30 Apr, 2021 Brya Keilson Weighs in on $1M Settlement in Purdue Chapter 11 Bankruptcy By Brya M. Keilson Law360 Brya Keilson, Counsel in the Bankruptcy & Creditors' Rights practice, was interviewed by Law360 to discuss the U.S. Trustee's...
29 Apr, 2021 Reneta L. Green-Streett Appointed First Black Woman to Kent County, Delaware Judiciary By Morris James LLP Morris James proudly announces that Reneta L. Green-Streett has been confirmed to serve as a Judge on the Superior Court of Delaware in...
29 Apr, 2021 Court of Chancery Permits Section 220 Inspection, Notwithstanding Attorneys’ Heavy Involvement in Crafting Demand By R. Eric Hacker Lewis H. Lazarus Delaware Business Court Insider Section 220 of the DGCL enables a stockholder to obtain limited corporate information if they can state a...
28 Apr, 2021 Court of Chancery Stays Action for Violation of Rule against Claim Splitting Pending Resolution of a Duplicative Federal Action By Albert H. Manwaring IV K. Tyler O'Connell Bryan Townsend Goureau v. Lemonis, C.A. No. 2020-0486-MTZ (Del. Ch. Mar. 30, 2021) Delaware follows the modern “transactional” view of claim splitting,...
27 Apr, 2021 Boating & Jet Ski Accident FAQs By Keith E. Donovan Matthew R. Fogg Ross C. Karsnitz Michael G. Owen +1 more... Show less If you have had a boating accident, you must first take care of the health and safety of the people involved. Read our "Boating and Jet...
26 Apr, 2021 Chancery Confirms the Challenges in Pleading Caremark and Non-Shareholder Action Disclosure Claims By Kirsten A. Zeberkiewicz Barnaby Grzaslewicz K. Tyler O'Connell Fisher v. Sanborn, C.A. No. 2019-0631-AGB (Del. Ch. Mar. 30, 2021) Under Court of Chancery Rule 23.1, a plaintiff attempting to bring a...
20 Apr, 2021 Chancery Dismisses Unripe Contribution Claim but Finds That Corporate Director and Officer Adequately Pled Right to Indemnification Following Merger By Kirsten A. Zeberkiewicz Barnaby Grzaslewicz K. Tyler O'Connell Wunderlich v. B. Riley Fin., Inc. et al., C.A. No: 2020-0453-PAF (Del. Ch. Mar. 24, 2021) Delaware corporations may provide...
20 Apr, 2021 Chancery Lacks Jurisdiction to Grant Injunction While Superior Court Appeal Is Pending By K. Tyler O'Connell Vama F.Z. Co. v. WS02, Inc., C.A. No. 2020-0141-JRS (Del. Ch. Mar. 29, 2021) This case illustrates that the Court of Chancery lacks...
19 Apr, 2021 Chancery Enjoins Prosecution of Fraudulent Inducement and Declaratory Judgment Claims Based on Exclusive Delaware Forum Provision By Lewis H. Lazarus R. Eric Hacker Albert J. Carroll SPay, Inc. v. Stack Media Inc. k/n/a JLC2011, Inc., et al., CA No. 2020-0540-JRS (Del. Ch. Mar. 23, 2021) To obtain a preliminary...
19 Apr, 2021 Chancery Denies Claim Arising Out of Controller’s Announced Intention to Oppose a Transaction Unfavorable to His Interests By Kirsten A. Zeberkiewicz Barnaby Grzaslewicz Albert J. Carroll RCS Creditor Trust v. Schorsch et al., C.A. No: 2017-0178-SG (Del. Ch. Mar. 18, 2021) Controlling shareholders of a Delaware corporation...
19 Apr, 2021 Superior Court Holds that a Partial Motion to Dismiss Tolls the Answering Deadline for Both Challenged and Unchallenged Claims By Albert J. Carroll Albert H. Manwaring IV Bryan Townsend Unbound Partners Ltd. P’ship v. Invoy Holdings Inc., C.A. No. N20C-09-302 PRW CCLD (Del. Super. Mar. 17, 2021) In the Delaware Superior...
15 Apr, 2021 Dog Bite FAQs By Susan D. Ament Clayton E. Bunting Keith E. Donovan Wilson A. Gualpa Kevin G. Healy Ross C. Karsnitz Michael G. Owen +4 more... Show less If you have been attacked by a dog and sustained injuries, there are immediate steps you should take. Read our "Dog Bite Frequently Asked...
14 Apr, 2021 Chancery Finds SEC’s Filing of an Enforcement Action Did Not Trigger Redemption Right By K. Tyler O'Connell Tetragon Fin. Grp. Ltd. v. Ripple Labs Inc., C.A. No. 2021-0007-MTZ (Del. Ch. Mar. 19, 2021) Plaintiff Tetragon Financial Group Limited...
14 Apr, 2021 Court of Chancery Harmonizes Operating Agreement Governance Provisions to Resolve LLC Control Dispute By Albert H. Manwaring IV K. Tyler O'Connell Bryan Townsend Pearl City Elevator, Inc. v. Gieseke, C.A. No. 2020-0419-JRS (Del. Ch. Mar. 23, 2021) Under Delaware law, limited liability company...
14 Apr, 2021 Morris James Sponsors American Heart Association’s Annual Heart and Stroke Ball By Sherry A. Leary CLM Morris James is proud to announce its sponsorship of the American Heart Association's Heart & Stroke Ball annual event. The Heart Ball...
13 Apr, 2021 Chancery Confirms that the Implied Covenant Imposes a “Good Faith” Component to an Agreement to Negotiate By K. Tyler O'Connell DG BF, LLC v. Ray, C.A. No. 2020-0459-MTZ (Del. Ch. Mar. 1, 2021) The Operating Agreement for an LLC involved in the cannabis industry...