• Coster v. UIP Co. Inc.

    Publication Date: 2023-07-10
    Practice Area: Corporate Governance
    Industry: Real Estate
    Court: Delaware Supreme Court
    Judge: Justice Seitz
    Attorneys: For plaintiff: Max B. Walton, Kyle Evans Gay, Connolly Gallagher LLP, Newark, DE; Michael K. Ross, Serine Consolino, Aegis Law Group LLP, Washington, DC for appellant.
    for defendant: Deborah B. Baum, Pillsbury Winthrop Shaw Pittman LLP, Washington, DC; Stephen B. Brauerman, Elizabeth A. Powers, Bayard, P.A., Wilmington, DE for appellees.

    Case Number: 163, 2022

    Stock issuance that diluted interest of stockholder with one-half interest who had filed a custodian action to break board election deadlock was not inequitable where issuance was reasonably calculated to prevent default under company's key contracts and had the benefit of retaining a key employee, while stockholder was not coerced as she retained a swing vote.

  • Bass v. State

    Publication Date: 2023-07-03
    Practice Area: Criminal Law
    Industry:
    Court: Delaware Supreme Court
    Judge: Justice Valihura
    Attorneys: For plaintiff: Patrick J. Collins, Collins & Price, Wilmington, DE for appellant.
    for defendant: Brian Arban, Delaware Department of Justice, Wilmington, DE for appellee.

    Case Number: 218, 2022

    Errors in microscopic hair comparison forensic testimony did not compel postconviction relief where the errors did not exculpate defendant and the state presented other substantial evidence of defendant's guilt.

  • In re Tesla Motors, Inc. Stockholder Litig.

    Publication Date: 2023-06-20
    Practice Area: Mergers and Acquisitions
    Industry: Automotive | Energy | Investments and Investment Advisory
    Court: Delaware Supreme Court
    Judge: Justice Valihura
    Attorneys: For plaintiff: Jay W. Eisenhofer, Christine M. Mackintosh, Kelly L. Tucker, Vivek Upadhya, Grant & Eisenhofer P.A., Wilmington, DE; Michael Hanrahan, Kevin H. Davenport, Samuel L. Closic, Prickett, Jones & Elliott, P.A., Wilmington, DE; Daniel L. Berger, Grant & Eisenhofer P.A., New York, NY; Lee D. Rudy, Eric L. Zagar, Justice O. Reliford, Matthew Benedict, Kessler Topaz Meltzer & Check, LLP, Radnor, PA; Randall J. Baron, David T. Wissbroecker, Robbins Gellar Rudman & Dowd LLP, San Diego, CA for appellants.
    for defendant: David E. Ross, Garrett B. Moritz, Ross Aronstam & Moritz LLP, Wilmington, DE; Evan R. Chesler, Daniel Slifkin, Vanessa A. Lavely, Cravath, Swaine & Moore LLP, New York, NY for appellee.

    Case Number: 181, 2022

    Chancery court correctly found acquisition of company partially owned by controlling stockholder was entirely fair where stockholder recused himself from shareholder vote, the board operated independently, and evidence demonstrated that the acquired company had value from long-term cash flows and was not worthless due to being insolvent.

  • Tesla Inc. v. Delaware Div. of Motor Vehicles

    Publication Date: 2023-06-06
    Practice Area: Administrative Law
    Industry: Automotive | Retail | State and Local Government
    Court: Delaware Supreme Court
    Judge: Justice Seitz
    Attorneys: For plaintiff: Kelly E. Farnan, Tyler E. Cragg, Richards, Layton & Finger, P.A., Wilmington, DE; Felicia H. Ellsworth, Sofie C. Brooks, Wilmer Cutler Pickering Hale and Dorr LLP, Boston, MA; Ari Holtzblatt, Leon T. Kenworthy, Wilmer Cutler Pickering Hale and Dorr LLP, Washington, D.C. for appellant.
    for defendant: George T. Lees III, Delaware Department of Transportation, Dover, DE for appellee.

    Case Number: 375, 2022

    DMV erred in interpreting Franchise Act to include a ban on the direct sales model, and vehicle manufacturer with no third-party dealers did not qualify as a "manufacturer" under the Act's definition.

  • Terrell v. Kiromic Biopharma, Inc.

    Publication Date: 2023-05-16
    Practice Area: Contractual Disputes
    Industry: Consulting | Pharmaceuticals
    Court: Delaware Supreme Court
    Judge: Justice Traynor
    Attorneys: For plaintiff: Scott James Leonhardt, Jason A. Gibson, The Rosner Law Group LLC, Wilmington, DE; Alexander Klein, Barket Epstein Kearon Aldea & Loturco, LLP, Garden City, NY for appellant.
    for defendant: Laurence V. Cronin, Kelly A. Green, Smith, Katzenstein & Jenkins, LLP, Wilmington, DE; Robert S. Friedman, Joshua I. Schlenger, Katherine Anne Boy Skipsey, Sheppard, Mullin, Richter & Hampton, LLP, New York, NY for appellee.

    Case Number: 299, 2022

    Chancery court erred in accepting corporate board committee's interpretation of stock option agreement provision without further review or offering the parties the opportunity to provide supplemental briefing or oral argument. Reversed and remanded.

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  • Wilmington Trust Nat'l Ass'n v. Sun Life Assurance Co. of Canada

    Publication Date: 2023-04-04
    Practice Area: Insurance Law
    Industry: Financial Services and Banking | Insurance | Investments and Investment Advisory
    Court: Delaware Supreme Court
    Judge: Justice Traynor
    Attorneys: For plaintiff: Kevin G. Abrams, John M. Seaman, Samuel D. Cordle, Abrams & Bayliss LLP, Wilmington, DE; Harry S. Davis, Robert E. Griffin, Schulte Roth & Zabel LLP, New York, NY for appellant.
    for defendant: Gregory F. Fischer, Cozen O’Connor, Wilmington, DE; Joseph M. Kelleher, Brian D. Burack, Cozen O’Connor, Philadelphia, PA for appellee.

    Case Number: N18C-07-289

    Courts had to conduct fault-based analysis evaluating the parties' knowledge or inquiry notice of the illegality of life insurance policies ultimately deemed to be stranger originated life insurance policies when determining whether to order disgorgement of paid premiums or allow the insurer to retain the premiums.

  • State v. Santiago

    Publication Date: 2023-03-28
    Practice Area: Criminal Law
    Industry:
    Court: Delaware Supreme Court
    Judge: Justice Primos
    Attorneys: For plaintiff: Stephen R. Welch, Jr., Deputy Attorney General, Department of Justice, Dover DE for plaintiff.
    for defendant: Suzanne Macpherson-Johnson, Office of Defense Services, Dover, DE for defendant.

    Case Number: D70176

    Court invoked doctrine of jury lenity to allow operating vehicle causing death conviction to stand despite jury's failure to reach verdict on inattentive driving charge where the statute did not expressly require a conviction under the motor vehicle code and the evidence was sufficient to support a conviction.

  • Weinberg v. Waystar, Inc.

    Publication Date: 2023-03-28
    Practice Area: Contractual Disputes
    Industry:
    Court: Delaware Supreme Court
    Judge: Justice Valihura
    Attorneys: For plaintiff: Steven P. Wood, Andrew S. Dupre, Travis J. Ferguson, McCarter & English, LLP, Wilmington, DE for appellant.
    for defendant: Kevin M. Gallagher, Caroline M. McDonough, Richards, Layton & Finger, P.A., Wilmington, DE; Sarah A. Zielinski, Amy Starinieri Gilbert, McGuire Woods LLP, Chicago, IL for appellee.

    Case Number: D70175

    Chancery court correctly interpreted use of "and" in call right provision in employee option agreements as being several rather than conjunctive, where "and" was used in a permissive sentence and a conjunctive interpretation would render other provisions of the agreement surplusage.

  • Gregory v. State

    Publication Date: 2023-03-21
    Practice Area: Criminal Law
    Industry:
    Court: Delaware Supreme Court
    Judge: Justice Seitz
    Attorneys: For plaintiff: E. Calvin Harmon Jr., Brett Bendistis Wilmington, DE for appellant.
    for defendant: David C. Skoranski, Delaware Department of State, Wilmington, DE for appellee.

    Case Number: 1909016095(N)

    Court affirmed official misconduct conviction where evidence demonstrated that former city council president used his office to direct public funds to his non-profit entity.

  • In the Matter of a Member of the Bar of the Supreme Court of Delaware

    Publication Date: 2023-02-07
    Practice Area: Legal Malpractice
    Industry: Legal Services
    Court: Delaware Supreme Court
    Judge: Per Curiam
    Attorneys: For plaintiff: David A. White, Chief Disciplinary Counsel, Kathleen V. Vavala, Assistant Disciplinary Counsel, Office of Disciplinary Counsel, Wilmington, DE for petitioner.
    for defendant: John S. Malik, Wilmington, DE for respondent.

    Case Number: 111, 2022

    Where there was sufficient evidence to conclude that an attorney knowingly made misrepresentations to the court, the court adopted the presumptive sanction of suspension.