• October 16, 2024 | Delaware Business Court Insider

    Morris Nichols Welcomes Three Judicial Law Clerks

    Morris Nichols Arsht & Tunnell announced the addition of three new attorneys to the firm following recent judicial clerkships: Reece Barker, Sean Meyer and Jake Rauchberg.

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  • Coster v. UIP Co. Inc.

    Publication Date: 2023-07-10
    Practice Area: Corporate Governance
    Industry: Real Estate
    Court: Delaware Supreme Court
    Judge: Justice Seitz
    Attorneys: For plaintiff: Max B. Walton, Kyle Evans Gay, Connolly Gallagher LLP, Newark, DE; Michael K. Ross, Serine Consolino, Aegis Law Group LLP, Washington, DC for appellant.
    for defendant: Deborah B. Baum, Pillsbury Winthrop Shaw Pittman LLP, Washington, DC; Stephen B. Brauerman, Elizabeth A. Powers, Bayard, P.A., Wilmington, DE for appellees.

    Case Number: 163, 2022

    Stock issuance that diluted interest of stockholder with one-half interest who had filed a custodian action to break board election deadlock was not inequitable where issuance was reasonably calculated to prevent default under company's key contracts and had the benefit of retaining a key employee, while stockholder was not coerced as she retained a swing vote.

  • 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.

  • Page v. Oath, Inc.

    Publication Date: 2022-02-01
    Practice Area: Communications and Media
    Industry: Consulting | Technology Media and Telecom
    Court: Delaware Supreme Court
    Judge: Justice Seitz
    Attorneys: For plaintiff: Sean J. Bellew, Bellew LLC, Wilmington, DE; Todd V. McMurtry, Hemmer DeFrank Wessels, PLLC, Ft. Mitchell, KY; K. Lawson Pedigo, Miller Keffer & Pedigo, PLLC, Dallas, TX for plaintiff below, appellant.
    for defendant: T. Brad Davey, Jonathan A. Choa, Potter Anderson & Corroon LLP, Wilmington, DE; Elbert Lin, David M. Parker, Hunton Andrews Kurth LLP, Richmond, VA; Jonathan D. Reichman, Jennifer L. Bloom, Hunton Andrews Kurth LLP, New York, NY, for defendant below, appellee.

    Case Number: D69696

    The court held that plaintiff was required to plead actual malice in his defamation suit against defendant who owned online news organizations and published articles concerning investigation into plaintiff's connection to Russian figures because the articles were substantially true.

  • AB Stable VIII LLC v. MAPS Hotels & Resorts One LLC

    Publication Date: 2021-12-21
    Practice Area: Mergers and Acquisitions
    Industry: Hospitality and Lodging
    Court: Delaware Supreme Court
    Judge: Justice Seitz
    Attorneys: For plaintiff: Raymond J. DiCamillo, Kevin M. Gallagher, Sarah A. Clark, John M. O’Toole, Richards, Layton & Finger, P.A., Wilmington, DE; Theodore N. Mirvis, William Savitt, Sarah K. Eddy, Ryan A. McLeod, Wachtell, Lipton, Rosen & Katz, New York, NY; Theodore B. Olson, Amir C. Tayrani, Gibson, Dunn & Crutcher LLP, Washington, D.C.; Adam H. Offenhartz, Marshall R. King, Gibson, Dunn & Crutcher LLP, New York, NY for appellant.
    for defendant: A. Thompson Bayliss, Michael A. Barlow, April M. Kirby, Stephen C. Childs, Abrams & Bayliss LLP, Wilmington, DE; Kathleen M. Sullivan, Michael B. Carlinsky, William B. Adams, Christopher D. Kercher, Rollo C. Baker IV, Todd G. Beattie, Jonathan E. Feder, Quinn Emanuel Urquhart & Sullivan, LLP, New York, NY; Kap-You Kim, Peter & Kim Attorneys at Law, Seoul, South Korea for appellees.

    Case Number: D69651

    Seller of hotel businesses breached ordinary course covenant by making material changes to operations in response to the COVID-19 pandemic, where the covenant did not contain a material adverse event exception and where seller failed to obtain buyer's consent to the changes.

  • Coster v. UIP Co., Inc.

    Publication Date: 2021-07-21
    Practice Area: Corporate Governance
    Industry: Investments and Investment Advisory
    Court: Delaware Supreme Court
    Judge: Justice Seitz
    Attorneys: For plaintiff: Max B. Walton, Kyle Evans Gay, Connolly Gallagher LLP, Wilmington, DE; Michael K. Ross, Thomas Shakow, Serine Consolino, Sean Roberts, Aegis Law Group LLP, Washington, DC for plaintiff.
    for defendant: Stephen B. Brauerman, Elizabeth A. Powers, Bayard, P.A., Wilmington, DE; Deborah B. Baum, Pillsbury Winthrop Shaw Pittman LLP, Washington, DC for defendants.

    Case Number: D69471

    Chancery court erred in ruling that stock sale to break shareholder deadlock and avoid shareholder's action for appointment of a custodian for the company was permissible if the stock was sold at a fair price, as the company and its board and other shareholder were obligated to demonstrate a compelling justification for conducting the sale.

  • State of Delaware, Dep't of Fin. v. AT&T Inc.

    Publication Date: 2021-06-16
    Practice Area: Administrative Law
    Industry: State and Local Government | Technology Media and Telecom
    Court: Delaware Supreme Court
    Judge: Justice Seitz
    Attorneys: For plaintiff: Melanie K. Sharp, Martin S. Lessner, Mary F. Dugan, Michael A. Laukaitis II, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE for plaintiff.
    for defendant: Brian M. Rostocki, Benjamin P. Chapple, Reed Smith LLP, Wilmington, DE; Sara A. Lima, Reed Smith LLP, Philadelphia, PA for defendant.

    Case Number: D69437

    Where defendant made a particularized showing regarding an improper purpose in connection with an agency's issuance of a governmental subpoena, the court was entitled to request further submissions before deciding the matter.

  • Delaware Dep't of Natural Res. & Envt'l Control v. McGinnis Auto & Mobile Home Salvage, LLC

    Publication Date: 2020-03-04
    Practice Area: Environmental Law
    Industry: Chemicals and Materials | State and Local Government
    Court: Delaware Supreme Court
    Judge: Justice Seitz
    Attorneys: For plaintiff: Ralph K. Durstein III, Department of Justice, Dover, DE for appellant.
    for defendant: John W. Paradee, Daniel F. McAllister, Stephen A. Spence, and Brian V. DeMott, Baird Mandalas Brockstedt, LLC, Dover, DE for appellee.

    Case Number: D68895

    Department of Natural Resources and Environmental Control's cease and desist powers could order a property owner to remove an environmentally-contaminating pile of waste, where the mere presence of the pile constituted an environmental violation and therefore removal of the pile would be required to cease and desist the violation.

  • KnighTek, LLC v. Jive Commc'ns, Inc.

    Publication Date: 2020-02-12
    Practice Area: Business Torts
    Industry: Technology Media and Telecom
    Court: Delaware Supreme Court
    Judge: Justice Seitz
    Attorneys: For plaintiff: Ryan P. Newell and Lauren P. DeLuca, Connolly Gallagher LLP, Wilmington, DE for plaintiff.
    for defendant: Rudolf Koch, Robert L. Burns and Nicole K. Pedi, Richards, Layton & Finger P.A., Wilmington, DE; William Trach, Latham & Watkins LLP, Boston, MA for defendant.

    Case Number: D68873

    Plaintiff alleged its fraud claims with sufficient particularity, and the allegations suggested that defendant's representations were made with knowledge of their falsity, rather than being mere opinion or puffery.

  • Richards v. Copes-Vulcan, Inc.

    Publication Date: 2019-08-07
    Practice Area: Toxic Torts
    Industry: Automotive | Chemicals and Materials
    Court: Delaware Supreme Court
    Judge: Justice Seitz
    Attorneys: For plaintiff: Adam Balick and Patrick J. Smith, Balick & Balick, LLC, Wilmington, DE; Bartholemew J. Dalton, Ipek K. Medord, Andrew C. Dalton and Michael C. Dalton, Dalton & Associates, P.A., Wilmington, DE for plaintiffs.
    for defendant: Jason A. Cincilla, Amaryah K. Bocchino, Ryan W. Browning and Tye C. Bell, Manning Gross + Massenburg LLP, Wilmington, DE for defendant The Goodyear Tire & Rubber Co. Paul A. Bradley and Antionette D. Hubbard, Maron Marvel Bradley An-derson & Tardy LLC, Wilmington, DE for defendant Copes-Vulcan, Inc. Christian J. Singewald and Rochelle L. Gumapac, White and Williams LLP, Wilmington, DE; Jessica L. Ellsworth, Hogan Lovells US LLP, Washington, DC for defendant Ford Motor Co.

    Case Number: D68659

    In this asbestos exposure case, the report of plaintiffs' expert relying solely on cumulative exposure was insufficient, because plaintiffs were required to show that exposure from each defendant's product was a substantial factor in causing injury.