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Chancery Court Declines to Expand Gentile Doctrine

USA - June 3 2021 In Dr. Thomas Markusic et al. V. Michael Blum et al. Memorandum Opinion 200818, the Delaware Chancery Court (the “Court”) declined to extend the…

If a Contract Claim Walks and Talks like a Contract Claim, It is a Contract Claim

USA - May 5 2021 In Transdev on Demand, Inc. v. Blackstreet Investment Holdings, LLC, C.A. No. 2019-0912-SG (Del. Ch. 2020), the Delaware Court of Chancery granted in…

Terrina G. LaVallee

Chancery Court Sustains Derivative Action Alleging Caremark Claims

USA - May 4 2021 In Teamsters Local 443 Health Services & Insurance Plan, et al. V. John G. Chou, et al., C.A. No. 2019-0816-SG (Del. Ch. August 24, 2020), the…

Claire Suni

Music Industry Executive Lawsuit against Record Label Partially Dismissed

USA - April 1 2021 In Todd Moscowitz v. Theory Entertainment LLC (C.A. No. 2019-0780-MTZ), the Court of Chancery of the State of Delaware (the “Court”) narrowed the…

Marissa Leon

Interpretation of an LLC Agreement with Respect to the Appointment and Removal of Board Members Is Strictly Based on the Plain Language Contained in the Four Corners of the LLC Agreement

USA - March 27 2021 Where one fifty-percent owner of a single member LLC wished to remove the existing tiebreaker director, the Delaware Court of Chancery held that he…

Jennifer J. Yeung