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  • In re: HomeFed Corp. Stockholder Litig.

    Publication Date: 2020-07-29
    Practice Area: Corporate Governance
    Industry: Investments and Investment Advisory | Real Estate
    Court: Court of Chancery
    Judge: Chancellor Bouchard
    Attorneys: For plaintiff: Peter B. Andrews, Craig J. Springer and David M. Sborz, Andrews & Springer LLC, Wilmington, DE; Jeremy S. Friedman and David F.E. Tejtel, Friedman Oster & Tejtel PLLC, Bedford Hills, NY; Ned Weinberger, John Vielandi and David MacIsaac, Labaton Sucharow LLP, Wilmington, DE and New York, NY; D. Seamus Kaskela, Kaskela Law LLC, Newtown Square, PA for plaintiffs.
    for defendant: S. Mark Hurd and Alexandra M. Cumings, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; John P. Stigi III and Kristin P. Housh, Sheppard, Mullin, Richter & Hampton LLP, Los Angeles, CA and San Diego, CA for defendants Bienvenue and Borden. Bradley R. Aronstam and S. Michael Sirkin, Ross Aronstam & Moritz LLP, Wilmington, DE; Joseph S. Allerhand, Evert J. Christensen Jr. and Elizabeth M. Sytsma, Weil, Gotshal & Manges LLP, New York, NY for defendants Friedman, Hallac, Steinberg and Jeffries Fin. Group Inc.
    Case Number: D69065

    Plaintiffs' complaint adequately stated a claim for breach of fiduciary duty in connection with this minority squeeze-out transaction. Motions to dismiss denied.

  • Gulf LNG Energy, LLC v. Eni USA Gas Mktg. LLC

    Publication Date: 2020-01-15
    Practice Area: Contracts | Damages
    Industry: Energy
    Court: Court of Chancery
    Judge: Chancellor Bouchard
    Attorneys: For plaintiff: Bradley R. Aronstam, S. Michael Sirkin, and R. Garrett Rice, Ross Aronstam & Moritz LLP, Wilmington, DE; Joseph S. Allerhand, Seth Goodchild, and Tania C. Matsuoka, Weil, Gotshal & Manges LLP, New York, NY; Mark W. Friedman, William H. Taft V, Carl Micarelli, and Lisa Wang Lachowicz, Debevoise & Plimpton LLP, New York, NY for plaintiffs.
    for defendant: Joseph B. Cicero and Gregory E. Stuhlman, Chipman Brown Cicero & Cole, LLP, Wilmington, DE; Joseph J. LoBue and Helene Gogadze, Sheppard, Mullin, Richter & Hampton LLP, Washington, DC for defendant.
    Case Number: D68838

    Second arbitration enjoined to the extent it constituted collateral attack on damages award from prior arbitration between the parties, but plaintiff's claim pled but not decided in first arbitration could proceed to a determination on arbitrability.

  • Schnatter v. Papa John's Int'l, Inc.

    Publication Date: 2019-01-30
    Practice Area: Corporate Governance
    Industry: Food and Beverage
    Court: Court of Chancery
    Judge: Chancellor Bouchard
    Attorneys: For plaintiff: Peter B. Ladig, Brett M. McCartney and Elizabeth A. Powers, Bayard, P.A. Wilmington, DE; Garland A. Kelley, Glaser Weil LLP, Los Angeles, CA for plaintiff.
    for defendant: Blake Rohrbacher, Robert L. Burns, Brian F. Morris and Kevin M. Regan, Richards, Layton & Finger, P.A., Wilmington, DE for defendant.
    Case Number: D68444

    A company failed to demonstrate that a director's request for records was made for an improper purpose, so the court required the company to provide relevant documents, including emails and text messages.