• In re: Nine Point Energy Holdings, Inc.

    Publication Date: 2021-07-28
    Practice Area: Bankruptcy
    Industry: Energy | Transportation
    Court: U.S. Bankruptcy Court
    Judge: Judge Walrath
    Attorneys: For plaintiff: Michael R. Nestor, Kara Hammond Coyle, Michael S. Neiburg, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Richard A. Levy, Caroline A. Reckler, Jonathan Gordon, Latham & Watkins LLP, Chicago, IL; George A. Davis, Nacif Taousse, Alistair K. Fatheazam, Jonathan J. Weichselbaum, Latham & Watkins LLP, New York, NY; Heather Lennox, Robert S. Faxon, Jones Day, Cleveland, OH for plaintiffs.
    for defendant: Edward Soto, Weil Gotshal & Manges LLP, Miami, FL; Alfredo Perez, Weil Gotshal & Manges LLP, Houston, TX; Philip Bentley, Stephen Zide, Caroline Gange, Kramer Levin Naftalis & Frankel LLP, New York, NY; Curtis S. Miller, Taylor M. Haga, Nader A. Amer, Morris, Nichols, Arsht & Tunnell, LLP, Wilmington, DE for defendants.

    Case Number: D69480

    Declarations and interests in midstream services agreement did not create a covenant running with mineral interest because the agreement only concerned the provision of personal benefits to the interest-holder, not any benefit to its real property.

  • July 23, 2021 | Law.com

    Skilled in the Art: McDermott and Sterne Kessler Wage Patent War Without Some Big Weapons + It's Official: Archer Aviation Will Not Be Enjoined

    McDermott and Sterne Kessler try a patent case to verdict with one hand tied behind their backs.

    6 minute read

  • Concerned Citizens of the Estates of Fairway Vill. v. Fairway Cap, LLC

    Publication Date: 2021-07-14
    Practice Area: Real Estate
    Industry: Real Estate
    Court: Delaware Supreme Court
    Judge: Justice Montgomery-Reeves
    Attorneys: For plaintiff: Richard E. Berl, Jr., Hudson, Jones, Jaywork & Fisher, LLC, Lewes, DE for appellants.
    for defendant: Jeffrey M. Weiner, Law Offices of Jeffery M. Weiner, P.A., Wilmington, DE; Timothy Jay Houseal, William E. Gamgort, Young Conaway Stargatt & Taylor, LLP for appellees.

    Case Number: D69463

    Defendant's failure to move to lift preliminary injunction after co-plaintiff withdrew the security bond and the remaining plaintiff failed to post a replacement bond barred defendant from recovering wrongful injunction damages.

  • Deutsche Bank AG v. Devon Park Bioventures, L.P.

    Publication Date: 2021-07-14
    Practice Area: Corporate Entities
    Industry: Financial Services and Banking | Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Stephen C. Norman, Aaron R. Sims, Potter Anderson & Corroon LLP, Wilmington, DE; David G. Januszewski, Sheila C. Ramesh, Cahill Gordon & Reindel LLP, New York, NY for plaintiff.
    for defendant: James M. Yoch, Jr., Kevin P. Rickert, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Kevin C. Maclay, Todd E. Phillips, Quincy M. Crawford, Nathaniel R. Miller, Caplin & Drysdale, Chartered, Washington, DC; William M. Kelleher, Phillip A. Giordano, Gordon Fournaris & Mammarella, P.A., Wilmington, DE; Ira S. Zaroff, Richard M. Zaroff, Zaroff & Zaroff LLP, Garden City, NY; P. Clarkson Collins, Jr., K. Tyler O’Connell, Albert J. Carroll, R. Eric Hacker, Damon B. Ferrara, Morris James LLP, Wilmington, DE for defendants.

    Case Number: D69464

    Transfer of an ownership interest in a Delaware entity by itself was insufficient to constitute sufficient minimum contacts to support the exercise of long-arm jurisdiction over the foreign transferor and transferee.

  • Wilmington Trust Co. v. Mills

    Publication Date: 2021-07-14
    Practice Area: Trusts and Estates
    Industry: Non-Profit
    Court: Court of Chancery
    Judge: Vice Chancellor Laster
    Attorneys: For plaintiff: Vincent C. Thomas, Kevin A. Guerke, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE for petition-er.
    for defendant: P. Clarkson Collins, Jr., James J. Gallagher, Bryan Townsend, Morris James LLP, Wilmington, DE for re-spondent Mills. Matthew P. D’Emilio, Joseph L. Christensen, Kerry M. Porter, McCollom D’Emilio Smith Uebler LLC, Wilmington, DE for James B. Wyeth, executor of the Estate of Phyllis Mills Wyeth. W. Donald Sparks, II, Chad M. Shandler, Christine D. Haynes, Richards, Layton & Finger, P.A., Wilmington, DE for The Wyeth Foundation.

    Case Number: D69469

    A trust agreement did not authorize the holder of a power of appointment to exercise it in favor of a chari-table organization, so the court invalidated the appointment.

  • In re Oracle Corp. Derivative Litig.

    Publication Date: 2021-07-07
    Practice Area: Corporate Governance
    Industry: Investments and Investment Advisory | Technology Media and Telecom
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Joel Friedlander, Jeffrey M. Gorris of Friedlander & Gorris, P.A., Wilmington, DE; Randall J. Baron, David A. Knotts, Robbins Geller Rudman & Dowd LLP, San Diego, CA; Christopher H. Lyons, Robbins Geller Rud-man & Dowd LLP, Nashville, TN; Brian J. Robbins, Stephen J. Oddo, Gregory Del Gaizo, Robbins LLP, San Diego, CA for lead plaintiff.
    for defendant: Kenneth J. Nachbar, John P. DiTomo, Thomas P. Will, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Sara B. Brody, Jaime A. Bartlett, Sidley Austin LLP, San Francisco, CA; Matthew J. Dolan, Sidley Austin LLP, Palo Alto, CA; Thomas A. Beck, Blake K. Rohrbacher, Susan M. Hannigan, Matthew D. Perri, Daniel E. Kaprow, Richards, Layton & Finger, P.A., Wilmington, DE; Kevin R. Shannon, Berton W. Ashman, Jr., Pot-ter Anderson & Corroon LLP, Wilmington, DE; Arthur H. Aufses, Jonathan M. Wagner, Jason M. Moff, Kramer Levin Naftalis & Frankel LLP, New York, NY; Elena C. Norman, Nicholas J. Rohrer, Richard J. Thomas, Benjamin Potts, Kevin P. Rickert, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Peter A. Wald, Latham & Watkins LLP, San Francisco, CA; Blair Connelly, Latham & Watkins LLP, New York, NY for defendants.

    Case Number: D69458

    The court granted motions to dismiss as to two defendants in this breach of fiduciary duty matter, but it de-nied another defendant's motion because that party was not independent and had actively participated in the negotiation of the challenged transaction.

  • Richardson v. Christiana Care Health Serv., Inc.

    Publication Date: 2021-07-07
    Practice Area: Medical Malpractice
    Industry: Health Care
    Court: Delaware Superior Court
    Judge: Judge Jurden
    Attorneys: For plaintiff: Timothy E. Lengkeek, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE for plaintiff.
    for defendant: Joshua H. Meyeroff, Morris James LLP, Wilmington, DE for defendant.

    Case Number: D69460

    The court granted some of plaintiff's motions in limine in this medical negligence case, but denied other motions to exclude testimony.

  • July 1, 2021 | Delaware Business Court Insider

    Oil Provider Claims Bankruptcy Judge Shouldn't Look Past $150M in Nine Point Claims

    Morris, Nichols, Arsht & Tunnell attorneys filed five appeals in the District of Delaware on Thursday on behalf of Caliber Midstream Partners and its affiliates, calling into question U.S. Bankruptcy Judge Mary F. Walrath's ruling.

    2 minute read

  • June 30, 2021 | Delaware Law Weekly

    2 Young Conaway Attorneys Elected to DSBA Executive Committee

    Young Conaway Stargatt & Taylor announced that two of its attorneys, partner Mary F. Dugan and associate Alberto E. Chávez, were elected to serve on the Delaware State Bar Association executive committee.

    1 minute read

  • June 18, 2021 | Law.com

    Skilled in the Art: Parting Thoughts on a $30 Million AI Trade Secrets Verdict

    Kirkland partners Adam Alper and Mike De Vries share a few insights on the trade secrets trial they just litigated for AI company LivePerson.

    10 minute read

  • CIBC Bank USA v. JH Portfolio Debt Equities, LLC

    Publication Date: 2021-06-16
    Practice Area: Creditors' and Debtors' Rights
    Industry: Financial Services and Banking
    Court: Delaware Superior Court
    Judge: Judge Davis
    Attorneys: For plaintiff: Kevin J. Mangan, Nicholas T. Verna, Womble Bond Dickinson (US) LLP, Wilmington, DE; Edward S. Weil, Melanie J. Chico, Mark A. Silverman, Dykema Gossett PLLC, Chicago, IL for plaintiff.
    for defendant: Raymond H. Lemisch, Sean M. Brennecke, Klehr Harrison Harvey Branzburg LLP, Wilmington, DE; Michael Granne, Provenzano Granne & Bader LLP, New York, NY; Matthew B. Lunn, Mary F. Dugan, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; David E. Wilks, Andrea S. Brooks, Julie M. O’Dell, Wilks, Lukoff & Bracegirdle, LLC, Wilmington, DE for defendants.

    Case Number: D69430

    Claims arising from defendants' entering into side agreements that purportedly interfered with plaintiff's security interest were dismissed where plaintiff failed to plead facts sufficient to show bad faith or that it induced the entry into the side agreements.