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Court of Chancery Explains Anti-Suit Injunctions

Village Green Holding LLC v. Holtzman, C.A. No. 2018-0631-TMR (Del. Ch. Oct. 5, 2018) - This decision provides an excellent summary on Delaware law concerning when the Court will enjoin litigation in another jurisdiction...more

Court Of Chancery Explains Scope Of Non-Compete Agreement

Lyons Insurance Agency Inc. v. Wilson, C.A. 2017-0092-SG (September 28, 2018) - This is a good decision for its explanation of when a non-compete agreement will be enforced when it does not have a geographical limit....more

Court Of Chancery Explains Limits On Duty To Know

Marchland v. Barnhill, C.A. 2017-0586-JRS (September 27, 2018) - When something bad occurs in a business, it now seems inevitable that the directors may be sued. The most popular form of suit now seems to be a securities...more

Court Of Chancery Refines Choice Of Law Analysis For Employment Agreements

Nuvasive Inc. v. Miles, C.A. 2017-0720-SG (September 28, 2018) - Delaware will enforce non-compete agreements against former employees, but generally California law bars such agreements. ...more

Court Of Chancery Rescinds LLC Agreement For Fraud In The Inducement

Trascent Management Consulting LLC v. Bouri, C.A. 10915-VCMR (September 10, 2018) - This is an interesting decision because it holds that an entity may bring a fraudulent inducement claim for statements made before it was...more

Court Of Chancery Admits Post-Signing Evidence

In re Appraisal of Jarden Corporation, C.A. 12456-VCS (September 7, 2018) - Appraisal cases often must deal with whether to admit evidence that deals with post-merger events....more

Court Of Chancery Explains Privilege Limits Involving Corporate Investigations

Akorn Inc. v. Fresemus Kabi A.G., C.A. 2018-0300-JTL (May 22, 2018) and Sandys v. Pincus, C.A. 9512-CB (July 2, 2018) - Corporate investigations present complicated issue surrounding what must later be produced in...more

Court Of Chancery Interprets Preferred Stock Rights

Cedarview Opportunities Master Fund L.P. v. Spanish Broadcasting System Inc. C.A. 2017-0785-AGB (August 27, 2018) - How to interpret the provisions of preferred stock is often a difficult task. Any preference must be...more

Court Of Chancery Interprets Contract Rights Under Commercially Rational Test

QC Holdings Inc. v. Allconnect Inc., C.A. 2017-0715-JTL (August 27, 2018) - This decision on a undisputed factual record interpreted a contractual right to put stock by rejecting one side’s argument as “commercially...more

Are Post-Merger Facts Ever Relevant?

Appraisal litigation is unique under Delaware law. In almost every instance you can think of, once an event provides a right to recover damages (such as a fire caused by negligence), what happens later is relevant to...more

Delaware Superior Court Narrows Jurisdiction In Mass Tort Litigation

In Re: TALC Product Liability Litigation, C.A. N17C-03-054 TAL (September 10, 2018) - This is an important decision that applies recent United States Supreme Court jurisdiction cases to a non-resident’s Delaware complaint....more

Delaware District Court Explains Tolling Based on Books and Records Inspection

Norman v. Elkin, C.A. No. 06-005-LPS (D. Del. Sept. 4, 2018) - Litigation seeking to inspect a corporation’s records under Section 220 of the DGCL might toll the statute of limitations for certain claims under the right...more

Court of Chancery Addresses Confidentiality in Appraisal Context and Use of Discovery to Identify New Claims

In re Appraisal of Columbia Pipeline Group, Inc., C.A. No. 12736-VCL (Del. Ch. Aug. 30, 2018) - It is common and accepted practice for parties in Court of Chancery litigation to enter into a stipulated order governing the...more

Court of Chancery Addresses Contractual Fiduciary Duties, Secondary Liability, and Banker Liability in the MLP Context

Mesirov v. Enbridge Energy Company, C.A. No. 11314-VCS (Del. Ch. Aug. 29, 2018) - This is the latest decision in a long-running saga in the master limited partnership (MLP) context involving Enbridge Energy....more

Delaware Superior Court Explains When Expert Opinion Is Admissible

The State of Delaware v. Card Complaint LLC, C.A. N13C-06-289 PRW CCLD (August 29, 2018)- This is an excellent summary of the law governing the admissibility of an expert opinion....more

Court of Chancery Enforces Redemption Rights and Addresses the Potential Effect of a Merger on Previously-Exercised Put Rights

QC Holdings Inc. v. Allconnect Inc., C.A. No. 2017-0715-JTL (Del. Ch. Aug. 28, 2018) - This decision is necessary reading for drafters of redemption rights. It involves the interpretation of a redemption rights agreement...more

Superior Court CCLD explains “Wrongful” Conduct in Tortious Interference Claim

KT4 Partners LLC v. Palantir Technologies Inc., C.A. No. 17C-12-212 EMD CCLD (August 22, 2018) - A claim for tortious interference with a contractual relationship must include an allegation that the conduct complained...more

Court of Chancery Addresses Discovery Obligations Regarding Text Messages

In re Appraisal of Kate Spade Company, C.A. No. 2017-0714-AGB (Del. Ch. June 21, 2018) - The duty to collect and produce non-privileged relevant information extends beyond email to text messages and other forms of...more

Court of Chancery Validates Cure of Defective Corporate Acts Affecting Herman Miller’s Acquisition of DWR

Charles Almond Trustee v. Glenhill Advisors LLC, C.A. No. 10477-CB (Del. Ch. Aug. 17, 2018)- Sections 204 and 205 of the DGCL permit corporations to cure and validate defective corporate acts under the right circumstances....more

Delaware Superior Court Explains Impact Of European Data Rules On Forum Motion

Ethica Corporate Finance S.r.L. v. Dana Incorporated, C.A. No. N17C-10-145 EMD CCLD (August 16, 2018) Under the Cryo-Maid decision, a forum non conveniens motion must consider the impact on a defendant forced to litigate...more

Court of Chancery Explains Need for Adequate Pre-Trial Expert Disclosures

Project Boat Holdings LLC v. Bass Pro Group LLC, C.A. No. 12606-VCS (Del. Ch. Aug. 10, 2018) - Court rules require pre-trial disclosures regarding testifying experts and the subjects they will opine on....more

Court of Chancery Reviews Post-Closing Payments

Fortis Advisors LLC v. Stora Enso AB, C.A. No. 12291-VCS (Del. Ch. Aug. 10, 2018) - Many merger agreements provide for additional payments after closing depending on the target’s performance....more

Court of Chancery Explains Investment Bankers’ Discovery Obligations

Cummimg v. Edens, C.A. No. 13007-VCS (Del. Ch. July 12, 2018) - This transcript ruling makes two important points about discovery obligations in the Court of Chancery....more

Court of Chancery Awards Fair Value to Forced-Out LLC Member

Domain Associates LLC v. Shah, C.A. No. 12921-VCL (Del. Ch. Aug. 13, 2018) - An LLC agreement may provide what payout a departing member receives for his or her interest. It also may provide that a member may be forced to...more

Delaware Superior Court Upholds Recovery Of Insurance Defense Costs

Catlin Specialty Insurance Company v. CBL & Associates Properties Inc., C.A. No. N16C-07-166 PRW CCLD (August 9, 2018) - This is an important decision because it upholds the right of an insurance company to recover defense...more

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