ReCor Medical, Inc. v. Warnking, 2013 Del. Ch. Lexis 142 (Del. Ch. May 31, 2013), aff’d, 85 A.3d 89 (Del. 2014) (Table).
Landis Rath & Cobb, together with Knobbe, Martens, Olson & Bear, LLP, successfully represented ReCor Medical, Inc., a startup medical device company that acquired all of the assets of a bankrupt company, in an action in the Court of Chancery against the seller’s former chief executive officer and his new … READ MORE →
RBC Capital Markets, LLC v. Educ. Loan Trust IV, 2013 Del. Super. Lexis 262 (Del. Super. May, 31, 2013), rev’d, 87 A.3d 632 (Del. 2014).
Landis Rath & Cobb represents U.S. Education Loan Trust IV, LLC (“USELT”), the issuer of more than $2 billion in auction rate securities issued pursuant to a trust indenture, in litigation brought by an alleged noteholder. In 2011, when the alleged noteholder brought suit in the Court of Chancery bringing … READ MORE →
Peter E. Deutsch v. ZST Digital Networks, Inc., C.A. No. 8014-VCL (Del. Ch. Mar. 20, 2013)(Order).
Landis Rath & Cobb recently obtained novel relief for a minority stockholder of ZST Digital Networks, Inc., a telecommunications company based in China that conducted a U.S. initial public offering in 2009 and then, in mid-2012, suddenly went “dark” and ceased communicating with its U.S.-based investors. After ZST refused to … READ MORE →
Bear Stearns Funding Trust 2007-AR2 v. EMC Mortg. LLC, 2013 Del. Ch. Lexis 9 (Del. Ch. Jan. 15, 2013).
Landis Rath & Cobb, together with Sullivan & Cromwell LLP, defends EMC Mortgage LLC, a JP Morgan Chase Bank subsidiary that sold mortgage-backed securities, in several actions brought by trusts that acquired those securities. The plaintiffs, who allege breaches of representations and warranties relating to the underwriting of the mortgage … READ MORE →
In re Tribune Co., Case No. 08-13141 (KJC), 476 B.R. 843 (Bankr. D. Del. 2012)
Landis Rath & Cobb, together with Chadbourne & Parke LLP and Zuckerman Spaeder LLP, represented the Official Committee of Unsecured Creditors in the In re Tribune Company bankruptcy case filed in the United States Bankruptcy Court for the District of Delaware. General unsecured claims asserted against the Tribune Company exceeded … READ MORE →
DFG Wine Co., LLC v. Eight Estates Wine Holdings, LLC, C.A. No. 6110-VCN, 2011 Del. Ch. LEXIS 128 (Del. Ch. May 10, 2011) (Noble, V.C.)
Landis Rath & Cobb successfully petitioned the Court of Chancery, pursuant to Section 18-305 of the Delaware LLC Act, on behalf of the controlling member of a Delaware LLC for the production of books and records to ascertain the value of the member’s interests in both the LLC as well … READ MORE →
Credit Suisse Securities (USA) LLC v. Investment Hunter, LLC, C.A. No. 5107-VCN, 2010 Del. Ch. LEXIS 121 (May 27, 2010) (Noble, V.C.)
Landis Rath & Cobb, together with Duval & Stachenfeld LLP, successfully petitioned the Court of Chancery to confirm an arbitration decision and award, including an award of punitive damages. Respondent Investment Hunter tried to challenge a FINRA Award on grounds that the arbitration Panel exceeded its authority in awarding punitive … READ MORE →
Ashall Homes Ltd. v. ROK Entertainment Group, Inc., C.A. No. 4643-VCS, 992 A.2d 1239 (Del. Ch. 2010) (Strine, V.C.)
Landis Rath & Cobb, together with Duval & Stachenfeld LLP, represented the defendants and successfully moved to dismiss the complaint filed in the Court of Chancery. The Vice Chancellor agreed with the defendants’ arguments that all of the Ashall plaintiffs’ claims – eleven causes of action, including fraudulent inducement, deceit, … READ MORE →
American International Group, Inc. v. Greenberg, C.A. No. 769-VCS, 965 A.2d 763 (Del. Ch. 2009) (Strine, V.C.)
Landis Rath & Cobb, together with Hafetz & Necheles & Rocco, LLP, represented a defendant and former employee of AIG and successfully moved to dismiss the complaint. In the action, the stockholder plaintiffs alleged that AIG embarked on widespread illegal misconduct and sought to recover damages based on materially misleading … READ MORE →
US Bank, N.A. v. US Timberlands Klamath Falls, LLC, C.A. No. 112-N, 864 A.2d 930 (Del. Ch. 2004)
Landis Rath & Cobb, together with Faegre & Benson LLP (predecessor to the firm Faegre Baker Daniels LLP), represented U.S. Bank as the indenture trustee for holders of $225 million of debt securities issued by U.S. Timberlands. The issuer transferred a significant portion of its property, valued at approximately $72 … READ MORE →