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Dylan Rose v. Berkeley Compute, Inc. - Advancement of Legal Fees

The Delaware Court of Chancery issued a Magistrate's Report and Recommendation regarding cross-motions for summary judgment in an advancement action. The court granted both motions in part and denied them in part concerning the plaintiff's entitlement to advancement of legal fees for defending a California lawsuit.

Delaware Court of Chancery Opinion on Damages and Covenants

The Delaware Court of Chancery issued a memorandum opinion in a founder-investor dispute, ruling largely in favor of the plaintiffs. The court awarded $4.304 million in damages against the defendants for breaching contractual obligations and reinstated original restrictive covenant terms. The ruling also addresses counterclaims and partial fee shifting.