27 Mar, 2024 Chancery Clarifies Controlling Stockholder Fiduciary Duties in Sears Litigation By Albert J. Carroll Bryan Townsend In re Sears Hometown and Outlet Stores, Inc. S’holder Litig., C.A. No. 2019-0798-JTL (Del. Ch. Jan. 24, 2024) Here, a special committee...
27 Mar, 2024 Chancery Dismisses Caremark Oversight Claims By R. Eric Hacker Aubrey Morin Albert J. Carroll In Re ProAssurance Corp. Stockholder Derivative Litig., Consol. C.A. No. 2022-0034-LWW (Del. Ch. Oct. 2, 2023) Claims against corporate...
27 Mar, 2024 Chancery Finds Amendment to LLC Agreement Invalid for Want of Manager’s Involvement By Albert J. Carroll Bryan Townsend DiDonato v. Campus Eye Management, LLC, C.A. No. 2023-0671-LWW (Del. Ch. Jan. 31, 2024) In governance disputes among LLC constituencies,...
27 Mar, 2024 Maritime Legal Perspectives on the Baltimore Bridge Collapse By Keith E. Donovan Matthew R. Fogg Wilson A. Gualpa Kevin G. Healy Ross C. Karsnitz Michael G. Owen +3 more... Show less Support and Information for Affected Workers' Families In a tragic incident that emphasizes the necessity of strict adherence to maritime...
27 Mar, 2024 FAQs: Legal Guidance for Families Affected by the Baltimore Bridge Collapse By Keith E. Donovan Matthew R. Fogg Wilson A. Gualpa Kevin G. Healy Ross C. Karsnitz Michael G. Owen +3 more... Show less In the wake of the tragic incident involving the collision of The Dali container ship with the Francis Scott Key Bridge in Baltimore,...
22 Mar, 2024 Chancery Decides Scope of Expert’s Authority in Valuation Dispute Resolution Mechanism By Lewis H. Lazarus Sarah Ennis Albert J. Carroll Paul v. Rockpoint Group LLC, C.A. 2018-0907-JTL (Del. Ch. Jan. 9, 2024) This dispute arose from a disagreement over the authority of an...
21 Mar, 2024 Chancery Orders LLC’s Dissolution as Sanction By Albert J. Carroll Barnaby Grzaslewicz Kaufman v. DNARx LLC, C.A. No. 2022-0968-KSJM; C.A. No. 2022-0982-KSJM (Del. Ch. Dec. 29, 2023) (ORDER) The Court of Chancery has broad...
20 Mar, 2024 Morris James Earns National Recognition as Top Workplace By Keith E. Donovan Sherry A. Leary CLM Jennifer R. Lucas-Ross Dawn V. Sheiker +1 more... Show less Morris James is proud to announce its recognition as one of the twelve law firms to be named by USA Today and Energage as a nationally...
20 Mar, 2024 Chancery Strikes Unclean Hands Defense Lacking Sufficient Nexus to the Claims By Samuel Bashman Albert J. Carroll Albert H. Manwaring IV Pilot Corp. v. Abel, C.A. No. 2023-0813-MTZ (Del. Ch. Dec. 13, 2023) Here, the plaintiff claimed that the adoption of pushdown accounting...
19 Mar, 2024 Chancery Declines to Shift Costs to Derivative Plaintiffs By Albert J. Carroll Sarah Ennis In re Oracle Corp. Deriv. Litig., C.A. No. 2017-0337-SG (Del. Ch. Dec. 28, 2023) By rule, the prevailing party in Court of Chancery...
19 Mar, 2024 Plaintiffs Adequately Pled Unjust Enrichment for Materially Deficient Disclosures By Albert H. Manwaring IV Samuel Bashman K. Tyler O'Connell Buttonwood Tree Value Partners, L.P. v. R.L. Polk & Co. Inc., C.A. No. 9250-VCG (Del. Ch. Dec. 29, 2023) To state a claim for unjust...
19 Mar, 2024 Negligence in Behavioral Health Facilities FAQs By Ryan T. Keating Joshua H. Meyeroff When dealing with the complexities of medical malpractice, particularly negligence in behavioral health facilities, it is essential to...
18 Mar, 2024 Chancery Dismisses Double-Derivative Claims for Failure To Plead Demand Futility By Lewis H. Lazarus Bryan Townsend Albert J. Carroll City of Hialeah Emps. Ret. Sys. v. Insight Venture Partners, C.A. No. 2022-0846-MTZ (Del. Ch. Dec. 28, 2023) A venture capital fund...
15 Mar, 2024 Wilmington Offices Consolidated | Effective March 15, 2024 By Susan D. Ament Clayton E. Bunting W. Christopher Componovo Keith E. Donovan Matthew R. Fogg Wilson A. Gualpa Kevin G. Healy Ross C. Karsnitz Michael G. Owen Justin K. Weeks +7 more... Show less Important Information On March 15, 2024, Morris James consolidated its Broom Street office with its 500 Delaware Ave office. The move was...
08 Mar, 2024 Morris James Supports Educational Enrichment in Cape Henlopen School District By Morris James LLP Morris James is thrilled to have sponsored the 2024 CHEF Winter Jam, a signature fundraising event held in March at the Rusty Rudder....
01 Mar, 2024 Delaware Supreme Court Denies MFW Protection Due to Committee’s Financial and Legal Advisors’ Undisclosed Ties with Controlling Stockholder By K. Tyler O'Connell ABA Business Law Today (BLT) Under Kahn v. M&F Worldwide Corp., 88 A.3d 635 (Del. 2014) (“MFW”) and its progeny, controlling stockholder...