Chancery Retains Jurisdiction Over Claims to Pierce Corporate Veil and...
In Winner Acceptance Corp. v. Return of Capital Corp., (Del. Ch., Dec. 23, 2008), read 44-page opinion here, the Chancery Court decided that it had equitable jurisdiction (where it raised the issue...
View ArticleChancery Court Drills Down and Dismisses Breach of Fiduciary Duty Claim in...
Addy v. Piedmonte, et al., Del. Ch., No. 3571-VCP (March 18, 2009), read opinion here. Kevin Brady, a highly respected Wilmington lawyer, prepared the following review of this case: In this Chancery...
View ArticleCOURT GRANTS SUMMARY JUDGMENT ON CLAIMS ARISING OUT OF FAMILY OWNED BUSINESS...
Stevanov v. O’Connor, No. 3820-VCP(Del. Ch., April 21, 2009), read opinion here. Kevin Brady, a highly respected Delaware litigator, provides us with the benefit of his summary of this Delaware...
View ArticleDelaware Supreme Court Bars Fraud Claims Based on Contract Provision
RAA Management, LLC v. Savage Sports Holdings, Inc., No. 577, 2011 (Del. May 18, 2012). Issue Addressed: Whether a disclaimer in a non-disclosure agreement barred claims for fraud by a potential buyer...
View ArticleCourt of Chancery Awards Lost Future Earnings as Damages to Hedge Fund...
Paron Capital Management LLC v. Crombie, C.A. No. 6380-VCP (Del. Ch. May 22, 2012). Issue Addressed: Whether the breach of fiduciary duty owed by a hedge fund manager to his partners entitles them to...
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Chancery Applies Italian, Dutch, English and Delaware Law in Summary Judgment...
In Vichi v. Koninklijke Philips Electronics N.V., C.A. No. 2578-VCP (Del. Ch. Nov. 28, 2012), the Delaware Court of Chancery issued a 65-page decision that applies Dutch, Italian, English and Delaware...
View ArticleChancery Allows Fraud and Breach of Contract Claims Against Seller of Stock
The following article first appeared in a recent edition of The Delaware Business Court Insider. A recent decision of the Delaware Court of Chancery in the case of Osram Sylvania, Inc. v. Townsend...
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