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  • Mehra v. Teller

    Publication Date: 2021-02-17
    Practice Area: Corporate Entities
    Industry: Consumer Products
    Court: Court of Chancery
    Judge: Vice Chancellor McCormick
    Attorneys: For plaintiff: John L. Reed, Peter H. Kyle, Kelly L. Freund, DLA Piper LLP (US), Wilmington, DE; Patrick J. Smith, Brian T. Burns, Nicholas J. Karasimas, Smith Villazor LLP, New York, NY for plaintiffs.
    for defendant: Jon E. Abramczyk, D. McKinley Measley, Alexandra M. Cumings, Elizabeth A. Mullin, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE for defendants.
    Case Number: D69300

    Although one member of a limited liability company contrived circumstances leading to a deadlock, the facts established that the parties had an irreconcilable disagreement which warranted dissolution of the com-pany.

  • LPPAS Representative, LLC v. ATH Holding Co., LLC

    Publication Date: 2021-01-13
    Practice Area: Mergers and Acquisitions
    Industry: Health Care | Insurance
    Court: Court of Chancery
    Judge: Vice Chancellor McCormick
    Attorneys: For plaintiff: Matthew P. Denn, Kelly L. Freund, DLA Piper LLP, Wilmington, DE; A. Thompson Bayliss, E. Wade Houston, Abrams & Bayliss LLP, Wilmington, DE for plaintiffs.
    for defendant: Kevin M. Coen, Sara Toscano, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Glenn M. Kurtz, White & Case LLP, New York, NY for defendants.
    Case Number: D69256

    Indemnification claims could not "relate back" to earlier where parties' contract required claims to be submitted prior to automatic release of escrow funds, but ambiguity as to whether claim met contractual materiality standard precluded judgment on the pleadings or summary judgment.

  • Horton v. Organogenesis Inc.

    Publication Date: 2019-08-07
    Practice Area: Mergers and Acquisitions
    Industry: Health Care | Manufacturing
    Court: Court of Chancery
    Judge: Vice Chancellor McCormick
    Attorneys: For plaintiff: John L. Reed, Matthew Denn and Peter H. Kyle, DLA Piper LLP (US), Wilmington, DE for plaintiff.
    for defendant: Carl D. Neff and Kasey H. DeSantis, Fox Rothschild LLP, Wilmington, DE; Matthew C. Baltay, Foley Hoag LLP, Boston, MA for defendant.
    Case Number: D68657

    Defendant adequately stated a counterclaim for indemnification based on breaches of representations and warranties, but the court dismissed a counterclaim for indemnification based on losses which had not yet been incurred.