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  • Pilot Air Freight, LLC v. Manna Freight Sys., Inc.

    Publication Date: 2020-10-07
    Practice Area: Mergers and Acquisitions
    Industry: Cargo and Shipping | Transportation
    Court: Court of Chancery
    Judge: Vice Chancellor Slights
    Attorneys: For plaintiff: Jody C. Barillare, Morgan, Lewis & Bockius LLP, Wilmington, DE; Troy S. Brown, Margot G. Bloom, Brian F. Morris, Morgan, Lewis & Bockius LLP, Philadelphia, PA for plaintiff.
    for defendant: Kurt M. Heyman, Melissa N. Donimirski, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE; Michael F. Cockson, Nathaniel J. Zulstra, Faegre Drinker Biddle & Reath LLP, Minneapolis, MN for defendants.
    Case Number: D69146

    Plaintiff failed to bring its claim for indemnification within the time period stated in the parties' contract, and it identified no gap to fill with respect to its good faith and fair dealing claim.

  • Hoeller v. Tempur Sealy Int'l, Inc.

    Publication Date: 2019-02-27
    Practice Area: Corporate Governance
    Industry: Consumer Products
    Court: Court of Chancery
    Judge: Vice Chancellor Slights
    Attorneys: For plaintiff: Thomas A. Uebler, McCollom D'Emilio Smith Uebler LLC, Wilmington, DE; Melinda A. Nicholson, Kahn Swick & Foti, LLC, New Orleans, LA; Roger Sachar, Newman Ferrara LLP, New York, NY for plaintiff.
    for defendant: Kenneth J. Nachbar and Sabrina Hendershot, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Jordan D. Hershman, Sarah Paige and Michael D. Blanchard, Morgan, Lewis & Bockius LLP, Boston, MA and Hartford, CT for defendant.
    Case Number: D68473

    Stockholder failed to establish a credible basis for demanding to inspect the company's books and records, because he made no showing of mismanagement or other wrongdoing.