29 Dec, 2022 Superior Court Orders Earn-Out Payment under Ambiguous Merger Agreement after Defendant Withheld Documents in Discovery By Albert H. Manwaring IV K. Tyler O'Connell Bryan Townsend Fortis Advisors, LLC v. Dematic Corp., C.A. No. N18C-12-104 AML CCLD (Del. Super. Dec. 29, 2022) Defendant acquired the plaintiff's...
28 Dec, 2022 In New AmerisourceBergen Decision, Chancery Applies 'Separate Accrual' Laches Analysis for 'Caremark' Red-Flags Claims By K. Tyler O'Connell Delaware Business Court Insider In the latest Delaware corporate decision concerning AmerisourceBergen’s role in the nation’s opioid...
27 Dec, 2022 Court of Chancery Historical Society Honors John Noble By John W. Noble We are proud to announce that the Delaware Court of Chancery Historical Society honored Corporate Litigation Partner John Noble for his...
22 Dec, 2022 In Recent Facebook Decisions, Chancery Permits Demand-Futility Plaintiffs to Proceed Before Demand-Refused Plaintiff By Lewis H. Lazarus R. Eric Hacker K. Tyler O'Connell Feuer v. Zuckerberg, C.A. No. 2019-0324-JRS & In re Facebook, Inc. Deriv. Litig., Consol. C.A. 2018-0307 (Del. Ch. Oct. 5, 2021), rearg....
22 Dec, 2022 Superior Court Finds that Non-Recourse Provision Does Not Bar Fraud Claims Against Non-Seller Defendants By Samuel Bashman Albert J. Carroll Amerimark Interactive LLC v. Amerimark Holdings, C.A. No. N21C-12-175 MMJ CCLD (Del. Super. Nov. 3, 2022) This decision discusses and...
19 Dec, 2022 Delaware Supreme Court Overturns $700 Million Award in Master Limited Partnership Litigation By Albert J. Carroll Samuel Bashman Boardwalk Pipeline Partners L.P. v. Bandera Master Fund LP, C.A. No. 2018-0372 (Del. Dec. 19, 2022) Delaware Master Limited Partnerships...
08 Dec, 2022 Morris James Joins Delaware Today to Praise Women in Business By Morris James LLP Morris James' joins Delaware Today and Delaware Business Times in the praising of extraordinary "Women in Business." Amongst those...
05 Dec, 2022 Chancery Denies Member Status to Individual Not Admitted By Members in Accordance With LLC Agreement By Albert J. Carroll Samuel Bashman Riverside Risk Advisors LLC v. Chao, C.A. No. 2019-0789-KSJM (Del. Ch. Oct. 26, 2022) The LLC Act generally provides that someone is...
05 Dec, 2022 Chancery Applies Implied Consent to Service Provision of Delaware LLC Act to Individual Without Any Formal Role at the LLC By Albert J. Carroll Kirsten A. Zeberkiewicz In Re P3 Health Grp. Hldgs., LLC, Consol. C.A. No. 2021-0518-JTL (Del. Ch. Oct. 26, 2022) The implied consent provision of Section 18-109...
05 Dec, 2022 Chancery Finds Buzzfeed and Others Not Bound by Arbitration Provisions in Employment Agreements By Albert J. Carroll Kirsten A. Zeberkiewicz Buzzfeed v. Anderson, C.A. No. 2022-0357-MTZ (Del. Ch. Oct. 28, 2022) In 2021, Buzzfeed engaged in a SPAC transaction wherein its stock...
05 Dec, 2022 Chancery Grants Specific Performance For Release of Escrowed Funds By K. Tyler O'Connell Alena Smith Am. Healthcare Admin. Services Inc. v. Aizen, C.A. No. 2019-0793-JTL (Del. Ch. Nov. 18, 2022) Parties to acquisition agreements often...
05 Dec, 2022 Morris James Proudly Supports Delaware’s Children’s Beach House By Morris James LLP Morris James proudly supports the Children’s Beach House and its effort by sponsoring the 2022 Winter Wonder Holiday Masquerade. The...
02 Dec, 2022 Lewis Lazarus Shares Legal Experience with University of Delaware Entrepreneurship and Leadership Students By Lewis H. Lazarus Partner Lewis Lazarus will speak for the second consecutive year on December 5, 2022, from 5:00 PM – 6:15 PM to students in the...
30 Nov, 2022 Five Things To Do After a Slip and Fall 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 A slip and fall accident can happen anywhere, anytime. Many hazardous conditions can lead to dangerously slippery surfaces and a fall -...
28 Nov, 2022 Chancery Finds Asset Purchase Agreement Required Buyer to Indemnify Seller for Liability Under State Tobacco Settlement By Albert H. Manwaring IV Bryan Townsend K. Tyler O'Connell ITG Brands LLC v. Reynolds Am., Inc., C.A. No. 2017-0129-LWW (Del. Ch. Sept. 30, 2022) Plaintiff acquired four cigarette brands from the...
28 Nov, 2022 Chancery Rules That Delisted and Long-Dark Corporation Failed To Show Harm Warranting a Confidentiality Order By Albert H. Manwaring IV K. Tyler O'Connell Bryan Townsend Rivest v. Hauppauge Digital, Inc., C.A. No. 2019-0848-PWG (Del. Ch. Sept. 1, 2022) Plaintiff stockholder sought to inspect the books and...