• Delaware Business Court Insider

    Del. Supreme Court Rejects Requirement of Alternative Forum Before Case Dismissal

    March 22, 2018

    The Delaware Supreme Court on Thursday declined to adopt a rule that would require state courts to determine that an alternative forum is available to plaintiffs before dismissing cases on the grounds of forum non conveniens.

  • Equity Trust Co. v. Interactive Brokers LLC

    Publication Date: 2018-03-21
    Practice Area: Contractual Disputes
    Industry: Financial Services and Banking | Brokerage
    Court: Delaware Superior Court
    Judge: Judge Carpenter
    Attorneys: For plaintiff: Thomas R. Pulsifer, Matthew R. Clark and Daniel T. Menken for plaintiff
    for defendant: Martin S. Lessner, Mary F. Dugan for defendant.

    Case Number: D68081

    The unambiguous terms of a service agreement allowed a party to exercise the option not to renew, and doing so did not trigger termination fees. Motion to dismiss granted.

  • Green Mountain Glass LLC v. Saint-Gobain Containers, Inc.

    Publication Date: 2018-03-21
    Practice Area: Damages | Patent Litigation
    Industry: Manufacturing
    Court: U.S. District Court of Delaware
    Judge: District Judge Sleet
    Attorneys: For plaintiff:
    for defendant:

    Case Number: D68082

    Plaintiffs in this patent infringement matter were entitled to pre-judgement interest where the jury found defendant will-fully infringed, but the court denied the parties other post-trial motions.

  • In re United Tax Group, LLC

    Publication Date: 2018-03-21
    Practice Area: Bankruptcy | Creditors' and Debtors' Rights
    Industry: Financial Services and Banking
    Court: U.S. District Court of Delaware
    Judge: District Judge Stark
    Attorneys: For plaintiff:
    for defendant:

    Case Number: D68084

    The bankruptcy court properly denied a motion to allow the filing of a proceeding against the bankruptcy trustee for asserting control over the debtors mail, because no forcible seizure was involved. Order of the bankruptcy court affirmed.

  • In re Abeinsa Holding, Inc.

    Publication Date: 2018-03-21
    Practice Area: Bankruptcy
    Court: U.S. Bankruptcy Court
    Judge: Judge Carey
    Attorneys: For plaintiff:
    for defendant:

    Case Number: D68083

    The bankruptcy court clarified its decision ordering the litigation trustee be substituted for the debtor in a pending arbitration matter. Motion for limited reconsideration granted in part, denied in part.

  • 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.

  • Delaware Business Court Insider

    Is Stockholder Litigation in Trouble in Delaware? An Update

    March 21, 2018

    A series of recent Delaware court decisions have caused some plaintiffs law firms to decide stockholder litigation should no longer be filed in the Delaware courts.

  • Delaware Business Court Insider

    Del. Judge Trims BlackBerry's Infringement Suit Against Nokia

    March 21, 2018

    A Delaware federal judge has knocked out patent infringement claims against telecommunications giant Nokia Corp. over its alleged use of 11 patents underlying BlackBerry Ltd.'s 3G and 4G communications technology, finding no evidence that the parent company effectively controlled its subsidiaries.

  • Delaware Business Court Insider

    Weinstein Co. Bidder Weighs Offer in Wake of Studio's Bankruptcy

    March 20, 2018

    Details of Lantern Capital Partners' stalking-horse bid to buy Bob and Harvey Weinstein's namesake film studio came into focus early Tuesday, just hours after The Weinstein Co. filed for Chapter 11 bankruptcy protection in Delaware.

  • Delaware Law Weekly

    Lawyers Spar Over Conspiracy Allegations as Wilmington Trust Trial Ends Week 1

    March 16, 2018

    The long-awaited Wilmington Trust criminal trial is finally underway in a Delaware federal court, as federal prosecutors this week made their case that four of the bank's former top executives orchestrated a scheme to hide hundreds of millions of dollars in bad loans from regulators and investors.