DE Court of Chancery Opinions

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 Enters Judgment for Defendants

The Delaware Court of Chancery entered judgment for defendants in a post-trial opinion regarding claims of fraud and breach of an operating agreement. The court found that the plaintiffs failed to prove their theory that defendants intentionally misrepresented information about a company acquisition.

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.

Delaware Court of Chancery Dismisses Case for Lack of Jurisdiction

The Delaware Court of Chancery dismissed the case Opulence Pictures LLC et al. v. Hounds of War Malta Ltd et al. (C.A. No. 2023-0702-DG) for lack of subject matter jurisdiction. The court found that the plaintiffs' claims could be adequately remedied at law, and thus declined to exercise its equitable jurisdiction.

Delaware Court of Chancery Land Dispute Ruling

The Delaware Court of Chancery issued a final ruling in a land dispute case (C.A. No. 2023-0601-LM). The court granted plaintiffs' claim for adverse possession regarding a portion of the disputed land, while denying their other claims for prescriptive easement or easement by necessity.

Delaware Court of Chancery: Restrictive Covenants Unenforceable, Motion to Dismiss Granted

The Delaware Court of Chancery granted a motion to dismiss, finding restrictive covenants in sale and employment agreements unenforceable due to overbreadth. The court denied the plaintiff's request for a preliminary injunction, impacting the enforceability of post-employment restrictions for the defendants.

Lafferty v. Corient Partners - Arbitration Clause Dispute

The Delaware Court of Chancery ruled in Lafferty v. Corient Partners that the plaintiff is bound by an amended agreement, including its arbitration clause, due to his acceptance of equity awards and benefits. The court denied the plaintiff's request to enjoin arbitration.

Stercula v. Wengert, Heimbach, and Wilson - Forged Deed Case

The Delaware Court of Chancery ruled against Larry Stercula in his claim that a deed transferring property was forged. The court found that Stercula failed to prove the deed was forged and ruled in favor of the defendants, upholding the property transfer.

Van Horn v. Townsend Real Estate - Adverse Possession Case

The Delaware Court of Chancery issued an opinion in Van Horn v. Townsend Real Estate, ruling in favor of Michael Van Horn regarding a property dispute. The court found that Van Horn met the criteria for adverse possession, vesting title to the disputed land in him.

Delaware Court of Chancery rules against Edmondson in takeover dispute

The Delaware Court of Chancery ruled against Roy Mitchell Edmondson in a takeover dispute concerning Teliporter (US) Inc. The court found Edmondson's actions to validate his takeover were barred by equitable estoppel and unclean hands, voiding his stock issuance.