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  • 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.

  • 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.

  • Law Journal Press | Digital Book

    Texas Personal Automobile Insurance Policy 2020

    Authors: Janet K. Colaneri, Bret Weatherford

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  • 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.

  • Stillwater Mining Co. v. Nat'l Union Fire Ins. Co. of Pittsburgh, PA

    Publication Date: 2023-01-31
    Practice Area: Insurance Litigation
    Industry: Insurance | Mining and Resources
    Court: Delaware Supreme Court
    Judge: Justice Seitz
    Attorneys: For plaintiff: David J. Baldwin, Peter C. McGivney, Berger Harris LLP, Wilmington, DE; Martha Sheehy, Sheey Law Firm, Billings, MT; Kyle A. Gray, Holland & Hart LLP, Billings, MT for appellant.
    for defendant: Kurt M. Heyman, Aaron M. Nelson, Heyman Enerio Gattuso & Hirzel, LLP, Wilmington, DE; Scott B. Schreiber, William C. Perdue, Andrew T. Tutt, Samuel I. Ferenc, Arnold & Porter Kaye Scholer LLP, Washington, D.C.; John C. Phillips Jr., David A. Bilson, Phillips, Mclaughlin & Hall, P.A., Wilmington, DE; Geoffrey W. Heineman, Jung H. Park, John J. Iacobucci Jr., Ropers Majeski, PC, New York, NY; John L. Reed, DLA Piper LLP, Wilmington, DE; Gregory F. Fischer, Cozen O’Connor, Wilmington, DE; Angelo G. Savino, Cozen O’Connor, New York, NY for appellees.
    Case Number: 24, 2022

    Superior court did not err in applying law of state of incorporation to resolution of directors' and officers' insurance coverage dispute where the policy applied to D&O liability across multiple jurisdictions, as state of incorporation had the strongest connection to the dispute.

  • Daniel v. Hawkins

    Publication Date: 2023-01-31
    Practice Area: Corporate Governance
    Industry: Distribution and Wholesale | Pharmaceuticals
    Court: Delaware Supreme Court
    Judge: Justice Valihura
    Attorneys: For plaintiff: David Teklits, Sara Barry, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Jeffrey Alan Simes, Goodwin Proctor, LLP, New York, NY for appellants.
    for defendant: Richard I.G. Jones, John G. Harris, Berger Harris LLP, Wilmington, DE for appellees.
    Case Number: 184, 2022

    The court affirmed the trial court's ruling that an irrevocable proxy did not run with majority shares and dismissed appellant's arguments that the court improperly relied on "extrinsic" evidence contained in the proxy's addendum as well as the Third Restatement, finding that the addendum fell within the proxy's four corners and that the law cited from the Third Restatement accurately reflected the same legal principles that were in place at the time the proxy was established.