLC

    Publication Date: 2020-05-06
    Practice Area: Bankruptcy
    Industry: Entertainment and Leisure
    Court: U.S. Bankruptcy Court
    Judge: Judge Walrath
    Attorneys: For plaintiff: Herbert Beigel, Herbert Beigel & Associates, LLC, Tucson, AZ; Joseph Grey, Cross & Simon LLC, Wilmington, DE for plaintiff.
    for defendant: Dennis A. Meloro and Nancy A. Peterman, Greenberg Traurig, LLP, Chicago, IL; George M. Vinci, Jr. and Neal R. Troum, Spector Gadon Rosen Vinci P.C., Philadelphia, PA for defendants.
    Case Number: D68969

    Bankruptcy court granted a motion in limine regarding the admissibility of certain court opinions, but it denied the remainder of defendants' motions in limine.

  • Purohit v. Legend Pictures, LLC

    Publication Date: 2020-04-08
    Practice Area: Intellectual Property
    Industry: Entertainment and Leisure | Technology Media and Telecom
    Court: U.S. District Court of Delaware
    Judge: District Judge Andrews
    Attorneys: For plaintiff: Timothy Devlin and James Lennon, Devlin Law Firm LLC, Wilmington, DE for plaintiff.
    for defendant: Elizabeth Sloan, Ballard Spahr LLP, Wilmington, DE; David Grossman, Loeb & Loeb LLP, Los Angeles, CA for defendants.
    Case Number: D68937

    Plaintiff failed to state a claim for direct copyright infringement because no substantial similarity existed between plaintiff's work and that of defendant. Plaintiff's work was not entitled to moral rights protection, because it was not a work of visual art.