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  • In re Cadira Group Holdings, LLC Litig.

    Publication Date: 2021-07-28
    Practice Area: Contracts
    Industry: Health Care | Insurance | Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Slights
    Attorneys: For plaintiff: John L. Reed, Matthew Denn, DLA Piper LLP (US), Wilmington, DE; Ardith Bronson, Maia Sevilla-Sharon, DLA Piper LLP (US), Miami, FL for plaintiff.
    for defendant: Raymond W. Cobb, Law Offices of Raymond W. Cobb, LLC (formerly with O’Hagan Meyer LLP), Wilmington, DE; Kevin F. Berry, O’Hagan Meyer LLP, Philadelphia, PA for defendants.
    Case Number: D69479

    Failure to disclose the existence of adverse litigation was sufficient to support a claim of fraudulent inducement of joint venture agreement.

  • Germaninvestments AG v. Allomet Corp.

    Publication Date: 2020-12-09
    Practice Area: Mergers and Acquisitions
    Industry: Investments and Investment Advisory | Manufacturing
    Court: Court of Chancery
    Judge: Vice Chancellor Slights
    Attorneys: For plaintiff: R. Craig Martin, Peter H. Kyle, Kelly L. Freund, DLA Piper LLP (US), Wilmington, DE for plaintiffs.
    for defendant: John P. DiTomo, Ryan D. Stottmann, Aubrey J. Morin, Morris, Nichols, Arsht, & Tunnell LLP, Wilmington, DE for defendants.
    Case Number: D69215

    Case dismissed where plaintiff had failed to join parties whose participation was indispensable because plaintiff's relief required adjudication of those parties' interests, and joinder of the parties to a Delaware action was not feasible.

  • Dolan v. Altice USA, Inc.

    Publication Date: 2019-07-10
    Practice Area: Mergers and Acquisitions
    Industry: Technology Media and Telecom
    Court: Court of Chancery
    Judge: Vice Chancellor Slights
    Attorneys: For plaintiff: John L. Reed, Matthew Denn, Peter H. Kyle, Robert M. Hoffman and James C. Bookhout, DLA Piper LLP, Wilmington, DE for plaintiffs.
    for defendant: Daniel A. Mason, Brenda W. Sullivan, Jay Cohen and Daniel H. Levi, Paul, Weiss, Rifkind, Wharton & Garrison LLP, Wil-mington, DE and New York, NY; Kevin G. Abrams and J. Peter Shindel, Jr., Abrams & Bayliss LLP, Wilmington, DE for de-fendants.
    Case Number: D68625

    The disputed terms of a merger agreement were ambiguous, and plaintiffs adequately stated their claim for promissory es-toppel.

  • In re Xura, Inc. Stockholder Litig.

    Publication Date: 2019-01-02
    Practice Area: Mergers and Acquisitions
    Industry: Investments and Investment Advisory | Technology Media and Telecom
    Court: Court of Chancery
    Judge: Vice Chancellor Slights
    Attorneys: For plaintiff: A. Thompson Bayliss and David A. Seal, Abrams & Bayliss LLP, Wilmington, DE for plaintiff.
    for defendant: Robert S. Saunders, Arthur R. Bookout, Matthew P. Majarian, and Haley S. Stern, Skadden, Arps, Slate, Meagher & Flom LLP, Wilmington DE; John L. Reed, Ethan H. Townsend, Peter H. Kyle, and Harrison S. Carpenter, DLA Piper LLP, Wilmington, DE for defendants.
    Case Number: D68407

    Objecting shareholder could maintain parallel appraisal and breach of fiduciary duty claims where breach claims were based on failure to disclose material facts and shareholder sought traditional remedies for breach of fiduciary duty, such as rescission or disgorgement, rather than a quasi-appraisal remedy.