• Olenik v. Lodzinski

    Publication Date: 2019-04-17
    Practice Area: Deals and Transactions
    Industry: Energy | Investments and Investment Advisory
    Court: Delaware Supreme Court
    Judge: Justice Seitz
    Attorneys: For plaintiff: Jeremy S. Friedman, Spencer Oster and David F.E. Tejtel, Friedman Oster & Tejtel, PLLC, New York, NY; Ned Weinburger and Thomas Curry, Labaton Sucharow LLP, Wilmington, DE; Peter B. Andrews, Craig J. Springer and David Sborz, Andrews & Springer LLC, Wilmington, DE for plaintiff.
    for defendant: Kenneth J. Nachbar, D. McKinley Measley and Lauren Neal Bennett, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Gerard G. Pecht, Peter A. Stokes and William Patrick Courtney, Norton Rose Fullbright US LLP, Houston, TX and Austin, TX for defendants Lodzinski, Singleton, Bold Energy III LLC and Earthstone Energy, Inc. Rolin P. Bissell and James M. Yoch, Jr., Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Michael C. Holmes, Craig E. Zieminski, Stephen S. Gilstrap, R. Kent Piacenti and Jeffrey Crough, Vinson & Elkins LLP, Dallas, TX for defendants Swanson, Thielmann, Zorich, EnCap Investments, Bold Energy Holdings, LLC and Oak Valley Resources, LLC.

    Case Number: D68531

    Plaintiff alleged sufficient facts to avoid dismissal of this derivative action, because substantive economic negotiations occurred prior to the formation of a special committee.

  • Aranda v. Philip Morris USA Inc.

    Publication Date: 2018-04-04
    Practice Area: Civil Procedure | Personal Injury
    Industry: Agriculture
    Court: Delaware Supreme Court
    Judge: Justice Seitz
    Attorneys: For plaintiff: Ian Connor Bifferato, Richard S. Gebelein, and Thomas F. Driscoll, The Bifferato Firm, Wilmington, DE; Charles S. Siegel, Waters & Kraus, LLP, Dallas, TX; Stephen J. Phillips, Phillips & Paolicelli, New York, NY; the Thorton Law Firm, Boston, MA, attorneys for appellants
    for defendant: P. Clarkson Collins, Jr. and David J. Soldo, Morris James LLP, Wilmington, DE; Patrick W. Dennis and Perlette Michele Jura, Gibson, Dunn & Crutcher LLP, Los Angeles, CA; Miguel A. Estrada and Amir C. Tayrani, Gibson, Dunn & Crutcher LLP, Washington, DC; Donald E. Reid, Morris Nichols Arsht & Tunnell LLP, Wilmington, DE; Matthew S. Hellman, Jenner & Block LLP, Washington, DC; Elizabeth A. Coleman and Casey T. Grabenstein, Jenner & Block LLP, Chicago, IL, attorneys for appellees.

    Case Number: D68094

    Availability of alternative forum not a condition of dismissal on forum non conveniens grounds, as analysis focused solely on defendants hardship in litigating in Delaware.

  • Elenza, Inc. v. Alcon Labs. Holding Corp.

    Publication Date: 2018-04-04
    Practice Area: Contracts | Intellectual Property
    Industry: Biotechnology
    Court: Delaware Supreme Court
    Judge: Justice Seitz
    Attorneys: For plaintiff: Timothy J. Simeone, Charles T. Kimmett, Walter E. Anderson, and John R. Grimm, Harris, Wilshire & Grannis LLP, Washington, DC; Andrew D. Cordo and F. Troupe Mickler IV, Ashby & Geddes, Wilmington, DE, attorneys for appellant
    for defendant: Heidi K. Hubbard, Daniel P. Shanahan, David Randall J. Riskin, Tamara A. Rubb, and Michelle L. Hood, Williams & Connolly LLP, Washington, DC; Michael P. Kelly, Daniel M. Silver, and Benjamin P. Smyth, McCarter & English LLP, Wilmington, DE, attorneys for appellees.

    Case Number: D68096

    Misappropriation of trade secrets claim properly denied where plaintiff failed to cite specific uses of its alleged trade secrets in any claimed misappropriation by defendant.

  • In re Investors Bancorp, Inc. Stockholders Litig.

    Publication Date: 2018-01-24
    Practice Area: Corporate Governance
    Industry: Financial Services and Banking
    Court: Delaware Supreme Court
    Judge: Justice Seitz
    Attorneys: For plaintiff: Steve J. Purcell, Purcell Julie & Lefkowitz LLP, New York, NY; David A. Jenkins, Neal C. Belgam, and Clarissa R. Chenoweth, Smith Katzenstein & Jenkins LLP, Wilmington, DE, attorneys for appellants
    for defendant: Kenneth J. Nachbar and Zi-Xiang Shen, Morris, Nichols, Arsh & Tunnell LLP, Wilmington, DE, attorneys for appellees.

    Case Number: D68016

    Chancery court erroneously dismissed plaintiffs breach of fiduciary claim arising from boards self-award of equity incentives, where incentive plan authorized by disinterested majority stockholder vote granted board discretion to fashion specific awards that were not ratified by the stockholders.