LexisNexis® Legal Newsroom
Chancery Defers to First-Filed Federal Complaint on Patent Issues

Huawei Technologies Co. Ltd., v. Interdigital Technology Corporation , C.A. No. 6974-CS (Del. Ch. June 11, 2012)(Transcript ruling). Issues Presented : (1) whether a motion to expedite should be granted, and (2) whether a motion to dismiss or stay should be granted based on the McWane first-filed doctrine...

Chancery Dismisses Summary Dissolution Case in Favor of Two Foreign Suits

McElroy v. Schornstein, C.A. No. 7233-CS (Del. Ch. June 20, 2012). Issue Addressed : Whether summary proceedings for dissolution under 8 Del. C . § 273 should be permitted to proceed as an exception to the first-filed rule under the McWane doctrine, in light of related actions outside of Delaware...

Chancery Awards $3.2 million in Attorneys' Fees in Contract Dispute

ASB Allegiance Real Estate Fund v. Scion Breckenridge Managing Member LLC , C.A. No. 5843-VCL (Del. Ch. July 9, 2012). In this opinion the Court of Chancery awarded attorneys' fees, based on a fee-shifting provision of the LLC agreement, of more than $3.2 million. The recent Chancery decision on...

Chancery Applies DGCL Section 144 to LLCs by Analogy

Feeley v. NHAOCG, LLC , C.A. No. 7304-VCL (Del. Ch. Oct. 12, 2012) [ enhanced version available to Lexis.com subscribers ]. What this case is about: This Delaware Court of Chancery opinion addresses a dispute regarding management and control of an LLC based on an interpretation of the LLC agreement...

Court Provides Practical Advice on Advancement Claims

Feeley v. NHAOCG, LLC , is a pending Chancery case involving issues that relate to a contest for control, and which has thus far generated two opinions, highlighted on these pages here and here . A transcript of an oral argument in this case has recently been made available, regarding a claim in the...