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  • In Re Straight Path Commc'ns Inc. Consolidated Stockholder Litig.

    Publication Date: 2018-07-11
    Practice Area: Corporate Governance | Mergers and Acquisitions
    Industry: Technology Media and Telecom
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Ned Weinberger and Thomas Curry, Labaton Sucharow LLP, Wilmington, DE; March Lebovitch, Edward Timlin, John Vielandi, and David MacIsaac, Bernstein Litowitz Berger & Grossman LLP, New York, NY; Vincent R. Cappucci and Joshua K. Porter, Entwistle & Cappucci LLP, New York, NY, attorneys for plaintiffs
    for defendant: Rudolf Koch, Kevin M. Gallagher, Sarah A. Clark, and Anthony M. Calvano, Richards, Layton & Finger, P.A., Wilmington, DE; William Ohlemeyer, Edward Normand, and Jason Cyrulnik, Boies Schiller Flexner LLP, Armonk, NY; Kevin G. Abrams, Michael A. Barlow, and April M. Kirby, Abrams & Bayliss, Wilmington, DE; Greg A. Danilow, Seth Goodchild, and Thomas G. James, Weil, Gotshal & Manges LLP, New York, NY, attorneys for defendants.
    Case Number: D68207

    Claim that controlling stockholder improperly used influence to acquire company asset in exchange for approving sale of the company was a direct claim that could be brought by stockholders since they would have received consideration for the asset but for the controller's conduct.

  • The Dow Chem. Co. v. Organik Kimya Holding A.S.

    Publication Date: 2018-06-06
    Practice Area: Commercial Law | Trade Secrets
    Industry: Chemicals and Materials
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Rodger D. Smith II, Ryan D. Stottmann, Charles K. Verhoeven, Raymond N. Nimrod and James E. Baker for plaintiffs
    for defendant: Kathleen Furey McDonough, John A. Sensing, Ryan C. Cicoski, J. Robert Robertson and Benjamin Holt for defendants.
    Case Number: D68171

    In this trade secret matter, plaintiff alleged sufficient facts to provide defendants with notice of its claims, and the court held it was premature to determine choice of law and preemption issues.

  • LVI Grp. Inv., LLC v. NCM Grp. Holdings, LLC

    Publication Date: 2018-04-18
    Practice Area: Business Torts | Civil Procedure | Mergers and Acquisitions
    Industry: Construction
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Rudolf Koch, Matthew W. Murphy, and Matthew D. Perri, Richards, Layton & Finger, P.A., Wilmington, DE; Steven C. Florsheim, Greg Shinall, Daniel A. Shmikler, Michael G. Dicker, and Trevor K. Scheetz, Sperling & Slater, P.C., Chicago, IL, attorneys for plaintiff
    for defendant: Richard D. Heins, Philip Trainer, Jr., and Hayley M. Lenahan, Ashby & Geddes, Wilmington, DE; Stephen Novack, Donald A. Tarkington, Andrew D. Campbell, Elizabeth C. Wolicki, and Yvette V. Mishev, Novack and Macey, LLP, Chicago, IL, attorneys for defendants.
    Case Number: D68112

    Fraud complaint against majority stakeholder of merged corporation, and the stakeholders principals, maintained where counterparty to merger pled that defendants intentionally directed falsification of merged corporations pre-merger financials.

  • The Dow Chem. Co. v. Organik Kimya Holding A.S.

    Publication Date: 2017-11-01
    Practice Area: Trade Secrets
    Industry: Chemicals and Materials
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Rodger D. Smith II and Ryan D. Stottmann, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Charles K. Verhoeven, Raymond N. Nimrod, and James E. Baker, Quinn Emanuel Urquhart & Sullivan, LLP, New York, NY, attorneys for plaintiffs
    for defendant: Kathleen Furey McDonough, John A. Sensing, and Ryan C. Cicoski, Potter Anderson & Corroon LLP, Wilmington, DE; J. Robert Robertson and Benjamin Holt, Hogan Lovells US LLP, Washington, DC, attorneys for defendants.
    Case Number: D67920

    Long arm personal jurisdiction over foreign entity proper where it was alleged that the entity incorporated a domestic entity as an integral part of a scheme to misappropriate and commercialize trade secrets.