Highlights & Analysis of Key Decisions from Delaware's Supreme Court & Court of Chancery
Sean Brennecke, a partner in the Delaware office of Lewis Brisbois Bisgaard & Smith, prepared this post.
In a limited post-trial opinion, Vice Chancellor Glasscock relied on the doctrine of promissory estoppel to hold that a person had an ownership in a Delaware LLC despite not being identified as an owner in an LLC’s formation…
SIGA Technologies, Inc. v. PharmAthene, Inc., Del. Supr., No. 314, 2012 (May 24, 2013). This Delaware Supreme Court decision was the subject of a BloombergBusinessweek article on Sunday, May 26. The Court of Chancery’s opinion was highlighted on these pages at this link. Also, several other prior Chancery decisions in this case were also…
Harmon v. Delaware Harness Racing Commission, Del. Supr., No. 676, 2011 (Feb. 15, 2013).
Although this Delaware Supreme Court decision addresses the limited issue of whether a promissory estoppel claim is allowable against a state agency in the employment context, it remains noteworthy generally for its explanation of the latest Delaware law on promissory…
Boulden v. Albiorix, Inc., C.A. No. 7051-VCN (Del. Ch. Jan. 31, 2013, revised Feb. 7, 2013).
Issue Addressed
This case addressed whether personal jurisdiction was appropriate by a court in Delaware on the various foreign residents involved.
Short Overview
The Court reviews the requirements for personal jurisdiction under Delaware’s long-arm statute, as well…
Envo, Inc. v. Walters, C.A. No. 4156-VCP (Del. Ch. July 18, 2012).
Issue Presented: Whether promissory estoppel was established to impose personal liability in connection with the poorly documented sale of a business when the acquiring entity was never properly formed.
Short Answer: Yes.
Brief Overview
This 38-page post-trial decision involved an…
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 Court decision, Vice Chancellor Parsons dismissed a claim for breach of fiduciary duty in a case with a complex fact pattern involving oil…
In Greetham v. Sogima L-A Manager, LLC, et al., 2008 Del. Ch. LEXIS (Nov. 3, 2008), read opinion here, the Delaware Chancery Court addressed three legal issues that are of substantial practical importance in many corporate and commercial litigation cases, and the court’s rulings are also useful tools for the toolbox of those who labor…