In Re: Mobilactive Media, LLC, Consol. C.A. No. 5725-VCP (Del. Ch., Jan. 25, 2013). What this Case is About: This decision addresses claims between two members of a joint venture based on both breach of contract and breach of fiduciary duty. Both claims were allowed to proceed and both claims prevailed as non-duplicative.
unclean hands
Chancery Court Upholds Forum Selection and Choice of Law Clauses; Rejects Promissory Estoppel Claim; and Finds Absence of Essential Elements of Contract
By Francis Pileggi on
Posted in Court of Chancery Updates
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…
Supreme Court Upholds Limitations on Relief Due to Unclean Hands
By Francis Pileggi on
Posted in Delaware Supreme Court Updates
In Reserves Development LLC v. Severn Savings Bank, FSB, (Del. Supr., Oct. 21, 2008), read opinion here, the Delaware Supreme Court upheld a decision of the Chancery Court to grant only partial interim injunctive relief to a joint venture partner in a real estate development "gone bad" . The parsimonious provision of equitable relief…