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February 02, 2024 | Litigation Daily

Litigator of the Week Runners-Up and Shout Outs

Kaplan Hecker & Fink won a second verdict against former President Donald Trump for client E. Jean Carroll.
7 minute read
January 29, 2024 | Delaware Business Court Insider

Supreme Court: Pro-Contract Delaware Shouldn't Override Forfeiture for Competition Provisions

Justice Gary F. Traynor's opinion, which emphasizes Delaware's strong deference to contract freedoms, remanded the case of former Cantor Fitzgerald partners to the Court of Chancery.
4 minute read
January 29, 2024 | Delaware Law Weekly

Pro-Contract Delaware Shouldn't Override Forfeiture for Competition Provisions, Del. Supreme Court Says

Justice Gary F. Traynor's opinion, which emphasizes Delaware's strong deference to contract freedoms, remanded the case of former Cantor Fitzgerald partners to the Court of Chancery.
3 minute read
Icahn Partners LP v. deSouza
Publication Date: 2024-01-29
Practice Area: Mergers and Acquisitions
Industry: Biotechnology | Investments and Investment Advisory
Court: Court of Chancery
Judge: Vice Chancellor Fioravanti
Attorneys:
For plaintiff: C. Barr Flinn, M. Paige Valeski, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Peter J. Walsh, Jr., Michael A. Pittenger, Justin T. Hymes, Potter Anderson & Corroon LLP, Wilmington, DE for plaintiffs.
For defendant: A. Thompson Bayliss, Eric A. Veres, Michael T. Manuel, Abrams & Bayliss LLP, Wilmington, DE for defendants.
Case number: 2023-1045-PAF

Court struck pleadings based on confidential corporate information where information was supplied by director nominated by stockholder although the stockholder did not have a contractual right to designate the director and the director did not serve as the stockholder's fiduciary on the board.

January 23, 2024 | Pro Mid Market

Litigation, IP Headlined Big Law Poaching by Midsize Firms in 2023

Rate flexibility and client conflicts drove Big Law attorneys to smaller firms in 2023, leading to gains for Munsch Hardt Kopf & Harr in Texas, Stoel Rives in Oregon and Potter Anderson & Corroon in Delaware.
6 minute read
January 19, 2024 | Delaware Business Court Insider

Chancery Clarifies Company Directors' Rights to Privileged Company Information

Vice Chancellor Paul Fioravanti, Jr. concluded that plaintiffs wrongly included confidential and privileged information on life sciences company Illumina in their complaint against individual defendants related to the company, but "as a general rule, directors are entitled to privileged communications delivered to the corporation or the board."
5 minute read
Giffing v. Appoquinimink Sch. Dist.
Publication Date: 2024-01-01
Practice Area: Personal Injury
Industry: Education
Court: U.S. District Court of Delaware
Judge: District Judge Noreika
Attorneys:
For plaintiff: Raeann Warner, Collins, Price & Warner, Wilmington, DE for plaintiff.
For defendant: Michael P. Stafford, Jennifer M. Kinkus, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE for defendant.
Case number: 23-457 (MN)

Court dismissed state law claims against school district arising from teacher's alleged sexual assaults where plaintiff failed to rebut district's assertion that those state law claims predominated over the single federal law claim asserted against the teacher.

In re: Ursa Operating Co., LLC
Publication Date: 2023-12-18
Practice Area: Bankruptcy
Industry: Energy | Mining and Resources
Court: U.S. Court of Appeals for the Third Circuit
Judge: Judge Porter
Attorneys:
For plaintiff: George A. Barton, Barton and Burrows LLC, Mission, KS for appellants.
For defendant: Duston K. McFaul, Maegan Quejada, Sidley Austin LLP, Houston, TX; Robert S. Velevis, Sidley Austin LLP, Dallas, TX; Robert S. Brady, Edmon L. Morton, Kenneth J. Enos, Joseph M. Mulvihill, Young Conaway Stargatt & Taylor LLP. Wilmington, Delaware; Ana Alfonso, Willkie Farr & Gallagher LLP, New York, NY; John H. Knight, Amanda R. Steele, Richards Layton & Finger, Wilmington, DE for appellees.
Case number: 22-1729

Wrongfully retained mineral royalties were not part of a debtor's estate where applicable state law granted lessors a property interest proceeds, meaning debtor had no equitable interest in the funds.

December 11, 2023 | Delaware Law Weekly

Young Conaway Del. Partner Speaks at Columbia Law Event

Young Conaway Stargatt & Taylor Delaware corporate litigation and counseling partner Elena Norman spoke at the 2023 conference on mergers and acquisitions and corporate governance hosted by Columbia Law School on Dec. 8.
2 minute read
November 15, 2023 | Delaware Law Weekly

'A Dagger at the Heart'?: Lawyer Says Ex-Delaware Auditor Needs New Trial Because of Judge's Remark

The charges brought against McGuiness centered on her hiring her daughter and structuring payments to a contractor in a way that avoided financial oversight.
4 minute read

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