• ChyronHego Corp. v. Wight

    Publication Date: 2018-08-15
    Practice Area: Business Torts | Mergers and Acquisitions
    Industry: Technology Media and Telecom
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: A. Thompson Bayliss and E. Wade Houston, Abrams & Bayliss LLP, Wilmington, DE; Peter M. Stone, Paul Hastings LLP, Palo Alto, CA, attorneys for plaintiffs
    for defendant: D. McKinley Measley and Daniel T. Menken, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Overton Thompson III and Joseph B. Crace, Jr., Bass Berry & Sims PLC, Nashville, TN, attorneys for defendants.

    Case Number: D68247

    Contractual anti-reliance clause precluded plaintiffs from pleading justifiable reliance in support of claims of extracontractual fraud.

  • In re Oxbow Carbon LLC Unitholder Litigation

    Publication Date: 2018-08-15
    Practice Area: Contractual Disputes
    Industry: Energy | Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Laster
    Attorneys: For plaintiff: Kenneth J. Nachbar, Thomas W. Briggs, Jr., Richard Li, R. Robert Popeo, Michael S. Gardener and Breton Leone-Quick for Oxbow Carbon LLC; Stephen C. Norman, Jaclyn C. Levy, Daniyal M Iqbal, Da-vid B. Hennes, C. Thomas Brown, Adam M. Harris and Elizabeth D. Johnston for Koch parties
    for defendant: Kevin G. Abrams, Michael A. Barlow, April M. Ferraro, Brock E. Czeschin, Matthew D. Perri, Sarah A. Galetta, Chad Johnson, Jennifer Barrett and Silpa Maruri for Crestview parties; J. Clayton Athey, John G. Day, Dale C. Christensen, Jr., and Michael B. Weitman for Loan Line Capital LLC.

    Case Number: D68250

    Where a party disrupted and delayed an exit sale, the court awarded both the remedies of specific performance and compensatory damages.

  • Wilmington - 5190 Brandywine Parkway, LLC v. Acadia Brandywine Holdings, LLC

    Publication Date: 2018-08-15
    Practice Area: Creditors' and Debtors' Rights
    Industry: Real Estate
    Court: Delaware Superior Court
    Judge: Judge Davis
    Attorneys: For plaintiff: Michael J. Barrie, Stephen M. Ferguson, William M. Alleman, Jr and Helen Gavaris for plaintiff
    for defendant: Philip Trainer, Jr., Andrew D. Cordo, Adam C. Silverstein and Meaghan Millan for defendants.

    Case Number: D68253

    A creditor alleged facts supporting a claim for recourse liability, but resolution of the matter depended upon discovery and further development of the record.

  • In re Appraisal of Solera Holdings, Inc.

    Publication Date: 2018-08-15
    Practice Area: Mergers and Acquisitions
    Industry: Software
    Court: Court of Chancery
    Judge: Chancellor Bouchard
    Attorneys: For plaintiff: Stuart M. Grant, Christine M. Mackintosh, Vivek Upadhya, Daniel L. Berger, Lawrence M. Rolnick, Ste-ven M. Hecht and Jonathan M. Kass for petitioners
    for defendant: David E. Ross, S. Michael Sirkin, Yousef J. Riemer, Devora W. Allon, Elliot C. Harvey Schatmeier, Rich-ard Nicholson and Madelyn A. Morris for respondent.

    Case Number: D68249

    In the appraisal proceeding filed by shareholders following a merger, the court gave dispositive weight to the deal price less synergies.

  • Chuang v. OD Expense LLC

    Publication Date: 2018-08-15
    Practice Area: Contracts | Dispute Resolution | Securities Litigation
    Industry: Investments and Investment Advisory
    Court: U.S. Court of Appeals for the Third Circuit
    Judge: Judge Fuentes
    Attorneys: For plaintiff:
    for defendant:

    Case Number: D68246

    Defendants unable to compel arbitration where agreement also included forum selection clause placing exclusive jurisdiction in Delaware courts, and where defendants were not party to or agents of a party to another agreement containing exclusive arbitration clause.

  • Flowshare, LLC v. GeoResults, Inc.

    Publication Date: 2018-08-08
    Practice Area: Contracts
    Industry: Consulting
    Court: Delaware Superior Court
    Judge: Judge Davis
    Attorneys: For plaintiff: Stephen B. Brauerman and Sara E. Bussiere, Bayard, P.A., Wilmington, DE; John E. Petite and John C. Dranke, Greensfelder, Hemker and Gale P.C., St. Louis, MO, attorneys for plaintiffs
    for defendant: Jeffrey L. Moyer, Travis S. Hunter, Arun J. Mohan, Richards Layton & Finger, P.A., Wilmington, DE; Stephen P. Fuller, CKR LAW, LLP, Johns Creek, GA, attorneys for defendants.

    Case Number: D68239

    Fraud claim survived motion to dismiss where contractual integration clause missing explicit anti-reliance on representations provision failed to bar such claim arising from promises made during contract negotiations that induced party to execute agreement.

  • Sciabacucchi v. Liberty Broadband Corp.

    Publication Date: 2018-08-08
    Practice Area: Corporate Governance
    Industry: Technology Media and Telecom
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Kurt M. Heyman, Melissa N. Donimirski, Jason M. Leviton and Joel A. Fleming for plaintiff
    for defendant: Donald J. Wolfe, Jr., Peter J. Walsh, Jr., Brian C. Ralston, Tyler J. Leavengood, Jaclyn C. Levy, Aaron R. Sims and Richard B. Harper for defendants Liberty Broadband, Malone and Maffei; Martin S. Less-ner, David C. McBride, James M. Yoch, Jr., Paul J. Loughman, William Savitt, Anitha Reddy and David Kirk for remaining defendants.

    Case Number: D68243

    A stockholder failed to state any direct claims, but he adequately alleged demand futility and a viable deriva-tive claim for breach of fiduciary duty.

  • Rothschild Mobile Imaging Innovations, LLC v. Mitek Sys., Inc.

    Publication Date: 2018-08-08
    Practice Area: Patent Litigation
    Industry: Technology Media and Telecom
    Court: U.S. District Court of Delaware
    Judge: District Judge Sleet
    Attorneys: For plaintiff:
    for defendant:

    Case Number: D68240

    Defendant's motion for attorney's fees in patent infringement suit after PTAB invalidated asserted claims denied where no evidence plaintiff engaged in vexatious or bad faith litigation to constitute "exceptional" case.

  • Blueblade Capital Opportunities LLC v. Norcraft Cos., Inc.

    Publication Date: 2018-08-08
    Practice Area: Mergers and Acquisitions
    Industry: Investments and Investment Advisory | Manufacturing
    Court: Court of Chancery
    Judge: Vice Chancellor Slights
    Attorneys: For plaintiff: David A. Jenkins and Robert K. Beste, Smith, Katzenstein & Jenkins LLP, Wilmington, DE; Michael E. Davidian, Blueblade Capital Opportunities LLC and Blueblade Capital Opportunities CI LLC, New York, NY, attorneys for petitioners
    for defendant: Raymond J. DiCamillo and Kevin M. Gallagher, Richards Layton & Finger, P.A., Wilmington, DE, attorneys for respondent.

    Case Number: D68238

    Delta between merger price and fair value on merger date, calculated according to discounted cash flow analysis, was caused by flaws in merger process and warranted adoption of DCF valuation over merger price as fair value for appraisal action purposes.

  • FBI Wind Down, Inc. Liquidating Trust v. Heritage Home Group, LLC

    Publication Date: 2018-08-08
    Practice Area: Bankruptcy
    Industry: Real Estate
    Court: U.S. Court of Appeals for the Third Circuit
    Judge: Judge Fuentes
    Attorneys: For plaintiff:
    for defendant:

    Case Number: D68241

    The parties' sale agreement provided that only disputed items were required to be submitted to an arbitrator, so questions of contract interpretation were for the bankruptcy court to decide.