28 Apr, 2022 Chancery Dismisses All Claims in Stockholder Challenge to Cash-Out Merger Transaction By Albert J. Carroll Kirsten A. Zeberkiewicz K. Tyler O'Connell Harcum v. Lovoi, C.A. No. 2020-0398-PAF (Del. Ch. Jan. 3, 2022) In Harcum, the Delaware Court of Chancery dismissed all claims brought in...
28 Apr, 2022 Chancery Curtails Discovery in Appraisal Action Instituted as a Substitute for Books and Records Demand By Lewis H. Lazarus R. Eric Hacker K. Tyler O'Connell Wei v. Zoox, Inc, C.A. No. 2020-1036-KSJM (Del. Ch. Jan. 31, 2022) Often, stockholders who suspect corporate wrongdoing in connection...
28 Apr, 2022 What are the Warning Signs of Nursing Home Abuse or Neglect? By Ryan T. Keating Joshua H. Meyeroff Nursing homes, skilled nursing facilities, rehabilitation centers, assisted living facilities, and in-home elder care services are used...
28 Apr, 2022 Chancery Stays Case so That Committee of Company May Decide Whether it Has Power to Interpret Alternate Dispute Resolution Provision of Agreement By Samuel Bashman Albert J. Carroll K. Tyler O'Connell Terrell v. Kiromic Biopharma, Inc., C. A. No. 2021-0248-MTZ (Del. Ch. Jan. 20, 2022) When an alternative dispute resolution (“ADR”)...
27 Apr, 2022 Language and Context Lead Chancery to Conclude That Irrevocable Proxy Does Not Bind Subsequent Transferee By R. Eric Hacker Lewis H. Lazarus Delaware Business Court Insider Under Section 212(b) of the Delaware General Corporation Law, a stockholder may exercise voting rights...
27 Apr, 2022 Brya Keilson Speaks at ABI's Annual Spring Conference By Brya M. Keilson Bankruptcy Partner Brya Keilson will participate in a panel discussion for the American Bankruptcy Institute's Spring Conference on...
26 Apr, 2022 Chancery Rejects Argument that Omitted Information Prevents Corwin Dismissal By R. Eric Hacker Lewis H. Lazarus K. Tyler O'Connell Galindo v. Stover, C.A. No. 2021-0031-SG (Del. Ch. Jan. 26, 2022) If a majority of fully informed, uncoerced, disinterested stockholders...
25 Apr, 2022 HIE Awareness Month By Ryan T. Keating Joshua H. Meyeroff April is HIE awareness month. For those who do not know, HIE (hypoxic ischemic encephalopathy) is a type of brain injury caused by...
22 Apr, 2022 Delaware Uniform Arbitration Act Did Not Permit the Court of Chancery to Confirm an Interim Partial Arbitration Award Because It Was Not Final By Albert H. Manwaring IV Bryan Townsend K. Tyler O'Connell Astrum Fund I GP, LP v. Maracci, C.A. No. 2020-0919-PAF (Del. Ch. Jan. 27, 2022) Maracci v. Astrum Fund I GP, LP, C.A. No. 2021-0073-PAF...
22 Apr, 2022 You Have Been Hurt in a Trucking Accident. What’s Next? Do You Need a Lawyer? 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 Trucking accidents can be catastrophic events. These accidents involve heavy vehicles that are typically hauling even heavier cargo...
22 Apr, 2022 Morris James Sponsors the St. Thomas More Society Annual Dinner By Nicholas J. Caggiano Jr. Morris James sponsored the St. Thomas More Society's Annual Dinner on April 24, 2022. Dinner was held at the Wilmington Country Club and...
21 Apr, 2022 Chancery Dismisses Action for Declaratory and Injunctive Relief for Lack of Subject Matter Jurisdiction By Albert H. Manwaring IV Bryan Townsend K. Tyler O'Connell Qlarant, Inc. v. IP Commercialization Labs, LLC, C.A. No. 2021-0574-MTZ (Del. Ch. Jan. 25, 2022)Pursuant to an asset purchase agreement,...
19 Apr, 2022 Chancery Rejects Challenge to Director’s Appointment and Dismisses Derivative Claims By R. Eric Hacker Lewis H. Lazarus K. Tyler O'Connell Simons v. Brookfield Asset Mgmt., Inc., C.A. No. 2020-0841-KSJM (Del. Ch. Jan. 21, 2022) If a derivative plaintiff does not make a...
19 Apr, 2022 Nick Caggiano Serves as President of The Saint Thomas More Society By Nicholas J. Caggiano Jr. Partner Nick Caggiano has been appointed as this year's President of The Saint Thomas More Society. Nick is a member of the Business...
18 Apr, 2022 After Entry of Default Judgment, Chancery Grants Leave to Amend Complaint to Add a New Claim for Reverse Veil-Piercing Against Two New Defendants By Albert H. Manwaring IV K. Tyler O'Connell Bryan Townsend P.C. Connection, Inc. v. Synygy Ltd., C.A. No. 2020-0869-JTL (Del. Ch. Jan. 10, 2022)After entry of a default judgment for liability, but...
18 Apr, 2022 CCLD Finds Claims for Pre-Litigation Breaches of Covenants Restricting Speech Exempt From the “Litigation Privilege” By K. Tyler O'Connell Barnaby Grzaslewicz Feenix Payment Sys. LLC v. Blum, C.A. No. 21-05-099 EMD CCLD (Del. Super. Jan. 25, 2021) Under Delaware law, the litigation privilege...