Mich II Holdings LLC v. Schron, C.A. No. 6840-VCP (Del. Ch. June 29, 2012).
This is a rather unremarkable but still notable decision applying the familiar first-filed rule under the McWane line of cases, which served as the basis to grant a motion to stay this case in favor of a first-filed New York case. The Court reasoned that:
“unlike some cases in which this Court has refused to stay a later-filed Delaware action, this is not a case raising novel or important issues of Delaware law (and, in particular, Delaware corporation law) arising under a special statutory grant of jurisdiction, such as 8 Del. C. § 225.”
Therefore, the Court granted the motion to stay because the New York Court was “capable of rendering prompt and potentially complete justice under McWane.”