• Riker v. Teucrium Trading, LLC

    Publication Date: 2020-05-27
    Practice Area: Corporate Entities
    Industry: Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Chancellor Bouchard
    Attorneys: For plaintiff: Michael F. Bonkowski and Andrew L. Cole, Cole Schotz P.C., Wilmington, DE; Roger A. Lane and Courtney Worcester, Foley & Lardner LLP, Boston, MA for plaintiff.
    for defendant: T. Brad Davey and Mathew A. Golden, Potter Anderson & Corroon LLP, Wilmington, DE; Barry S. Pollack and Joshua L. Solomon, Pollack Solomon Duffy LLP, Boston, MA for defendant.

    Case Number: D68995

    In this books and records request matter, the court held that plaintiff was entitled to certain documents to value his interest, but the court denied other aspects of his request.

  • Otto Candies LLC v. KPMG, LLP

    Publication Date: 2019-05-08
    Practice Area: Business Torts | Civil Procedure
    Industry: Consulting | Transportation
    Court: Court of Chancery
    Judge: Vice Chancellor Zurn
    Attorneys: For plaintiff: David E. Ross, Ross, Aronstam & Moritz LLP, Wilmington, DE; Terry L. Wit, A. William Urquhart, Juan P. Morillo, Derek L. Shaffer, and Lauren H. Dickie, Quinn Emanual Urquhart & Sullivan, LLP, San Francisco, CA and Washington, DC for plaintiffs.
    for defendant: Kevin R. Shannon, Matthew F. Davis, and Christopher N. Kelly, Potter Anderson & Corroon LLP, Wilmington, DE; Gregory G. Ballard and Jose F. Sanchez, Sidley Austin LLP, New York, NY; Todd Schlitz, Drinker Biddle & Reath LLP, Wilmington, DE; Robert A. Scher and Jonathan H. Friedman, Foley & Lardner LLP, New York, NY; Timothy Jay Houseal, Jennifer M. Kinkus, and William E. Gamgord, Young Conaway Stargatt & Taylor LLP, Wilmington, DE; Ana C. Reyes, Williams & Connolly, LLP, Washington, DC for defendants.

    Case Number: D68551

    Actions transferred from superior court to chancery court subject to a fully-briefed and argued motion to dismiss were subject to the chancery court's rule requiring plaintiffs subject to such a motion to either seek leave to amend or stand on their complaint and risk dismissal with prejudice; however, as a matter of first impression the court declined to enforce the rule on plaintiffs.

  • Almond v. Glenhill Advisors, LLC

    Publication Date: 2019-04-24
    Practice Area: Mergers and Acquisitions
    Industry: Consumer Products | Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Chancellor Bouchard
    Attorneys: For plaintiff: Peter B. Ladig and Sara E. Bussiere, Bayard, P.A., Wilmington, DE; David H. Wollmuth and Michael C. Ledley, Wollmuth Maher & Deutsch LLP, New York, NY; David A. Jenkins, Smith, Katzenstein & Jenkins LLP, Wilmington, DE; Scott J. Watnik, Wilk Auslander LLP, New York, NY; Thomas A. Brown, Morea Schwartz Bradham Friedman & Brown LLP, New York, NY for plaintiffs.
    for defendant: Andrew D. Cordo and F. Troupe Mickler IV, Ashby & Geddes, Wilmington, DE; Adrienne M. Ward and Brian Katz, Olshan Frome Wolosky LLP, New York, NY; John B. Borgan, Ellenoff Grossman & Schole LLP, New York, NY; Douglas D. Herrmann, Pepper Hamilton LLP, Wilmington, DE; Paul B. Carberry, Joshua Weedman, and Erin Smith, White & Case LLP, New York, NY; Frederick B. Rosner, Scott J. Leonhardt, and Jason A. Gibson, The Rosner Law Group LLC, Wilmington, DE; S. Preston Ricardo, Golenbock Eiseman Assor Bell & Peskoe LLP, New York, NY; John D. Hendershot, Susan M, Hannigan, and Brian F. Morris, Richards, Layton & Finger, P.A., Wilmington, DE; Brian B. House, Foley & Lardner LLP, Milwaukee, WI for defendants.

    Case Number: D68534

    Plaintiffs' fee application pursuant to the corporate benefit doctrine denied under equitable principles where plaintiffs opposed company's efforts to judicially validate defective corporate acts identified by plaintiffs to succeed on their larger claim for damages.

  • Otto Candies, LLC v. KPMG LLP

    Publication Date: 2019-03-13
    Practice Area: Business Torts
    Industry: Financial Services and Banking | Energy
    Court: Court of Chancery
    Judge: Vice Chancellor Zurn
    Attorneys: For plaintiff: David E. Ross, Ross, Aronstam & Moritz LLP, Wilmington, DE; Terry L. Wit, A. William Urquhart, Juan P. Morillo, Derek L. Shaffer, and Lauren H. Dickie, Quinn Emanuel Urquhart & Sullivan, LLP, San Francisco, CA and Washingto, DC for plaintiffs.
    for defendant: Kevin R. Shannon, Matthew F. Davis, and Christopher N. Kelly, Potter Anderson & Corroon LLP, Wilmington, DE; Gregory G. Ballard and Jose F. Sanchez, Sidley Austin LLP, New York, NY; Todd Schlitz, Drinker Biddle & Reath LLP, Wilmington, DE; Robert A. Scher and Jonathan H. Friedman, Foley & Lardner LLP, New York, NY; Timothy J. Houseal, Jennifer M. Kinkus, and William E. Gamgort, Young Conaway Stargatt & Taylor LLP, Wilmington, DE; Ana C. Reyes, Williams & Connolly, Washington, DC, attorneys for defendants.

    Case Number: D68489

    Plaintiffs' negligent misrepresentation claim against their debtor's auditing firm dismissed where the court lacked personal jurisdiction over foreign subsidiaries and where there was no privity of contract or special relationship between plaintiffs and auditor or justifiable reliance on alleged misrepresentations.

  • Almond v. Glenhill Advisors LLC

    Publication Date: 2018-08-29
    Practice Area: Mergers and Acquisitions
    Industry:
    Court: Court of Chancery
    Judge: Chancellor Bouchard
    Attorneys: For plaintiff: Peter B. Ladig, Bayard, P.A, Wilmington, DE; David H. Wollmuth and Michael C. Ledley, Wollmuth Maher & Deutsch LLP, New York, NE; Norman M. Monhait and P. Bradford deLeeuw, Rosenthal Monhait & Goddess, P.A., Wilmington, DE; Scott J. Watnkid, Wilk Auslander LLP, New York, NY; Thomas A. Brown, Morea Schwartz Bradham Friedman & Brown LLP, New York, NY, attorneys for plaintiffs
    for defendant: Andrew D. Cordo and F. Troupe Mickler IV, Ashby & Geddes, Wilmington, DE; Adrienne M. Ward and Brian Katz, Olshan Frome Wolosky LLP, New York, NY; John B. Horgan, Ellenoff Grossman & Schole LLP, New York, NY; Douglas D. Herrmann, Pepper Hamilton LLP, Wilmington, DE; Paul B. Carberry, Joshua Weedman, and Erin Smith, White & Case LLP, New York, NY; Frederick B. Rosner, Scott J. Leonhardt, and Jason A. Gibson, The Rosner Law Group LLC, Wilmington, DE; S. Preston Ricardo, Golenbock Eiseman Assor Bell & Peskoe LLP, New York, NY; John D. Hendershot, Susan M. Hannigan, and Brian F. Morris, Richards, Layton & Finger P.A., Wilmington, DE; Bryan B. House, Foley & Lardner LLP, Milwaukee, WI, attorneys for defendants.

    Case Number: D68262

    Overpayment claims challenging merger transaction were derivative claims extinguished by merger where defendant was a controlling stockholder and enjoyed no increase in its economic stake or voting power.

  • Carr v. New Enter. Assocs., Inc.

    Publication Date: 2018-04-11
    Practice Area: Corporate Governance
    Industry: Biotechnology | Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Chancellor Bouchard
    Attorneys: For plaintiff: T. Brad Davey and Matthew A. Golden, Potter Anderson & Corroon LLP, Wilmington, DE; Barry S. Pollack and Joshua L. Solomon, Pollack Solomon Duffy LLP, Boston, MA, attorneys for plaintiff
    for defendant: Herbert W. Mondros and Krista R. Samis, Margolis Edelstein, Wilmington, DE; Michael f. Bonkowski and Nicholas J. Brannic, Cole Schotz P.C., Wilmington, DE; Roger A. Lane, Courtney Worcester, and Jasmine D. Coo, Foley & Lardner LLP, Boston, MA; Angelica Boutwell, Foley & Lardner LLP, Miami, FL, attorneys for defendants.

    Case Number: D68103

    Breach of fiduciary duty claims dismissed against parties not part of controlling stockholders control group, but maintained where demand excused by director conflicts that called transaction fairness into question.

  • Seiden v. Kaneko, DEFAX Case No. D67679 (Del.Ch. March 23, 2017), Slights, V.C. (25 pages).

    Publication Date: 2017-04-05
    Practice Area: Business Torts | Commercial Law
    Industry: Agriculture
    Court: Delaware Court of Chancery
    Judge:
    Attorneys: For plaintiff:
    for defendant:

    Case Number: D67679

    Receiver's breach of fiduciary claims against company's former president were barred by a general release of claims that was validly supported by the consideration of the president's securing the re

  • Chicago Bridge & Iron Co. N.V. v. Westinghouse Elec. Co. LLC, DeFAX Case No. D67455 (Del. Ch. Dec. 5, 2016) Laster, V.C. (16 pages).

    Publication Date: 2016-12-21
    Practice Area: Contractual Disputes
    Industry: Energy
    Court: Delaware Court of Chancery
    Judge:
    Attorneys: For plaintiff:
    for defendant:

    Case Number: D67455

  • Seiden v. Kaneko, DeFAX Case No. D67040 (Del. Ch. Nov. 3, 2015) Noble, V.C. (45 pages).

    Publication Date: 2015-12-23
    Practice Area:
    Industry:
    Court: Delaware Court of Chancery
    Judge:
    Attorneys: For plaintiff:
    for defendant:

    Case Number: D67040

  • NewYork.com Internet Holdings, Inc. v. Entm't Benefits Grp., LLC, DeFAX Case No. D66909 (Del. Ch. July 8, 2015) Parsons, V.C. (24 pages).

    Publication Date: 2015-07-29
    Practice Area:
    Industry:
    Court: Delaware Court of Chancery
    Judge:
    Attorneys: For plaintiff:
    for defendant:

    Case Number: D66909