23 Dec, 2021 Wrongful Death FAQs By Susan D. Ament Clayton E. Bunting Keith E. Donovan Wilson A. Gualpa Matthew R. Fogg Kevin G. Healy Ross C. Karsnitz Michael G. Owen +5 more... Show less What is a wrongful death lawsuit? When an individual causes the death of another due to their actions, whether through an intentional act...
22 Dec, 2021 Court of Chancery Holds That Scope of Director & Officer Indemnification Under D&O Policy Is Within Exclusive Jurisdiction Of The DE Superior Court By K. Tyler O'Connell Barnaby Grzaslewicz Ernesto Rodriguez et al. v. Great American Insurance Company, C.A. No. 2020-0387-JRS (Del. Ch. Oct. 20, 2021)The Court of Chancery’s...
21 Dec, 2021 Delaware Court of Chancery Upholds Incumbent Directors’ Decision not to Excuse Stockholders’ Non-Compliance with Advance Notice Bylaw By K. Tyler O'Connell Rosenbaum v. CytoDyn Inc., 2021 WL 4775410 (Del. Ch. Oct. 13, 2021)The Delaware Court of Chancery recently upheld incumbents’ decision...
21 Dec, 2021 Morris James Celebrates 90 Year Anniversary with Gratitude By Morris James LLP As we have reflected on the past 90 years, we have sought to identify 90 items for which we, as a firm, are grateful this holiday season....
21 Dec, 2021 Delaware Court of Chancery Dismisses Caremark Claim Arising From Marriott Cybersecurity Breach By K. Tyler O'Connell Fire Ret. Sys. of St. Louis v. Sorenson, et al., 2021 WL 4593777 (Del. Ch. Oct. 5, 2021). The Delaware Court of Chancery dismissed...
21 Dec, 2021 Chancery Resolves Contingent Claim Security Dispute Between Altaba and Verizon in Altaba’s Judicial Dissolution Proceedings By Albert J. Carroll Kirsten A. Zeberkiewicz In re Altaba, Inc., C.A. No. 2020-0413-JTL (Del. Ch. Oct. 8, 2021) Petitioner Altaba (formerly Yahoo!) implemented a statutory...
17 Dec, 2021 Chancery Denies Motion to Compel Director’s Privileged Communications Stored on Third-Party’s Email Server By Joseph C. Leonard Albert J. Carroll In Re Dell Technologies Inc Class V Stockholders Litigation, Consol. C.A. No. 2018-0816-JTL (Del. Ch. Sept. 17, 2021) (TRANSCRIPT) A...
16 Dec, 2021 Chancery Addresses Records Custodian Discovery Dispute By Joseph C. Leonard Albert J. Carroll Fortis Advisors LLC v. Johnson & Johnson, et al., C.A. No. 2021-0881-LWW (Del. Ch. Sept. 21, 2021) Initial productions may raise new...
16 Dec, 2021 Chancery Addresses Indemnification Rights Following CEO’s Partial Success On Underlying Claims, Including Success Based on Technicalities By Albert H. Manwaring IV Bryan Townsend Albert J. Carroll Evans v. Avande, Inc. , C. A. No. 2018-0454-LWW (Del. Ch. Sept. 23, 2021) The departure of a company’s CEO was contentious. After his...
16 Dec, 2021 Chancery Applies Recent Zuckerberg Decision and Holds That Demand Was Not Excused By Samuel Bashman K. Tyler O'Connell Genworth Fin., Inc. Consol. Deriv. Litig., C.A. No. 11901-VCS (Del. Ch. Sept. 29, 2021) In a demand futility analysis, Delaware courts...
16 Dec, 2021 Delaware Supreme Court Overrules Gentile, Resolving Tension in Legal Test To Determine Whether a Claim Is Direct or Derivative By Albert H. Manwaring IV Bryan Townsend Albert J. Carroll Brookfield Asset Mgmt., Inc. v. Rosson, No. 406, 2020 (Del. Sept. 20, 2021) Seeking to bring clarity to the issue of whether a claim is...
16 Dec, 2021 Chancery Finds Adversity Between Directors and Formation of Special Committee Shields Against Production of Company-Privileged Information By Joseph C. Leonard K. Tyler O'Connell In re: Howard Midstream Energy Partners, LLC, C.A. No. 2021-0487-LWW (Del. Ch. Sept. 22, 2021) Issues of corporate privilege among...
15 Dec, 2021 Court of Chancery Finds “Bird-Dogging” Entitles Plaintiff To Compensation Under Unjust Enrichment Theory By Barnaby Grzaslewicz K. Tyler O'Connell Delaware Business Court Insider While parties may discuss the terms of a business arrangement, absent definite agreement on all material...
09 Dec, 2021 Navigating Legal Needs Following an Automobile Accident By Susan D. Ament Clayton E. Bunting Keith E. Donovan Matthew R. Fogg Wilson A. Gualpa Kevin G. Healy Ross C. Karsnitz Michael G. Owen +5 more... Show less Unfortunately, a number of car accidents occur every day throughout the country. Whether it’s a fender bender on the highway caused by...
08 Dec, 2021 Court Dismisses Derivative Complaint Where Plaintiff Fails to Plead a Substantial Risk of Personal Liability by Directors Approving the Transaction By Lewis H. Lazarus Delaware Business Court Insider A plaintiff seeking to bring derivative claims on behalf of a Delaware corporation bears a heavy burden...
08 Dec, 2021 Chancery Declines to Award Damages Equivalent to Contractual Dissociation Remedy Under Partnership Agreement By Albert J. Carroll Kirsten A. Zeberkiewicz In re Cellular Telephone Partnership Litigation, Coordinated C.A. No. 6885-VCL (Del. Ch. Sept. 28, 2021) Plaintiffs held a minority...