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Teuza A Fairchild Tech. Venture Ltd. v. Lindon
Publication Date: 2023-05-09
Practice Area: Mergers and Acquisitions
Industry: Biotechnology | Investments and Investment Advisory
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys:
For plaintiff: Stephen E. Jenkins, Samuel M. Gross, Ashby & Geddes, Wilmington, DE; Donald J. Enright, Elizabeth K. Tripodi, Jordan A. Cafritz, Levi & Korsinsky, LLP, Washington, DC for plaintiff.
For defendant: Raymond J. DiCamillo, Kevin M. Gallagher, Kyle H. Lachmund, Richards, Layton & Finger, P.A., Wilmington, DE; Adam H. Offenhartz, M. Jonathan Seibald, Gibson, Dunn & Crutcher LLP, New York, NY; Kevin M. Coen, Stephanie Rudolph, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Scott B. Czerwonka, Andrea S. Brooks, Wilks Law, LLC, Wilmington, DE; Kurt M. Heyman, Jamie L. Brown, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE; John F. Baughman, Daniel A. Schwartz, JFB Legal, PLLC, Norfolk, VA for defendants.
Case number: 2022-0130-SG

Former stockholder plausibly alleged fiduciary claims against controller as it received non-ratable benefit from sale of the company and attempted to induce minority stockholders to waive any fiduciary claims to receive their merger consideration.

Rust v. Rust
Publication Date: 2023-05-09
Practice Area: Trusts and Estates
Industry:
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys:
For plaintiff: Sean J. Bellew, Bellew LLC, Wilmington, DE for plaintiff.
For defendant: Kenneth J. Nachbar, Lauren K. Neal, Michael J. Slobom, Jr., Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE for defendants.
Case number: 2020-0762-SG

Court enforced memorandum of settlement as parties' settlement agreement where it contained all material terms to resolve the parties' dispute and any remaining terms for a final settlement agreement were ancillary or non-material.

Envolve Pharmacy Solutions, Inc. v. Rite Aid Headquarters Corp.
Publication Date: 2023-04-04
Practice Area: Contracts
Industry: Distribution and Wholesale | Pharmaceuticals | Retail
Court: Delaware Superior Court
Judge: Judge Wallace
Attorneys:
For plaintiff: Karen Jacobs, Alexandra M. Cumings, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Keith J. Harrison, Christopher Flynn, Daniel W. Wolff, Jerome P. DeSanto, Jed Wulfekotte, Crowell & Moring LLP, Washington, DC for plaintiffs.
For defendant: Corrie Elise Amato, Eric J. Juray, Jason W. Rigby, Prickett, Jones & Elliot, P.A., Wilmington, DE; Neil K. Gilman, Christopher J. Dufek, Brianne Reese, Hunton Andrews Kurth LLP, Washington, DC; John B. Shely, Courtney B. Glaser, Kelsey J. Hope, Hunton Andrews Kurth LLP, Houston, TX for defendants.
Case number: N19C-12-214 PRW CCLD

Court denied summary judgment on breach of contract claims where there was a factual dispute over whether defendant's customers participating in savings card and price-match programs fell within the scope of the parties' contracts for prescription drug reimbursements.

Mehra v. Teller
Publication Date: 2023-03-14
Practice Area: Corporate Entities
Industry: Consumer Products
Court: Court of Chancery
Judge: Chancellor McCormick
Attorneys:
For plaintiff: John L. Reed, Peter H. Kyle, Kelly L. Freund, DLA Piper LLP, Wilmington, DE; Patrick J. Smith, Brian T. Burns, Smith Zillazor LLP, New York, NY for plaintiffs.
For defendant: Jon E. Abramczyk, D. McKinley Measley, Alexandra Cumings, Elizabeth A. Mullin, Sebastian Van Oudenallen, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE for defendants.
Case number: 2019-0812-KSJM

Although LLC agreement entitled member to continued economic distribution rights after Holdco distributed the shares it held in its subsidiary, the subsidiary was not an indispensable party where its manager and preferred members were already parties to the action and had authority to amend the subsidiary's LLC agreement.

Soligenix, Inc. v. Emergent Prod. Dev. Gaithersburg, Inc.
Publication Date: 2023-03-07
Practice Area: Contracts
Industry: Biotechnology | Pharmaceuticals
Court: Court of Chancery
Judge: Vice Chancellor Fioravanti
Attorneys:
For plaintiff: Richard L. Renck, Mackenzie M. Wrobel, Coleen W. Hill, Duane Morris LLP, Wilmington, DE; Frederick R. Ball, Duane Morris LLP, Boston, MA; Patrick C. Gallagher, Duane Morris LLP, Boca Raton, FL for petitioner.
For defendant: Jon E. Abramczyk, Ryan D. Stottman, Grant Michl, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Jake Goodelman, John Dougherty, Thomas Wintner, Katherine Galle, Mintz, Levin, Cohn, Ferris, Glovsky, and Pompeo, P.C., Boston, MA for respondents.
Case number: 2022-0880-PAF

Motion for continued confidential treatment of petition to vacate arbitration award denied where there was nothing inherently confidential about arbitration and court was not bound by the parties' stipulated protective order during their arbitration.

InQuisient Inc. v. ServiceNow, Inc.
Publication Date: 2023-03-07
Practice Area: Patent Litigation
Industry: E-Commerce | Software
Court: U.S. District Court of Delaware
Judge: District Judge Burke
Attorneys:
For plaintiff: Susan E. Morrison, Fish & Richardson P.C., Wilmington, DE; Frank E. Scherkenbach, Adam Kessel, Andrew Pearson, Fish & Richardson P.C., Boston, MA; Jason W. Wolff, Fish & Richardson P.C., San Diego, CA; Excylyn Hardin-Smith, Fish & Richardson P.C., New York, NY for plaintiff.
For defendant: Jack B. Blumenfeld, Jennifer Ying, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Kevin P.B. Johnson, Diane M. Doolittle, Ray Zado, Quinn Emanuel Urquhart & Sullivan, LLP, Redwood Shores, CA; Marissa R. Ducca, Quinn Emanuel Urquhart & Sullivan, LLP, Washington, D.C.; Jodie Cheng, Quinn Emanuel Urquhart & Sullivan, LLP, San Francisco, CA for defendant.
Case number: 22-900-CJB

Court declined to dismiss patent infringement case at pleadings stage due to lack of patent-eligible subject matter where patent claims appeared to describe new method of electronic data management solving existing problems of flexibility and portability between databases, which constituted an inventive concept beyond the abstract idea of managing data.

Daniel v. Hawkins
Publication Date: 2023-01-31
Practice Area: Corporate Governance
Industry: Distribution and Wholesale | Pharmaceuticals
Court: Delaware Supreme Court
Judge: Justice Valihura
Attorneys:
For plaintiff: David Teklits, Sara Barry, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Jeffrey Alan Simes, Goodwin Proctor, LLP, New York, NY for appellants.
For defendant: Richard I.G. Jones, John G. Harris, Berger Harris LLP, Wilmington, DE for appellees.
Case number: 184, 2022

The court affirmed the trial court's ruling that an irrevocable proxy did not run with majority shares and dismissed appellant's arguments that the court improperly relied on "extrinsic" evidence contained in the proxy's addendum as well as the Third Restatement, finding that the addendum fell within the proxy's four corners and that the law cited from the Third Restatement accurately reflected the same legal principles that were in place at the time the proxy was established.

Vanda Pharm., Inc. v. Teva Pharm. USA, Inc.
Publication Date: 2023-01-10
Practice Area: Patent Litigation
Industry: Pharmaceuticals
Court: U.S. District Court of Delaware
Judge: District Judge Connolly
Attorneys:
For plaintiff: Karen Jacobs, Derek J. Fahnestock, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Nicholas Groombridge, Eric Alan Stone, Josephine Young, Daniel J. Klein, Jennifer Rea Deneault, Michael F. Milea, Groombridge, Wu, Baughman & Stone LLP, New York, NY for plaintiff.
For defendant: Karen E. Keller, Nathan R. Hoeschen, Shaw Keller LLP, Wilmington, DE; J.C. Rozendaal, Deirdre M. Wells, William H. Milliken, Sasha Rao, Michael Bruns, Byron L. Pickard, Sterne, Kessler, Goldstein & Fox PLLC, Washington, DC; Thomas J. Francella, Jr., Kaan Ekiner, Gregory F. Fischer, Cozen O’Connor, Wilmington, DE; Barry P. Golob, W. Blake Coblentz, Aaron S. Lukas, Kerry B. McTigue, Cozen O’Connor, Washington, DC; Keri L. Schaubert, Cozen O’Connor, New York, NY; Derek Gretkowski, Cozen O’Connor, Philadelphia, PA for defendants.
Case number: 18-651-CFC

Defendants' ANDA did not result in liability for infringement of patent claims that the court found invalid as obvious based on the combined teachings of the prior art.

Jazz Pharm. V. Avadel CNS Pharm., LLC
Publication Date: 2022-12-06
Practice Area: Patent Litigation
Industry: Pharmaceuticals
Court: U.S. District Court of Delaware
Judge: District Judge Williams
Attorneys:
For plaintiff: Jack B. Blumenfeld, Jeremy A. Tigan, Morris, Nichols, Arsht & Tunnell LLP; F. Dominic Cerrito, Eric C. Stops, Evangeline Shih, Andrew S. Chalson, Gabriel P. Brier, Frank C. Calvosa, Quinn Emanuel Urquhart & Sullivan, LLP for plaintiffs.
For defendant: Daniel M. Silver, Alexandra M. Joyce, McCarter & English, LLP; Kenneth G. Schuler, Marc N. Zubick, Alex Grabowski, Sarah W. Wang, Herman Yue, Alan Devlin, Andrew T. Jones, Audra Sawyer, Franco Benyamin, Sarah Propst, Yi Ning, Latham & Watkins LLP; Daralyn J. Durie, Kira A. Davis, Katherine E. McNutt, Rebecca E. Weires, Durie Tangri LLP for defendant.
Case number: 21-691-GBW

Court accepted plain and ordinary meaning of disputed patent terms where extrinsic evidence showed that the term constituted a term of art showing that the claimed invention had a release profile different from immediate release or other prior art.

Am. Healthcare Admin. Serv. Inc. v. Aizen
Publication Date: 2022-12-06
Practice Area: Mergers and Acquisitions
Industry: Health Care | Insurance | Pharmaceuticals
Court: Court of Chancery
Judge: Vice Chancellor Laster
Attorneys:
For plaintiff: Thomas W. Briggs, Jr., Sabrina M. Hendershot, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Christopher R. Rodriguez, Andrew D. Bluth, Singleton Schreiber LLP, Sacramento, CA for plaintiffs/counter-claim defendants.
For defendant: Paul D. Brown, Joseph B. Cicero, Gregory E. Stuhlman, Aidan T. Hamilton, Chipman Brown Cicero & Cole, LLP, Wilmington, DE for defendant/counterclaim-plaintiff.
Case number: 2019-0793-JTL

The court found for plaintiff stockholders who sought a specific performance order compelling a corporation's former CEO to release funds which were held in an escrow account.

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