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  • Deutsche Bank AG v. Devon Park Bioventures, L.P.

    Publication Date: 2025-02-11
    Practice Area: Damages
    Industry: Financial Services and Banking | Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Stephen C. Norman, Aaron R. Sims, Potter Anderson & Corroon LLP, Wilmington, DE; David G. Januszewski, Sheila C. Ramesh, Sesi V. Garimella, Cahill Gordon & Reindel LLP, New York, NY for plaintiff.
    for defendant: James M. Yoch, Jr., Kevin P. Rickert, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Kevin C. Maclay, Todd E. Phillips, Quincy M. Crawford, Nathaniel R. Miller, Caplin & Drysdale, Chartered, Washington, DC; William M. Kelleher, Phillip A. Giordano, Gordon, Fournaris & Mammarella, P.A., Wilmington, DE; K. Tyler O’Connell, Albert J. Carroll, R. Eric Hacker, Samuel E. Bashman, Morris James LLP, Wilmington, DE for defendants.
    Case Number: 2017-0822-SG

    Court dismissed civil conspiracy claim against limited partnership arising from limited partner's alleged fraudulent transfer of its partnership interest where plaintiff failed to plead sufficient facts to support an inference that the partnership knowingly participated in the limited partner's tortious efforts to frustrate satisfaction of plaintiff's judgment.

  • Malkani v. Cunningham

    Publication Date: 2024-03-11
    Practice Area: Securities Litigation
    Industry: Health Care | Investments and Investment Advisory | Technology Media and Telecom
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Philip Trainer, Jr., Marie M. Degnan, Randall J. Teti, Ashby & Geddes, Wilmington, DE; Marcos D. Jimenez, Marcos D. Jimenez, P.A., Miami, FL for plaintiffs.
    for defendant: Ryan P. Newell, Lakshmi A. Muthu, Tara C. Pakrouh, Michael A. Carbonara, Jr., Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Michael C. Heyden, Jr., Joseph E. Brenner, Gordon Rees Scully Mansukhani, LLP, Wilmington, DE for defendants.
    Case Number: 2020-1004-SG

    Although defendant prevailed on some claims asserted by plaintiff, plaintiff was the prevailing party in the overall litigation as the central issue in the case was the validity and enforceability of the parties' contracts, and thus plaintiff was entitled to legal fees and costs under the contractual fee-shifting provisions.

  • Deutsche Bank AG v. Devon Park Bioventures, L.P.

    Publication Date: 2023-11-13
    Practice Area: Damages
    Industry: Financial Services and Banking | Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Stephen C. Norman, Aaron R. Sims, Potter Anderson & Corroon LLP, Wilmington, DE; David G. Januszewski, Sheila C. Ramesh, Cahill Gordon & Reindel LLP, New York, NY for plaintiff.
    for defendant: Edwin J. Harron, James M. Yoch, Jr., Kevin P. Rickert, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Kevin C. Maclay, Todd E. Phillips, Quincy M. Crawford, Nathaniel R. Miller, Caplin & Drysdale, Chartered, Washington, D.C.; William M. Kelleher, Neil R. Lapinski, Phillip A. Giordano, Gordon, Fournaris & Mammarella, P.A., Wilmington, DE; Ira S. Zaroff, Richard M. Zaroff, Zaroff & Zaroff LLP, Garden City, NY; P. Clarkson Collins, Jr., K. Tyler O’Connell, Albert J. Carroll, R. Eric Hacker, Morris James LLP, Wilmington, DE for defendants.
    Case Number: 2017-0822-SG

    Court dismissed in rem action over limited partnership interest where hearing the action would require the court to hale in defendants it lacked personal jurisdiction over and the proceedings were an attempt to circumvent the dismissal of plaintiff's fraudulent transfer claim against defendants for lack of jurisdiction.

  • Malkani v. Cunningham

    Publication Date: 2023-02-21
    Practice Area: Corporate Entities
    Industry: Health Care | Investments and Investment Advisory | Technology Media and Telecom
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Philip Trainer, Jr., Marie M. Degnan, Randall J. Teti, Ashby & Geddes, Wilmington, DE; Marcos D. Jimenez, Marcos D. Jimenez, P.A., Miami, FL for plaintiffs.
    for defendant: Ryan P. Newell, Lakshmi A. Muthu, Tara C. Pakrouh, Michael A. Carbonara, Jr., Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Michael C. Heyden, Jr., Joseph E. Brenner, Gordon Rees Scully Mansukhani, LLP, Wilmington, DE for defendants.
    Case Number: 2020-1004-SG

    Parties had reached valid and enforceable contract where plaintiff met his performance obligation under the contract and his request for ancillary documents was not material to the parties' agreement as plaintiff continued to perform.

  • Malkani v. Cunningham

    Publication Date: 2023-02-14
    Practice Area: Contracts
    Industry: Investments and Investment Advisory | Technology Media and Telecom
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Philip Trainer, Jr., Marie M. Degnan, Randall J. Teti, Ashby & Geddes, Wilmington, DE; Marcos D. Jimenez, Marcos D. Jimenez, P.A., Miami, FL for plaintiffs.
    for defendant: Ryan P. Newell, Lakshmi A. Muthu, Tara C. Pakrouh, Michael A. Carbonara, Jr., Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Michael C. Heyden, Jr., Joseph E. Brenner, Gordon Rees Scully Mansukhani, LLP, Wilmington, DE for defendants.
    Case Number: 2020-1004-SG

    Parties' written investment contract was valid and enforceable where investor did not expressly reject the contract and the parties' subsequent actions demonstrated their intent to be bound to the contract and their belief that the contract contained all material terms of their deal.

  • Deutsche Bank AG v. Devon Park Bioventures, L.P.

    Publication Date: 2021-07-14
    Practice Area: Corporate Entities
    Industry: Financial Services and Banking | Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Stephen C. Norman, Aaron R. Sims, Potter Anderson & Corroon LLP, Wilmington, DE; David G. Januszewski, Sheila C. Ramesh, Cahill Gordon & Reindel LLP, New York, NY for plaintiff.
    for defendant: James M. Yoch, Jr., Kevin P. Rickert, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Kevin C. Maclay, Todd E. Phillips, Quincy M. Crawford, Nathaniel R. Miller, Caplin & Drysdale, Chartered, Washington, DC; William M. Kelleher, Phillip A. Giordano, Gordon Fournaris & Mammarella, P.A., Wilmington, DE; Ira S. Zaroff, Richard M. Zaroff, Zaroff & Zaroff LLP, Garden City, NY; P. Clarkson Collins, Jr., K. Tyler O’Connell, Albert J. Carroll, R. Eric Hacker, Damon B. Ferrara, Morris James LLP, Wilmington, DE for defendants.
    Case Number: D69464

    Transfer of an ownership interest in a Delaware entity by itself was insufficient to constitute sufficient minimum contacts to support the exercise of long-arm jurisdiction over the foreign transferor and transferee.

  • In the Matter of H.M. Mosher Trust

    Publication Date: 2018-11-14
    Practice Area: Trusts and Estates
    Industry:
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Peter S. Gordon and William M. Kelleher of Gordon Fournaris & Mammarella, P.A., Wilmington, DE; Alan T. Yoshitake and Patricia N. Chock of Seyfarth Shaw LLP, Los Angeles, CA for petitioners.
    for defendant: Jon E. Abramczyk, Todd A. Flubacher and Matthew R. Clark of Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Robert N. Sacks and Matthew W. McMurtrey of Sacks, Glazier, Franklin & Lodise LLP, Los Angeles, CA for respondent.
    Case Number: D68354

    Based on the plain language of a trust, the settlor intended to provide for a per stirpes distribution.

  • City Trading Fund v. Nye

    Publication Date: 2018-02-27
    Practice Area: Class Actions | Corporate Governance | Mergers and Acquisitions
    Industry: Manufacturing
    Court: Supreme Court, New York County
    Judge: Justice Shirley Werner Kornreich
    Attorneys: For plaintiff:
    for defendant:
    Case Number: 651668/2014

    Disclosure-Only Settlement Denied; New Disclosures Were Immaterial to Shareholders