Publication Date: 2025-02-04
Practice Area: Corporate Governance
Industry: Biotechnology | Consulting
Court: Delaware Supreme Court
Judge: Justice LeGrow
Attorneys: For plaintiff: Scott James Leonhardt, The Rosner Law Group LLC, Wilmington, DE; Alexander Klein, Donna Aldea, Barket Epstein Kearon Aldea & Loturco, LLP, Garden City, NY for appellant.
for defendant: Laurence V. Cronin, Kelly A. Green, Smith, Katzenstein & Jenkins LLP, Wilmington, DE; Robert S. Friedman, Joshua Schlenger, Katherine Anne Boy Skipsey, Sheppard, Mullin, Richter & Hampton LLP, New York, NY for appellee.
Case Number: 131, 2024
Chancery court erroneously dismissed complaint for specific performance of stock option agreements where there were multiple reasonable interpretations as to whether the parties' latest agreement included a waiver of options from prior agreements.
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