DE Courts

Supreme Court affirms arbitration of bad-faith breach claims

The Delaware Supreme Court affirmed a lower court's decision compelling arbitration of bad-faith breach of contract claims related to a post-closing earn-out payment. The court found that the seller representative's claims fell within the scope of the arbitration provision in the merger agreement.

Jiang v. Haslet Park Homeowners Association - HOA Window Installation Dispute

The Delaware Court of Chancery issued a final report regarding a dispute between homeowner Kun Jiang and the Haslet Park Homeowners Association over unapproved window installations and HOA election challenges. The court ruled partially in favor of Jiang and partially in favor of the HOA, addressing fines and recoupment of legal fees.

Delaware Court of Chancery Opinion on Fitracks Order

The Delaware Court of Chancery issued an opinion resolving disputes regarding the terms of the Fitracks Order, which governs the payment of advancement and fees-on-fees in litigation. The court adopted the plaintiffs' proposed language for certain provisions and rejected defendants' proposals, clarifying the scope and application of the order.

Court Denies Further Production in Books and Records Action

The Delaware Court of Chancery denied a plaintiff's request for further production of books and records from GenScript Corporation. The court found that the plaintiff had not met the burden to prove a compelling need for records beyond those already provided under Delaware General Corporation Law Section 220.

Delaware Court of Chancery Opinion on Settlement Agreement Breach

The Delaware Court of Chancery issued an opinion resolving eight points of disagreement regarding the implementation of a partial summary judgment ruling. The case involves a dispute over a settlement agreement breach between Eller Associates Inc. and SRP Capital Advisors LLC, concerning investments in oil, gas, and mineral assets.

Court of Chancery Dismisses Crypto Case with Leave to Transfer

The Delaware Court of Chancery dismissed a $16 million crypto case brought by HASH Asset Management Ltd. against DMA Labs, Inc. and others. The court found that the claims supporting its jurisdiction were insufficiently pled and granted leave to transfer the case to the Superior Court.

Supreme Court affirms Chancery judgment in Fortiline v. McCall

The Delaware Supreme Court affirmed a judgment from the Court of Chancery in the case of Fortiline, Inc. and Patriot Supply Holdings, Inc. v. Hayne McCall et al. The Court's order stated that the judgment should be affirmed based on the reasoning provided in the Court of Chancery's memorandum opinion.

Delaware Supreme Court Affirms Court of Chancery Judgment

The Delaware Supreme Court affirmed a judgment from the Court of Chancery in the case of Irv Edwards, M.D., et al. v. Gigacquisitions2, LLC, et al. The decision upholds the lower court's ruling, with the Supreme Court finding the judgment should be affirmed based on the reasoning in the Court of Chancery's Memorandum Opinion.