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Chancery Addresses Impact of Merger on Anti-Assignment Clause and Applies Federal Motion to Dismiss Standard

Meso Scale Diagnostics, LLC v. Roche Diagnostics GmbH, C.A. No. 5589-VCP (Del. Ch. Apr. 8, 2011), read opinion here . This case arises out of a series of agreements between the parties to license certain technology. A complaint was filed alleging a breach of two agreements based on a purchase by...

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...