05 Sep, 2024 Chancery Holds Plaintiff Fails to Meet Rule 23.1 Pleading Standard, Dismisses Action Arising From T-Mobile Data Hack By K. Tyler O'Connell Samuel Bashman Harper v. Sievert, C.A. No. 2022-0819-SG (Del. Ch. May 31, 2024). A stockholder plaintiff brought derivative claims alleging that current...
05 Sep, 2024 Court of Chancery Denies Post-Trial Motions Seeking to Enjoin Tesla Defendants By K. Tyler O'Connell Samuel Bashman Tornetta v. Musk, C.A. No. 2018-0408-KSJM (Del. Ch. May 28, 2024) Following the Court of Chancery’s post-trial opinion concerning Elon...
15 Aug, 2024 Chancery Determines Certain Suits Against Amazon Were Insufficient to Meet Credible Basis Standard to Inspect Corporate Books and Records By K. Tyler O'Connell Samuel Bashman Wong Leung Revocable Tr. v. Amazon.com Inc., C.A. No. 2023-1251-BWD (Del. Ch. May 1, 2024) In order to inspect books and records under...
15 Aug, 2024 Chancery Addresses Acquirer’s Request For Joint Tortfeasor Settlement Credit By K. Tyler O'Connell Samuel Bashman In re Columbia Pipeline Grp. Inc. Merger Litig., Consol. C.A. No. 2018-0484-JTL (Del. Ch. May 15, 2024) In this post-trial decision, the...
26 Jun, 2024 Court of Chancery Dismisses ABC Proceeding for Failure to Comply with Statute By K. Tyler O'Connell Samuel Bashman In re Windmil Therapeutics Inc., C.A. No. 2023-1294-PAF (Del. Ch. Mar. 13, 2024) This case dealt with the voluntary assignment for the...
28 May, 2024 Court of Chancery Dismisses Derivative Claims Under Rule 23.1 When Plaintiff Failed to Show that Board Members Faced a Substantial Risk of Liability By Samuel Bashman K. Tyler O'Connell Conte v. Greenberg, C.A. No. 2022-0633-MTZ (Del. Ch. Feb. 2, 2024) In examining whether a pre-suit demand upon the board of directors...
28 May, 2024 Chancery Denies Motion to Dismiss Challenge to Microsoft-Activision Merger By Samuel Bashman K. Tyler O'Connell AP-Fonden v. Activision Blizzard Inc., C.A. No. 2022-1001-KSJM (Del. Ch. Feb. 29, 2024) This case arose from a stockholder-plaintiff’s...
01 May, 2024 Chancery Denies Attorneys’ Fees for Appointment of New Directors Following Assertion of Derivative Claims By Samuel Bashman K. Tyler O'Connell In re Oracle Corp. Deriv. Litig., Consol. C.A. No. 2017-0337-SG (Del. Ch. Feb. 7, 2024) Under the mootness rule, a stockholder plaintiff...