Court of Chancery Denies Motion to Expedite Claim for Breach of Implied...
The Court of Chancery denied a motion to expedite an application to preliminarily enjoin the merger of the limited partnership in Lonergan v. EPE Holdings LLC, C.A. No. 5856-VCL (Del. Ch. Oct. 11,...
View ArticleCourt Dismisses Claims for Breach of Implied Covenant of Good Faith and Fair...
In Winshall v. Viacom Int’l., C. A. No. 6074-CS (Del. Ch., Nov. 10, 2011), read opinion here, the Delaware Court of Chancery granted a motion to dismiss a claim for breach of the implied covenant of...
View ArticleChancery Upholds Agreement that Waives All Fiduciary Duties and Presumes Good...
Gerber v. Enterprise Products Holdings, LLC, et al., C.A. No. 5989-VCN (Del. Ch., Jan. 6, 2012), read 44-page opinion here. Professor Larry Hamermesh provides scholarly insights on the case here. Issue...
View ArticleChancery Dismisses Breach of Implied Duty of Good Faith and Fair Dealing...
In Re K-Sea Transportation Partners LP Unitholders Litigation, C.A. No. 6301-VCP (Del. Ch. April 4, 2012). The prior Chancery decision in this case was highlighted on these pages here. Issues...
View ArticleChancery Reforms Scrivener’s Error; Imposes Attorneys’ Fees on Attorney/Party...
ASB Allegiance Real Estate Fund v. Scion Breckenridge Managing Member LLC, C.A. No. 5843-VCL (Del. Ch. May 16, 2012). Issue Addressed: Should a real estate joint venture agreement be reformed to...
View ArticleKey Corporate and Commercial Decisions in the 2nd and 3rd Quarters of 2012
Key corporate and commercial decisions that we have highlighted, with commentary, over the last few months (roughly the 2nd and 3rd quarters of 2012), are compiled at the hyperlinks below for the...
View ArticleChancery Addresses Right to Direct Claim for Dilution of Minority Shareholders
Carsanaro v. Bloodhound Technologies, Inc., C.A. No. 7301-VCP (Del. Ch. March 15, 2013). This 76-page Chancery decision addresses issues that include the following: (1) when a claim for dilution of...
View ArticleKey Corporate and Commercial Delaware Decisions for First Five Months of 2013
Among the key corporate and commercial Delaware decisions that we have highlighted on these pages during the first five months of 2013, the following decisions either clarified existing Delaware law or...
View ArticleSupreme Court Rejects Contractual Indemnification Claim
Winshall v. Viacom International, Inc., Del. Supr., No. 39, 2013 (Oct. 8, 2013). Issue Addressed: The Supreme Court affirmed a Chancery ruling that Viacom was not entitled to contractual...
View ArticleKey 2013 Delaware Corporate and Commercial Decisions
Top Ten 2013 Delaware Corporate and Commercial Decisions By: Francis G.X. Pileggi and Kevin F. Brady This is our ninth annual review of key Delaware corporate and commercial decisions. During 2013, we...
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