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Sunder Energy, LLC v. Jackson

Publication Date: 2024-12-24
Practice Area: Labor Law
Industry: Energy
Court: Delaware Supreme Court
Judge: Justice LeGrow
Attorneys: For plaintiff: Raymond J. DiCamillo, Chad M. Shandler, Steven J. Fineman, Kelly E. Farnan, Kevin M. Gallagher, Christine D. Haynes, Alexander M. Krischik, Sara M. Metzler, Richards, Layton & Finger, P.A., Wilmington, DE; Joshua Berman, Jackson Herndon, Paul C. Gross, Ben Nicholson, Michael H. Rover, Paul Hastings LLP, New York, NY for appellant.
for defendant: Timothy R. Dudderar, Aaron R. Sims, Eric J. Nascone, Potter Anderson & Corroon LLP, Wilmington, DE; Maureen M. Stewart, Foley & Lardner LLP, Tampa, FL; Jordan C. Bledsoe, Tyler Dever, Bryce W. Talbot, Foley & Lardner LLP, Salt Lake City, UT; Paul J. Lockwood, Jenness E. Parker, Jessica R. Kunz, Matthew R. Conrad, Eric M. Holleran, Skadden, Arps, Slate, Meagher & Flom LLP, Wilmington, DE; Karen Hoffman Lent, Evan R. Kreiner, Skadden, Arps, Slate, Meagher & Flom LLP, New York, NY for appellees.
Case Number: 455, 2023

Chancery court did not abuse its discretion in refusing to blue pencil employer's restrictive covenants after it found the covenants unenforceable due to their scope; however, the chancery court exceeded its scope of authority in ruling on the enforceability of the employer's operating agreement containing the restrictive covenants, which went beyond the scope of the employer's request for a preliminary injunction.

Boardwalk Pipeline Partners, LP v. Bandera Master Fund LP

Publication Date: 2023-01-03
Practice Area: Corporate Governance
Industry: Energy | Investments and Investment Advisory | Transportation
Court: Delaware Supreme Court
Judge: Justice Seitz
Attorneys: For plaintiff: William Savitt, Sarah K. Eddy, Adam M Gogolak, Wachtell, Lipton, Rosen & Katz, New York, NY; Daniel A. Mason, Paul, Weiss, Rifkind, Wharton & Garrison LLP, Wilmington, DE; Stephen P. Lamb, Andrew G. Gordon, Harris Fischman, Robert N. Kravitz, Carter E. Greenbaum, Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York, NY; Srinivas M. Raju, Blake Rohrbacher, Matthew D. Perri, John M. O’Toole, Richards, Layton & Finger, P.A., Wilmington, DE; Rolin P. Bissell, Young Conaway Stargatt & Taylor LLP, Wilmington, DE for appellants.
for defendant: A. Thompson Bayliss, J. Peter Shindel, Jr., Daniel G. Paterno, Eric A. Veres, Samuel D. Cordle, Abrams & Bayliss LLP, Wilmington, DE for appellees.
Case Number: 2021-0700-PWG

Member controlling general partner in Master Limited Partnership was correct party to determine whether opinion of counsel to exercise call right was acceptable, meaning that general partner and related entities were exculpated from liability to limited partners due to the presumption of good faith in reliance on opinion of counsel imposed by the limited partnership agreement.

Stream TV Networks, Inc. v. SeeCubic, Inc.

Publication Date: 2022-06-28
Practice Area: Corporate Governance
Industry: Investments and Investment Advisory | Technology Media and Telecom
Court: Delaware Supreme Court
Judge: Justice Valihura
Attorneys: For plaintiff: Andrew S. Dupre, Brian R. Lemon, Steven P. Wood, Sarah E. Delia, Stephanie H. Dallaire, McCarter & English, LLP, Wilmington, DE for appellants.
for defendant: Robert S. Saunders, Jenness E. Parker, Bonnie W. David, Lilianna Anh P. Townsend, Trevor T. Nielson, Skadden, Arps, Slate, Meagher & Flom LLP, Wilmington, DE; Eben P. Colby, Marley Ann Brumme, Skadden, Arps, Slate, Meagher & Flom LLP, Boston, MA for appellee.
Case Number: D69864

Board committee action approving omnibus agreement moving company's assets into a "NewCo" was invalid where company's charter required approval of one class of shareholders for "asset transfers."

TransPerfect Global, Inc. v. Pincus

Publication Date: 2022-06-28
Practice Area: Corporate Entities
Industry: Technology Media and Telecom
Court: Delaware Supreme Court
Judge: Justice Traynor
Attorneys: For plaintiff: Frank E. Noyes, II, Offit Kurman, P.A., Wilmington, DE; Adam K. Bult, Brownstein Hyatt Farber Schreck, LLP, Las Vegas, NV; Jeremy Eicher, Eicher Law LLC, Wilmington, DE; Alan M. Dershowitz, Cambridge, MA for appellants.
for defendant: Jennifer C. Voss, Cliff C. Gardner, Elisa M.C. Klein, Skadden, Arps, Slate, Meagher & Flom LLP, Wilmington, DE for appellee.
Case Number: D69868

Chancery court erred in holding company's majority shareholder and controller in contempt of violating an exclusive jurisdiction order where shareholder was not a party to the out-of-state action filed in contempt of the chancery court's order and where controlling stake did not itself make shareholder personally liable for the company's conduct.

Morris v. Spectra Energy Partners (DE) GP, LP

Publication Date: 2021-02-10
Practice Area: Mergers and Acquisitions
Industry: Energy | Investments and Investment Advisory
Court: Delaware Supreme Court
Judge: Justice Seitz
Attorneys: For plaintiff: Michael J. Barry, Rebecca A. Musarra, Grant & Eisenhoffer P.A., Wilmington, DE; Peter B. Andrews, Craig J. Springer, David M. Sborz, Andrews & Springer LLC, Wilmington, DE; Jeremy S. Friedman, Spencer Oster, David F.E. Tejtel, Friedman Oster & Tejtel PLLC, Bedford Hills, NY for plaintiff.
for defendant: Robert S. Saunders, Ronald N. Brown, III, Ryan M. Linsay, Skadden, Arps, Slate, Meagher & Flom LLP, Wilmington, DE; Noelle M. Reed, Daniel S. Mayerfeld, Skadden, Arps, Slate, Meagher & Flom LLP, Hou-ston, TX for defendant.
Case Number: D69293

The trial court erred in applying a litigation risk discount on a motion to dismiss for lack of standing.

Kahn v. M&F Worldwide Corp., DeFAX Case No. D66233 (Del. March 14, 2014) Holland, J. (39 pages).

Publication Date: 2014-04-02
Practice Area:
Industry:
Court: Delaware Supreme Court
Judge:
Attorneys: For plaintiff:
for defendant:
Case Number: D66233