• Lebanon County Employees' Ret. Fund v. Collis

    Publication Date: 2023-04-04
    Practice Area: Corporate Governance
    Industry: Distribution and Wholesale | Investments and Investment Advisory | Pharmaceuticals
    Court: Court of Chancery
    Judge: Vice Chancellor Laster
    Attorneys: For plaintiff: Samuel L. Closic, Eric J. Juray, Robert B. Lackey, Prickett, Jones & Elliott, P.A., Wilmington, DE; Gregory V. Varallo, Bernstein Litowitz Berger & Grossmann LLP, Wilmington, DE; Lee D. Rudy, Eric L. Zagar, Kessler Topaz Meltzer & Check, LLP, Radnor, PA; Jeroen van Kwawegen, Eric J. Riedel, Bernstein Litowitz Berger & Grossmann LLP, New York, NY; Frank R. Schirripa, Daniel B. Rehns, Kurt Hunciker, Hillary Nappi, Hach Rose Schirripa & Cheverie LLP, New York, NY; Gregory Mark Nespole, Daniel Tepper, Levi & Korsinsky, LLP, New York, NY; Brian J. Robbins, Craig W. Smith, Robbins LLP, San Diego, CA for plaintiffs.
    for defendant: Stephen C. Norman, Jennifer C. Wasson, Tyler J. Leavengood, Potter Anderson & Corroon LLP, Wilmington, DE; Michael S. Doluisio, Carla Graff, Dechert LLP, Philadelphia, PA; Matthew L. Larrabee, Hayoung Park, Dechert LLP, New York, New York; Michael D. Blanchard, Amelia Pennington, Morgan, Lewis & Bockius LLP, Boston, MA for defendants.

    Case Number: 2021-1118-JTL

    Court denied relief from dismissal of action, after a state court found defendant directors and officers had not violated the law, where newly-filed DOJ complaint against the company remained unsubstantiated and did not contain allegations against defendants specifically.

  • Lebanon County Employees' Ret. Fund v. Collis

    Publication Date: 2023-01-03
    Practice Area: Corporate Entities
    Industry: Distribution and Wholesale | Investments and Investment Advisory | Pharmaceuticals
    Court: Court of Chancery
    Judge: Vice Chancellor Laster
    Attorneys: For plaintiff: Samuel L. Closic, Eric J. Juray, Robert B. Lackey, Prickett, Jones & Elliott, P.A., Wilmington, DE; Gregory V. Varallo, Bernstein Litowitz Berger & Grossmann LLP, Wilmington, DE; Lee D. Rudy, Eric L. Zagar, Kessler Topaz Meltzer & Check, LLP, Radnor, PA; Jeroen van Kwawegen, Eric J. Riedel, Bernstein Litowitz Berger & Grossmann LLP, New York, NY; Frank R. Schirripa, Daniel B. Rehns, Kurt Hunciker, Hillary Nappi, Hach Rose Schirripa & Cheverie LLP, New York, NY; Gregory Mark Nespole, Daniel Tepper, Levi & Korsinsky, LLP, New York, NY; Brian J. Robbins, Craig W. Smith, Robbins LLP, San Diego, CA for plaintiffs.
    for defendant: Stephen C. Norman, Jennifer C. Wasson, Tyler J. Leavengood, Potter Anderson & Corroon LLP, Wilmington, DE; Michael S. Doluisio, Carla Graff, Dechert LLP, Philadelphia, PA; Matthew L. Larrabee, Hayoung Park, Dechert LLP, New York, NY; Michael D. Blanchard, Amelia Pennington, Morgan, Lewis & Bockius LLP, Boston, MA for defendants.

    Case Number: 2021-1118-JTL

    The court granted a motion to dismiss breach of duty claims stockholder plaintiffs brought against pharmaceutical distributor defendant.

  • In The Matter of the Rehab. of Scottish RE (U.S.), Inc., LLC

    Publication Date: 2022-05-03
    Practice Area: Insurance Litigation
    Industry: Insurance | State and Local Government
    Court: Court of Chancery
    Judge: Vice Chancellor Laster
    Attorneys: For plaintiff: Peter B. Ladig, GianClaudio Finizio, Bayard, P.A., Wilmington, DE; Diane J. Bartels, Wilmington, DE; James J. Black, III, Jeffrey B. Miceli, Mark W. Drasnin, Black & Gerngross, P.C., Philadelphia, PA; Michael Busenkell, Gellert Scali Busenkell & Brown, LLC, Wilmington, DE for Scottish RE (U.S.), Inc.
    for defendant: Marisa R. DeFeo, Randall S. MacTough, Saul Ewing Arnstein & Lehr LLP, Wilmington, DE; Christopher Viceconte, Gibbons P.C., Wilmington, DE; Daniel Hargraves, Freeborn & Peters LLP, New York, NY; Randall S. MacTough, Zarwin Baum Devito Kaplan Schaer Toddy, PC, Wilmington, DE; Joseph B. Cicero, Gregory Stuhlman, Chipman Brown Cicero & Cole, LLP, Wilmington, DE; R. Stephen McNeill, D. Ryan Slaugh, Potter Anderson & Corroon LLP, Wilmington, DE; Willaim P. Bowden, Catherine A. Gaul, Ricardo Palacio, Ashby & Geddes, Wilmington, DE; John C. Phillips, Jr., Paul S. Seward, Phillips, Goldman, Mclaughlin & Hall, P.A., Wilmington, DE; Joseph C. Schoell, Faegre Drinker Biddle & Reath LLP, Wilmington, DE; Kathleen M. Miller, Smith, Katzenstein & Jenkins, LLP, Wilmington, DE; David A. Felice, Bailey & Glasser, LLP, Wilmington, DE; John G. Harris, Peter C. McGivney, Berger Harris LLP, Wilmington, DE, Garrett B. Moritz, Elizabeth M. Taylor, Ross Aronstam & Moritz LLP, Wilmington, DE; Matthew A. Clemente, R. Bradley Drake, John Grothaus, Sidley Austin LLP, Chicago, IL; Joelle E. Polesky, Stradley Ronon Stevens & Young, Wilmington, DE, Travis S. Hunter, Renee M. Mosley, Richards, Layton & Finger, P.A., Wilmington, DE; Jarret P. Hitchings, Duane Morris LLP, Wilmington, DE; Joseph Larkin, Skadden, Arps, Slate, Meagher & Flom LLP, Wilmington, DE; Barry M. Klayman, Simon Fraser, Cozen O’Connor, Wilmington, DE; Kevin J. Mangan, Nicholas T. Verna, Womble Bond Dickerson (US) LLP, Wilmington, DE; Jody Barillare, Morgan Lewis & Bockius LLP, Wilmington, DE; Peter H. Kyle, John L. Reed, DLA Piper LLP (US), Wilmington, DE, for shareholders and third-parties.

    Case Number: D69799

    In this case of first impression, the court found that the liquidation standard did not operate as a per se requirement for plan approval.

  • Buckeye Partners, L.P. v. GT USA Wilmington, LLC

    Publication Date: 2022-04-12
    Practice Area: Contractual Disputes
    Industry: Cargo and Shipping
    Court: Court of Chancery
    Judge: Vice Chancellor Laster
    Attorneys: For plaintiff: Jody C. Barillare, Amy M. Dudash, Morgan, Lewis & Bockius LLP, Wilmington, DE; Michael D. Blanchard, Morgan, Lewis & Bockius LLP, Hartford, CT; Julie S. Goldemberg, Morgan, Lewis & Bockius LLP, Philadelphia, PA; Leslie B. Spoltore, Obermayer Rebmann Maxwell & Hippel LLP, Wilmington, DE; Nicholas Poduslenko, Matthew S. Olesh, Obermayer Rebmann Maxwell & Hippel LLP, Philadelphia, PA for plaintiffs.
    for defendant: Brian E. Farnan, Michael J. Farnan, Farnan LLP, Wilmington, DE; Thomas J. Elliott, Frederick P. Santarelli, Jack P. Elliott, Colin J. O’Boyle, Elliott Greenleaf, P.C., Blue Bell, PA for defendant.

    Case Number: D69774

    The court held that plaintiff who leased a dock from defendant proved that it was not a stevedore because it was not involved in the physical handling of cargo within the terminal property.

  • BCIM Strategic Value Master Fund LP v. HFF, Inc.

    Publication Date: 2022-02-15
    Practice Area: Deals and Transactions
    Industry: Financial Services and Banking | Investments and Investment Advisory | Real Estate
    Court: Court of Chancery
    Judge: Vice Chancellor Laster
    Attorneys: For plaintiff: David J. Margules, Elizabeth A. Sloan, Jessica C. Watt, Ballard Spahr LLP, Wilmington, DE; Stephen Brauerman, Emily A. Letcher, Bayard PA, Wilmington, DE; William B. Igoe, Philadelphia, PA for petitioner.
    for defendant: William M. Lafferty, Ryan D. Stottmann, Sarah P. Kaboly, Morris, Nichols, Arsht & Tunnell LLP, Wilmington DE; Marc J. Sonnenfeld, Laura H. McNally, Morgan, Lewis & Bockius LLP, Philadelphia, PA for respondent.

    Case Number: D69710

    The court, in the appraisal action, determined the fair value of the respondent and gave heavy weight to the deal price.

  • Buckeye Partners, L.P. v. GT USA Wilmington, LLC

    Publication Date: 2020-06-03
    Practice Area: Contracts
    Industry: Cargo and Shipping | Transportation
    Court: Court of Chancery
    Judge: Vice Chancellor Laster
    Attorneys: For plaintiff: Jody C. Barillare and Amy M. Dudash, Morgan, Lewis & Bockius LLP, Wilmington, DE; Michael D. Blanchard, Morgan, Lewis & Bockius, LLP, Hartford, CT; Julie S. Goldemberg, Morgan, Lewis & Bockius LLP, Philadelphia, PA for plaintiffs.
    for defendant: Jonathan M. Stemerman, Elliott Greenleaf, P.C., Wilmington, DE; Thomas J. Elliott, Frederick P. Santarelli, Jack P. Elliott, and Colin J. O’Boyle, Elliott Greenleaf, P.C., Blue Bell, PA for defendant.

    Case Number: D69000

    Injunctive relief granted to preserve the status quo ante and prevent defendant from resorting to measures to force plaintiff to capitulate before a court could resolve the parties' dispute.

  • June 24, 2019 | Litigation Daily

    Daily Dicta: Quinn Team Bests Morgan Lewis in Delaware Fight over Worst (Non-Lawyer) Lateral Acquisition Ever

    If lawyers want to leave one firm for another, and their clients want to follow, well, that's life. Count yourselves lucky. Because wow, things are brutal in the insurance brokerage industry.

    1 minute read

  • February 6, 2015 | The Recorder

    Securities Lawyers Flocking to Delaware

    SAN FRANCISCO — Jaws dropped in 2011 when the Delaware Court of Chancery granted plaintiffs lawyers a record-breaking $300 million in fees for their work on a shareholder derivativ

    1 minute read

  • February 6, 2015 | The Recorder

    Securities Lawyers Flocking to Delaware

    Wilmington is the venue of choice for plaintiffs lawyers drawn by the prospect of fat fees, and defense lawyers who like its consistent and corporate-friendly legal climate.

    1 minute read

  • December 7, 2011 | Delaware Business Court Insider

    Court Says Release Agreement Bars Plaintiff's Fraud Suit

    The Delaware Chancery Court has prevented an investment management business from bringing fraud and breach of fiduciary duty causes of action against a joint venture partner because it had si

    1 minute read