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  • Greenhouse v. Polychain Fund I LP

    Publication Date: 2019-06-12
    Practice Area: Corporate Entities
    Industry: Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Slights
    Attorneys: For plaintiff: Joseph H. Huston, Jr. and Stacey A. Scrivani, Stevens & Lee, P.C., Wilmington, DE; Todd C. Toral and AnnaMarie A. VanHoesen, Jenner & Block LLP, Los Angeles, CA for plaintiff.
    for defendant: Jeffrey M. Gorris and Christopher P. Quinn, Friedlander & Gorris, P.A., Wilmington, DE; J. Noah Hagey and Taylor Altman, Braunhagey & Borden LLP, New York, NY for defendants.
    Case Number: D68593

    A former limited partner no longer had standing to request books and records, because his interest in the company was fully redeemed at the time of the request.

  • Zalmanoff v. Hardy

    Publication Date: 2018-11-28
    Practice Area: Corporate Governance | Mergers and Acquisitions
    Industry: Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Slights
    Attorneys: For plaintiff: Ronald A. Brown, Jr., J. Clayton Athey and Samuel L. Closic of Prickett, Jones & Elliott, P.A., Wilming-ton, DE; Jeffrey S. Abraham of Abraham, Fruchter & Twersky, LLP, New York, NY for plaintiff
    for defendant: David J. Teklits and D. McKinley Measley of Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Howard S. Suskin, Elizabeth A. Edmondson, Lorenzo Di Silvio and Rémi J.D. Jaffré of Jenner & Block LLP, New York, NY for defendants.
    Case Number: D68372

    Corporate directors did not breach their fiduciary duty of disclosure when they provided stockholders with two documents which together contained all material information in connection with a stockholder vote.