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  • In re: GGP, Inc. Stockholder Litig.

    Publication Date: 2021-06-09
    Practice Area: Corporate Governance
    Industry: Real Estate
    Court: Court of Chancery
    Judge: Vice Chancellor Slights
    Attorneys: For plaintiff: Ronald A. Brown, Jr., Stephen D. Dargitz, J. Clayton Athey, Marcus E. Montejo, Samuel L. Closic, Prickett Jones & Elliott, P.A., Wilmington, DE; Carl L. Stine, Adam J. Blander, Wolf Popper LLP, New York, NY; Frank P. DiPrima, Law Office of Frank DiPrima, P.A., Morristown, NJ for plaintiffs. Seth D. Rigrodsky, Gina M. Serra, Rigrodsky Law, P.A., Wilmington, DE; Aaron Brody, Patrick Slyne, Stull, Stull & Brody, New York, NY for plaintiff’s executive committee.
    for defendant: Kevin G. Abrams, John M. Seaman, Matthew L. Miller, Abrams & Bayliss LLP, Wilmington, DE; John A. Neuwirth, Evert J. Christensen, Jr., Seth Goodchild, Matthew S. Connors, Weil, Gotshal & Manges LLP, New York, NY for defendant Brookfield Property Partners. David J. Teklits, Thomas P. Will, Morris, Nich-ols, Arsht & Tunnell LLP, Wilmington, DE for defendants Clark, Flatt and Kingston. Raymond J. DiCamillo, Susan M. Hannigan, Richards, Layton & Finger, P.A., Wilmington, DE; Brian T. Frawley, Y. Carson Zhou, Sullivan & Cromwell LLP, New York, NY for defendant Mathrani. Peter J. Walsh, Jr., Berton W. Ashman, Jr., Jaclyn C. Levy, Potter Anderson & Corroon LLP, Wilmington, DE; Peter E. Kazanoff, Michael J. Garvey, Sara A. Ricciardi, Eamonn W. Campbell, Simpson Thacher & Bartlett LLP, New York, NY for defendants Fi-ala, Fukakusa, Haley, Hurwitz and Lofgren.
    Case Number: D69425

    The business judgment standard applied because defendant was not a controlling stockholder and an over-whelming majority of the stockholders approved this merger transaction in an informed and uncoerced vote.

  • In re: Ursa Operating Co. LLC

    Publication Date: 2021-06-09
    Practice Area: Bankruptcy
    Industry: Financial Services and Banking | Energy | Real Estate
    Court: U.S. District Court of Delaware
    Judge: District Judge Noreika
    Attorneys: For plaintiff: Maria Aprile Sawczuk, Goldstein & McClintock, LLP, Wilmington, DE; George A. Barton, Taylor P. Foye, Barton and Burrows, LLC, Mission, KS for royalty claimants.
    for defendant: Robert S. Brady, Edmon L. Morton, Kenneth J. Enos, Joseph M. Mulvihill, Young Conaway Stargatt & Tay-lor, LLP, Wilmington, DE; Duston K. McFaul, Maegan Quejada, Sidley Austin LLP, Houston, TX; David Kronenberg, Sidley Austin LLP, Washington, DC; Robert S. Velevis, Sidley Austin LLP, Dallas, TX for wind-down debtor. John H. Knight, Amanda R. Steele, David T. Queroli, Richards, Layton & Finger, P.A., Wilmington, DE; Ana Alfonso, Erin Ryan, Wilkie Farr & Gallagher LLP, New York, NY for Wells Fargo Bank.
    Case Number: D69426

    Royalty claimants were not entitled to an emergency stay in this appeal because they failed to show irrepa-rable harm or a likelihood of success.

  • Rehoboth Bay Homeowners' Ass'n v. Hometown Rehoboth Bay, LLC

    Publication Date: 2021-05-26
    Practice Area: Landlord Tenant Law
    Industry: Real Estate
    Court: Delaware Supreme Court
    Judge: Justice Vaughn
    Attorneys: For plaintiff: Olga Beskrone, Community Legal Aid Society, Inc., Wilmington, DE appellants.
    for defendant: Michael P. Morton, Robert J. Valihura, David C. Zerbato, Morton, Valihura & Zerbato, LLC, Greenville, DE for appellee.
    Case Number: D69410

    Capital improvements to a manufactured home community entitled the owner to raise rent under the Rent Justification Act, but the owner could not extend the rent increase into subsequent years once it had recov-ered that expense.

  • Smith v. Scott

    Publication Date: 2021-05-19
    Practice Area: Employment Litigation
    Industry: Investments and Investment Advisory | Real Estate
    Court: Court of Chancery
    Judge: Vice Chancellor Slights
    Attorneys: For plaintiff: David E. Wilks, D. Charles Vavala, Wilks Law, LLC, Wilmington, DE; Douglas Albritton, Actuate Law LLC, Chicago, IL for plaintiffs.
    for defendant: Robert A. Penza, Stephen J. Kraftschik, Polsinelli PC, Wilmington, DE; Anthony C. Porcelli, Scott M. Gil-bert, Polsinelli PC, Chicago, IL for defendants.
    Case Number: D69401

    The chancery court denied defendant's motion to dismiss plaintiff's conversion, implied covenant and wage law claims, but it dismissed the claims for breach of fiduciary duty, defamation and punitive damages.

  • Moyer v. Am. Zurich Ins. Co.

    Publication Date: 2021-05-12
    Practice Area: Insurance Litigation
    Industry: Insurance | Real Estate
    Court: Delaware Superior Court
    Judge: Judge Clark
    Attorneys: For plaintiff: Phillip T. Edwards, Murphy & Landon, Wilmington, DE for plaintiff.
    for defendant: Bruce W. McCullough, Bodell Bove, LLC, Wilmington, DE for defendant.
    Case Number: D69393

    The court denied an insurer's motion for partial summary judgment regarding punitive damages because the injured party presented sufficient facts to permit a jury to find recklessness.

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  • Carney v. B&B Serv. Co.

    Publication Date: 2021-04-28
    Practice Area: Real Estate
    Industry: Real Estate
    Court: Delaware Superior Court
    Judge: Judge Rocanelli
    Attorneys: For plaintiff: Charles J. Brown, III, Gellert Scali Busenkell & Brown, LLC, Wilmington, DE for plaintiff.
    for defendant: Neil R. Lapinski, Phillip A. Giordano, Gordon, Fournaris & Mammarella, P.A., Wilmington, DE for defendants.
    Case Number: D69375

    Court denied defendants summary judgment on tortious interference claim where there were genuine issues of material fact as to whether one or more defendants engaged in improper conduct to interfere with plaintiff's sale of his property to a third party.

  • CRE Niagara Holdings, LLC v. Resorts Group, Inc.

    Publication Date: 2021-04-21
    Practice Area: Contracts
    Industry: Hospitality and Lodging | Real Estate
    Court: Delaware Superior Court
    Judge: Judge Wallace
    Attorneys: For plaintiff: Richard P. Rollo, Travis S. Hunter, Dorronda R. Bordley, Richards, Layton & Finger, P.A., Wilmington, DE for plaintiffs.
    for defendant: Garvan McDaniel, Hogan McDaniel, Wilmington, DE; David S. Rosner, Jed I. Bergman, Paul J. Burgo, Stephan P. Thomasch, Kasowitz Benson Torres LLP, New York, NY for defendant.
    Case Number: D69368

    Forum selection clause selecting Delaware in parties' primary purchase agreement won out over conflicting forum selection clauses in prior-executed or ancillary agreements between the parties, precluding dismissal on forum non conveniens grounds.

  • In re: Lucky's Market Parent Co.

    Publication Date: 2021-04-07
    Practice Area: Bankruptcy
    Industry: Food and Beverage | Real Estate | Retail
    Court: U.S. District Court of Delaware
    Judge: District Judge Dorsey
    Attorneys: For plaintiff:
    for defendant:
    Case Number: D69354

    The bankruptcy court rejected a landlord's administrative expense claim, because the lease provided that trade fixtures remained debtors' property.

  • Acua-Atalaya v. Newmont Mining Corp.

    Publication Date: 2021-01-13
    Practice Area: Real Estate
    Industry: Mining and Resources
    Court: U.S. Court of Appeals for the Third Circuit
    Judge: Judge Shwartz
    Attorneys: For plaintiff:
    for defendant:
    Case Number: D69257

    The district court acted within its discretion when it dismissed plaintiffs' complaint based on forum non conveniens, because the evidence indicated that the courts of another country could provide an adequate alternative forum for the parties' dispute.

  • In re WeWork Litig.

    Publication Date: 2021-01-06
    Practice Area: Corporate Governance
    Industry: Investments and Investment Advisory | Real Estate
    Court: Court of Chancery
    Judge: Chancellor Bouchard
    Attorneys: For plaintiff: William B. Chandler III, Brad D. Sorrels, Lori W. Will, Lindsay Kwoka Faccenda, Leah E. Brenner, Jeremy W. Gagas, Wilson Sonsini Goodrich & Rosati, P.C., Wilmington, DE; Michael S. Sommer, Wilson Sonsini Goodrich & Rosati, P.C., New York, NY; David J. Berger, Steven M. Guggenheim, Dylan G. Savage of Wil-son Sonsini Goodrich & Rosati, P.C. , Palo Alto for plaintiff We Company; William M. Lafferty, Kevin M. Coen, Sabrina M. Hendershot, Sara Toscano, Morris Nichols Arsht & Tunnell LLP, Wilmington, DE; Eric Seiler, Philippe Adler, Mala Ahuja Harker, Friedman Kaplan Seiler & Adelman LLP, New York, NY; William Christopher Carmody, Shawn J. Rabin, Arun Subramanian, Susman Godfrey L.L.P., New York, NY for plain-tiffs Neumann and We Holdings LLC.
    for defendant: Robert S. Saunders, Sarah R. Martin, Skadden, Arps, Slate, Meagher & Flom LLP, Wilmington, DE; George A. Zimmerman, Skadden, Arps, Slate, Meagher & Flom LLP, New York, NY for The We Co. Elena C. Norman, Rolin P. Bissell, Nicholas J. Rohrer, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Erik J. Olson, of Morrison & Foerster LLP, Palo Alto, CA; James Bennett, Jordan Eth, Morrison & Foerster LLP, San Fran-ciso, CA for defendant SoftBank Group Corp. Michael A. Barlow, E. Wade Houston, Abrams & Baylis LLP, Wilmington, DE; John B. Quinn, Molly Stephens of Quinn Emanuel Urquhart & Sullivan, LLP, Los Angeles, CA for defendant SoftBank Vision Fund.
    Case Number: D69249

    A temporary committee created by a company's board of directors did not have authority to terminate a lawsuit that was filed by an earlier special committee.