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Publication Date: 2020-08-19
Practice Area: Corporate Entities
Industry: Investments and Investment Advisory
Court: Court of Chancery
Judge: Vice Chancellor Fioravanti
Attorneys: For plaintiff: Robert J. Kriner, Jr. and Tiffany J. Cramer, Chimicles Schwartz Kriner & Donaldson-Smith LLP, Wilmington, DE for plaintiffs.
for defendant: Steven L. Caponi, K&L Gates LLP, Wilmington, DE; John W. Rotunno, Paul J. Walsen, Joseph C. Wylie II, Molly K. McGinley, Matthew A. Alvis, K&L Gates LLP, Chicago, IL; Myron T. Steele, Timothy R. Dudderar, Jacqueline A. Rogers, Potter Anderson & Corroon LLP, Wilmington, DE for defendants.
Case Number: D69086
Court declined to dismiss breach of fiduciary duty claims where general partner and controller affiliates had not removed fiduciary duties from the partnership agreement and where plaintiffs were entitled to rely on disclosures related to challenged transactions and thus were not on inquiry notice of their claims.
Publication Date: 2020-07-29
Practice Area: Corporate Governance
Industry: Investments and Investment Advisory | Real Estate
Court: Court of Chancery
Judge: Chancellor Bouchard
Attorneys: For plaintiff: Peter B. Andrews, Craig J. Springer and David M. Sborz, Andrews & Springer LLC, Wilmington, DE; Jeremy S. Friedman and David F.E. Tejtel, Friedman Oster & Tejtel PLLC, Bedford Hills, NY; Ned Weinberger, John Vielandi and David MacIsaac, Labaton Sucharow LLP, Wilmington, DE and New York, NY; D. Seamus Kaskela, Kaskela Law LLC, Newtown Square, PA for plaintiffs.
for defendant: S. Mark Hurd and Alexandra M. Cumings, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; John P. Stigi III and Kristin P. Housh, Sheppard, Mullin, Richter & Hampton LLP, Los Angeles, CA and San Diego, CA for defendants Bienvenue and Borden. Bradley R. Aronstam and S. Michael Sirkin, Ross Aronstam & Moritz LLP, Wilmington, DE; Joseph S. Allerhand, Evert J. Christensen Jr. and Elizabeth M. Sytsma, Weil, Gotshal & Manges LLP, New York, NY for defendants Friedman, Hallac, Steinberg and Jeffries Fin. Group Inc.
Case Number: D69065
Plaintiffs' complaint adequately stated a claim for breach of fiduciary duty in connection with this minority squeeze-out transaction. Motions to dismiss denied.
Publication Date: 2020-07-15
Practice Area: Contractual Disputes
Industry: Real Estate
Court: Court of Chancery
Judge: Vice Chancellor McCormick
Attorneys: For plaintiff: Susan M. Hannigan, Robert L. Burns, Ryan D. Konstanzer and Megan E. O’Connor, Richards, Layton & Finger, P.A., Wilmington, DE for plaintiffs.
for defendant: Michael P. Kelley and Andrew S. Dupre, McCarter & English, LLP, Wilmington, DE; Michael A. Ackal, III and D. Scott Funk, Gray Reed & McGraw LLP, Houston, TX for Hoboken MPT defendants. Patricia L. Enerio and Jamie L. Brown, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE; Christopher J. Sullivan, Dominic J. Picca and LisaMarie Collins, Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C., New York, NY for Propco, Alaris and Opco defendants.
Case Number: D69049
Factual issues precluded judgment on the pleadings with respect to issues involving a right of first refusal and transfer restrictions under a limited liability company agreement.
Publication Date: 2020-07-08
Practice Area: Corporate Entities
Industry: Real Estate
Court: Court of Chancery
Judge: Vice Chancellor Fioravanti
Attorneys: For plaintiff: Brian E. Farnan and Michael J. Farnan, Farnan LLP, Wilmington, DE; Marc L. Newman, Christopher D. Kaye and Mahde Y. Abdallah, The Miller Law Firm, P.C., Rochester, MI for plaintiffs.
for defendant: Richard P. Rollo, Travis S. Hunter, Angela Lam and John T. Miraglia, Richards, Layton & Finger, P.A., Wilmington, DE; Alan S. Loewinsohn and Kerry Schonwald, Loewinsohn Flegle Deary Simon LLP, Dallas, TX for defendants.
Case Number: D69042
In this dispute among the developers of an apartment complex, the court found that the majority of issues required a more detailed factual record, so it denied most of the parties' cross-motions for summary judgment.
Publication Date: 2020-06-03
Practice Area: Creditors' and Debtors' Rights
Industry: Hospitality and Lodging | Real Estate
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys: For plaintiff: David E. Ross and Bradley R. Aronstam, Ross Aronstam & Moritz, Wilmington, DE; Joshua S. Amsel and Matthew R. Friedenberg, Weil, Gotshal & Manges LLP, New York, NY for plaintiffs.
for defendant: Joseph H. Huston, Jr., Stevens & Lee, P.C., Wilmington, DE; Robert K. Keach, Bernstein, Shur, Sawyer & Nelson, Portland, ME for receiver. Ryan P. Newell, Kyle Evans Gay and Shaun Michael Kelly, Connolly Gallagher LLP, Wilmington, DE for nominal defendants.
Case Number: D69002
The court rejected a judgment debtor's argument that a charging order would cause a default under a lease.
Law Journal Press | Digital Book
Authors: Hal R. Lieberman, J. Richard Supple, Jr., Harvey Prager
View this BookView more book results for the query "*"
Publication Date: 2020-05-20
Practice Area: Real Estate
Industry: Automotive
Court: Court of Chancery
Judge: Vice Chancellor McCormick
Attorneys: For plaintiff: Richard L. Abbot, Abbott Law Firm, Hockessin, DE for plaintiff.
for defendant: “J” Jackson Shrum, Jack Shrum, P.A., Wilmington, DE for defendants.
Case Number: D68986
Plaintiff stated claims for breach of contract and specific performance, but it failed to allege its fraud claims with particularity.
Publication Date: 2020-03-25
Practice Area: Creditors' and Debtors' Rights
Industry: Construction | Real Estate
Court: Delaware Superior Court
Judge: Judge Adams
Attorneys: For plaintiff: G. Kevin Fasic, Offit Kurman, P.A., Wilmington, DE for plaintiff.
for defendant: Richard L. Abbott, Abbott Law Firm, LLC, Hockessin, DE for defendant.
Case Number: D68921
A landscaping contractor was not entitled to a mechanic's lien or to recovery under the Building Construction Payments Act, because it performed no work on any structure. Motion to dismiss granted.
Publication Date: 2020-02-26
Practice Area: Contractual Disputes
Industry: Financial Services and Banking | Real Estate
Court: Delaware Superior Court
Judge: Judge Davis
Attorneys: For plaintiff: Michael J. Barrie, Stephen M. Ferguson and William M. Alleman, Jr., Benesch, Friedlander, Coplan & Aronoff LLP, Wilming-ton, DE; Helen Gavaris, Loeb & Loeb LLP, New York, NY for plaintiff.
for defendant: Andrew D. Cordo, Wilson Sonsini Goodrich & Rosati, Wilmington, DE; Adam C. Silverstein and Rebecca E. Algie, Otterbourg P.C., New York, NY for defendants.
Case Number: D68893
Defendants' actions triggered the full recourse provisions under the loan and guaranty agreements. Plaintiff's claims were not barred by the statute of limitations.
Publication Date: 2020-02-12
Practice Area: Tax
Industry: Real Estate | State and Local Government
Court: Delaware Superior Court
Judge: Judge Streett
Attorneys: For plaintiff: Thomas P. McGonigle and Sawyer M. Traver for appellant.
for defendant: Adam Singer and Nicholas J. Brannick for appellees.
Case Number: D68870
Property tax board erred in failing to consider subject commercial property's high vacancy rate and the effect it had on the property's valuation.
Publication Date: 2020-02-05
Practice Area: Contractual Disputes
Industry: Chemicals and Materials | Real Estate
Court: U.S. District Court of Delaware
Judge: District Judge Noreika
Attorneys: For plaintiff: Bernard Katz, pro se plaintiff.
for defendant: David B. Anthony, Berger, Harris, LLP, Wilmington, DE for defendant.
Case Number: D68866
The court referred this matter to arbitration, because a valid arbitration clause existed and the parties' dispute fell within the scope of that provision.
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