Law 360

FEBRUARY 14, 2024

A Delaware federal court dropped some allegations related to the breach of contract claims against GameStop in a $30 million fee dispute, saying the plaintiff, Boston Consulting Group, has not pled a viable claim in some instances despite having three chances to do so.

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Law 360

MARCH 29, 2022

A Delaware vice chancellor dismissed a breach of contract suit filed by health care company Centene Corp. against data storage company Accellion Inc., finding a forum selection clause in their license agreement required the case be heard in California.

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Law 360

DECEMBER 19, 2022

A video game developer asked a Delaware bankruptcy court Friday to force cryptocurrency exchange FTX Trading Ltd. to reject a tournament sponsorship contract with the debtor because of the damage its reputation has sustained in recent months.

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Patently O

MARCH 15, 2022

But, the two parties had a prior agreement to litigate patent disputes in Delaware courts (i.e., The Delaware court (Judge Stark) sided denied preliminary relief and instead sided with the patent challenger – finding (1) evidence of breach was lacking and (2) the real irreparable harm would come from barring the IPR.

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Law 360

OCTOBER 28, 2022

after the social media giant sued to enforce his take-private offer in Delaware's contract-focused Court of Chancery, experts said Friday. In the end, tech mogul and Tesla CEO Elon Musk had no way out of his $44 billion deal to buy Twitter Inc.

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Law 360

JULY 2, 2024

A Blue Cross Blue Shield Association healthcare data licensee has sued for a Delaware Court of Chancery injunction that would bar a client from sharing a valuable database of BCBS medical and pharmacy claims with direct competitor Cigna Corp.

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Mondaq

AUGUST 4, 2021

August 3, 2021) - The Delaware Court of Chancery recently explained under what circumstances dual claims will be allowed to proceed for both breach of fiduciary duty. Wilmington, Del.

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Patently O

FEBRUARY 22, 2023

That’s because current disclosure of litigation funding relies on a patchwork of state law, court rules, self-reporting, FOIA requests, leaks to journalists, and funding pitches. As such, the Federal District Court of Delaware has recently found itself at the center of this high-stakes debate about transparency and the purpose of the courts.

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FDA Law Blog

FEBRUARY 5, 2023

By Faraz Siddiqui — In the Spring of 2021, the Health Resources and Services Administration (HRSA) threatened six drug companies with billions of dollars in penalties for not providing 340B discounts to covered entities that sell drugs through vast networks of contract pharmacies (more background on earlier posts ). A lot is at stake here.

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Law 360

JANUARY 18, 2022

The Delaware Supreme Court recently ruled in AB Stabile v.

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Law 360

JANUARY 17, 2025

A beverage bottler's lawsuit seeking damages tied to sports-drink startup Prime Hydration's alleged failure to honor a production contract has come up empty in Delaware's Court of Chancery, with aThursdayrulingthatthe complaint never tapped into the court's equity jurisdiction.

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Law 360

JULY 7, 2023

in Delaware's Court of Chancery, alleging breach of contract and seeking damages and contract reformation. Interdealer municipal bond and securities brokerage Hartfield Titus & Donnelly LLC has sued MarketAxess Holdings Inc.

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Law 360

FEBRUARY 28, 2025

The Delaware Chancery Courts recent ruling in Salama v. Simon resolved statutory ambiguity in favor of boards seeking authorized share increases, and has important implications for litigators presenting extrinsic evidence in support of contract or statutory interpretation arguments, says Robin Wechkin at Sidley.

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Law 360

SEPTEMBER 24, 2024

Stockholders who sued Amazon founder Jeff Bezos and the company's board in Delaware's Court of Chancery for "blindly" approving a multibillion-dollar, Bezos-controlled launch contract for a new satellite-based internet service struggled for enough altitude Tuesday to clear defense dismissal challenges.

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Law 360

JANUARY 15, 2025

Gilead Sciences and the federal government have agreed to dismiss all claims and counterclaims in a yearslong intellectual property and contract battleover HIV prevention drugs Truvada and Descovy, according to stipulations of voluntary dismissal filed Wednesday in both the Federal Circuit and Delaware federal court.

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Law 360

DECEMBER 19, 2024

Jurors headed to a second day of deliberations late Thursday after nearly four days of trial in Delaware federal court on Softbank Group subsidiary Arm Ltd.'s breached a protective contract for microprocessor core technology licensing agreements. s claims that Qualcomm Inc. and Nuvia Inc.

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Law 360

AUGUST 29, 2024

Lannett Pharmaceuticals hit generic drugmaker Areva Pharmaceuticals with a contract suit in Delaware's Court of Chancery on Thursday, accusing Areva of breaching their 2022 agreement that gave Lannett exclusive rights to distribute Areva's injectable anticancer drug after Lannett emerged from a prepackaged Chapter 11 bankruptcy.

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Law 360

SEPTEMBER 6, 2024

The Delaware Chancery Court on Thursday awarded $130 million to former shareholders of biopharmaceutical company Syntimmune in their breach of contract fight against AstraZeneca PLC unit Alexion Pharmaceuticals Inc.,

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Law 360

JULY 17, 2024

public has sued for breach of contract in Delaware's Court of Chancery, alleging the company is refusing to issue more than 9.54 A Florida-based hedge fund that invested in a blank-check company that took battery company Solidion Technology Inc. million shares of stock that are due under pre-merger agreements.

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Mondaq

APRIL 25, 2022

When cryptocurrency is the consideration to be paid on a contract and the contract is breached, how should a court calculate damages? That was the issue confronted by Judge Wallace in a case.

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Law 360

MARCH 18, 2024

The owner of rights and trademarks of Singer sewing machine products has sued its North American distributor in Delaware's Court of Chancery, seeking a court declaration that it could end their contract because the distributor failed to meet minimum billing and royalties requirements.

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Law 360

NOVEMBER 13, 2023

faces a shareholder's breach of contract suit in Delaware's Court of Chancery alleging it failed to honor certain terms of its February deal to buy the meal replacement maker. The consumer packaged goods holding company that now owns Soylent Nutrition Inc.

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Chugh LLP

AUGUST 19, 2021

This legal binding contract lays out the ownership of their assets in case the marriage fails or otherwise ends. Most state courts recognize and enforce these agreements. Sometimes, marriage counseling may be court ordered prior to finalizing a divorce. The court will accept the agreement for the judge’s review.

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Law 360

SEPTEMBER 11, 2023

on Monday succeeded in its bid to pause a contract dispute with the buyer of one of its business units so that Delaware's Court of Chancery can decide whether Western Union's former in-house counsel, now the buyer's chief legal officer, can remain involved in the litigation. The Western Union Co.

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Law 360

MAY 19, 2023

Bitcoin miner Coindamental is asking a Delaware Chancery judge for quick action against data center Verecore LLC after Verecore allegedly refused to give up hundreds of costly mining computers in a contract dispute, missed set-up deadlines and failed to honor its hosting contract.

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The Crime Report

APRIL 26, 2022

Anthony Perkins in a still photo from Orson Well’s 1962 film version of “The Trial” In Franz Kafka’s sinister 1925 novel, The Trial, the hero finds himself the defendant in a court case where he is unaware of what law he has broken. No one else seems to know either but he is found guilty anyway. North Carolina Justice.

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Patently O

JANUARY 3, 2024

Court of Appeals for the Federal Circuit has begun 2023 with its first precedential patent decision in DexCom, Inc. In an opinion by Judge Stoll, the court affirmed a district court decision denying DexCom’s motion for a preliminary injunction. District Court for the District of Delaware. by Dennis Crouch The U.S.

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Patently O

MARCH 18, 2024

The Federal Circuit has issued an interesting nonprecedential order in In re VLSI Technology LLC , denying VLSI’s petition for a writ of mandamus that sought to reverse a district court order allowing Intel to amend its answer to assert a declaratory judgment counterclaim regarding a patent license defense. Intel Corp. , 4th 1332 (Fed.

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Law 360

MARCH 3, 2023

Delaware's increasingly swamped Court of Chancery has opened a yearlong test to hand off some breach of contract cases to Superior Court's complex commercial litigation judges or to vice chancellors "by designation" from the lower court, reserving Chancery bandwidth for more complex equity disputes.

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Law 360

JANUARY 29, 2024

In a ruling affirming Delaware's corporate law deference to valid partnership contracts, the state's Supreme Court on Monday reversed a Chancery Court decision that last year invalidated "forfeiture for competition" terms in Cantor Fitzgerald LP's limited partnership agreements, unwinding a win worth $12.5

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Law 360

FEBRUARY 1, 2023

military sued the company that acquired it in Delaware's Court of Chancery on Wednesday for allegedly keeping without justification $7 million meant to cover contract breaches and faults. Founders of a company that develops electronic warfare systems for the U.S.

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Law 360

APRIL 5, 2023

subsidiary lost its bid to enforce noncompete obligations on former business partner and contract drug manufacturer Arranta Bio after a Delaware Chancery Court vice chancellor ruled late Monday that Arranta did not sell itself to a competitor. A Thermo Fisher Scientific Inc.

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Law 360

MARCH 7, 2024

with a contract suit in Delaware Chancery Court accusing the Japanese semiconductor maker of failing to pay "earnout" milestones after it merged with the software company in December 2021. A representative for shareholders of an Israel-based software company have hit Renesas Electronics Corp.

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Law 360

APRIL 4, 2023

A New Jersey and Pennsylvania bistate commission handling a Delaware River bridge project went beyond its powers when it mandated that contractors make project labor agreements with specific unions in order to bid on the construction contract, a Garden State appeals court ruled Tuesday.

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Law 360

OCTOBER 17, 2023

A Connecticut real estate investment firm that sued Verizon for backing out on promises to develop a 70-acre parcel in Irving, Texas, had its entire case thrown out Tuesday after Delaware's Court of Chancery found none of the alleged promises were included in the parties' contracts.

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Law 360

JANUARY 31, 2023

III isn't taking no for an answer and has filed suit in Delaware Chancery Court against Sparks Energy Inc. after the restoration company backed out of a merger agreement it claims did not constitute a binding contract. Cayman Islands-based blank-check company 10X Capital Venture Acquisition Corp.

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Law 360

AUGUST 9, 2022

The Delaware Chancery Court carved out for an expedited trial on Tuesday a dispute over "no compete" terms in an agreement between two companies over supplies of molecules essential in genetic medicine and other biopharmaceutical uses, with a possible second trial later on contract termination and damage claims.

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