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  • Bridev One, LLC v. Regency Ctrs., LP

    Publication Date: 2018-04-25
    Practice Area: Creditors' and Debtors' Rights | Landlord Tenant Law
    Industry: Food and Beverage | Real Estate
    Court: Delaware Superior Court
    Judge: Judge Streett
    Attorneys: For plaintiff:
    for defendant:
    Case Number: D68122

    Superior court continued to possess jurisdiction to issue charging orders to execute judgments against LLC membership interests, where the statutory vesting the chancery court with jurisdiction to issue charging orders did not vest exclusive jurisdiction or divest the superior court of jurisdiction to issue such orders.

  • In re Rouse Prop. Inc., Fiduciary Litig.,

    Publication Date: 2018-03-21
    Practice Area: Corporate Governance | Mergers and Acquisitions
    Industry: Real Estate
    Court: Court of Chancery
    Judge: Vice Chancellor Slights
    Attorneys: For plaintiff: Stuart M. Grant, Cynthia A. Calder, Nathan A. Cook, and Michael T. Manuel, Grant & Eisenhofer P.A., Wilmington, DE; Jason M. Leviton and Bradley Vettraino, Block & Leviton LLP, Boston, MA, attorneys for plaintiffs;
    for defendant: Stephen C. Norman, Kevin R. Shannon, and Jaclyn C. Levin, Potter Anderson & Corroon LLP, Wilmington, DE; Andrew W. Stern, Jon W. Muenz, and Leah R. Milbauer, Sidley Austin LLP, New York, NY; Kevin G. Abrams, Daniel R. Ciarrocki, Matthew L. Miller, Abrams & Bayliss, LLP, Wilmington, DE; John A. Neuwirth, Seth Goodchild, Evert J. Christensen, Matthew S. Connors, Weil, Gotshal & Manges LLP, New York, NY, attorneys for defendants.
    Case Number: D68080

    Stockholders breach of fiduciary duty claims arising from merger transaction with alleged controlling minority stockholder brought against board and alleged controller failed where allegations insufficient to find that alleged controller exerted control or dominance over board or directors or special committee designated to negotiate merger.

  • Weil v. VEREIT Operating Partnership, L.P.

    Publication Date: 2018-02-28
    Practice Area: Contractual Disputes | Corporate Entities
    Industry: Real Estate
    Court: Court of Chancery
    Judge: Vice Chancellor Laster
    Attorneys: For plaintiff: Kenneth J. Nachbar, John P. DiTomo and Elizabeth A. Mullin for plaintiffs
    for defendant: Stephen B. Brauerman, Sara E. Bussiere, Scott A. Edelman and Alan J. Stone for defendant.
    Case Number: D68061

    Plaintiffs were entitled to advancement for legal fees incurred on their behalf in civil lawsuits.

  • Resolve Funding, LLC v. Buckley Property Serv., LLC

    Publication Date: 2018-02-21
    Practice Area: Business Torts
    Industry: Financial Services and Banking | Real Estate
    Court: Delaware Superior Court
    Judge: Judge Stokes
    Attorneys: For plaintiff: David B. Anthony and Sean Meluney for plaintiff
    for defendant: Michael F. Duggan and Brett T. Norton for defendant.
    Case Number: D68052

    Lender adequately stated claims for negligence and negligent misrepresentation against an appraiser for fail-ing to provide a residential property appraisal that complied with commercially reasonable standards.

  • Garza v. Citigroup Inc.

    Publication Date: 2018-02-14
    Practice Area: Corporate Entities | Trusts and Estates
    Industry: Financial Services and Banking
    Court: U.S. Court of Appeals for the Third Circuit
    Judge: Judge Krause
    Attorneys: For plaintiff: Thad. J. Bracegirdle, Andrea S. Brooks, Wilks, Lukoff & Bracegirdle LLC, Wilmington, DE, attorneys for plaintiff
    for defendant: Jeffrey L. Moyer, Travis S. Hunter, Arun J. Mohan, Richards Layton & Finger, P.A., Wilmington, DE, attorneys for defendant.
    Case Number: D68040

    Claim for accounting properly dismissed where estate failed to plead existence of fiduciary duty between decedent and bank, or basis to pierce corporate veil between bank and its parent.

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  • Donovan Smith HOA v. Donovan Smith MHP, LLC

    Publication Date: 2018-01-17
    Practice Area: Dispute Resolution | Landlord Tenant Law
    Industry: Real Estate
    Court: Delaware Superior Court
    Judge: Judge Brady
    Attorneys: For plaintiff: Brian S. Eng for appellant
    for defendant: Seth L. Thompson for appellee.
    Case Number: D68010

    The owner of a mobile home park met the requirements of the Rent Justification Act with regard to a proposed rent increase where rent at the subject park was significantly lower than for comparable parks, and no health or safety concerns existed.

  • The Crest Condo. Assn v. Royal Plus, Inc.

    Publication Date: 2017-12-27
    Practice Area: Civil Procedure | Contractual Disputes
    Industry: Construction | Real Estate
    Court: Delaware Superior Court
    Judge: Judge Stokes
    Attorneys: For plaintiff: William J. Rhodunda and Nicholas G. Kondraschow, Rhodunda & Williams, Wilmington, DE, attorneys for plaintiff
    for defendant: Nichols H. Rodriguez and Dianna E. Louder, Schmittinger & Rodriguez, P.A., Dover, DE; Wade A. Adams II, Chrissinger & Baumberger, Wilmington, DE; Thomas P. Leff, Casarino Christman Shalk Ransom & Doss, P.A., Wilmington, DE; Joseph S. Naylor, Swartz Campbell, LLC, Wilmington, DE, attorneys for defendants.
    Case Number: D67984

    Summary judgment deferred where plaintiffs evidence created genuine issues of material fact as to the applicability of the doctrines of inherently unknowable injuries and fraudulent concealment to toll the limitations period and render plaintiffs complaint timely.

  • RCS Creditor Trust v. Schorsch

    Publication Date: 2017-12-20
    Practice Area: Business Torts | Corporate Governance | REITS
    Industry: Real Estate
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Philip Trainer, Jr., Marie M. Degnan, John P. Coffey, Gregory A. Horowitz, Jeffrey S. Trachtman, Eileen Patt and Jeffrey Dunlap for plaintiff
    for defendant: Elizabeth A. Sloan, Michael C. Miller, Michael G. Scavelli and Lara E. Romansic for defendant Block; Stephen P. Lamb, Me-ghan M. Dougherty, Allan J. Arffa, Gregory F. Laufer and Jeremy A. Benjamin for remaining defendants.
    Case Number: D67979

    Plaintiff adequately stated a claim for breach of fiduciary duty where officers and directors stood on both sides of a transac-tion which created an entity that defendants controlled by way of super-voting stock despite owning only a minority interest.

  • Catlin Specialty Ins. Co. v. CBL & Assocs. Props.

    Publication Date: 2017-11-01
    Practice Area: Insurance Law
    Industry: Insurance | Real Estate | Retail
    Court: Delaware Superior Court
    Judge: Judge Wallace
    Attorneys: For plaintiff: Emily K. Silverstein, Marks, O'Neill, O'Brien, Doherty & Kelly P.C., Wilmington, DE; Louis H. Kozloff, Goldber Segalla LLP, Philadelphia, PA, attorneys for plaintiff
    for defendant: John A. Sensing, Potter Anderson & Corroon LLP, Wilmington, DE; Alan E. Popkin, David W. Sobelman, and Melissa Z. Baris, Husch Blackwell LLP, St. Louis, MO, attorneys for defendant.
    Case Number: D67918

    Insurer had no duty to defend or indemnify insured under professional negligence liability policy where underlying action only alleged insureds intentional fraudulent conduct.

  • Devine v. MHC Waterford Estates, LLC

    Publication Date: 2017-10-25
    Practice Area: Contracts | Landlord Tenant Law
    Industry: Real Estate
    Court: Delaware Superior Court
    Judge: Judge LeGrow
    Attorneys: For plaintiff: Joseph J. Rhoades and Stephen T. Morrow, Rhoades & Morrow LLC, Wilmington, DE, attorneys for plaintiff
    for defendant: Kelly E. Rowe, Reilly, Janiczek, McDevitt, Heinrich & Cholden, P.C., Wilmington, DE, attorney for defendant.
    Case Number: D67910

    Landlord of mobile home lot had common law and statutory duties to maintain premises independent of rental agreement obligations, which could support both tort and breach of contract claims.