Tyler O'Connell

Morris James LLP

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Chancery Declines to Exercise Equitable Jurisdiction in a Contract Action to Compel the Release of Funds Held in Escrow

In re Windmil Therapeutics Inc., C.A. No. 2023-1294-PAF (Del. Ch. Mar. 13, 2024) - This case dealt with the voluntary assignment for the benefit of creditors under 10 Del. C. § 7381, et seq....more

7/2/2024 / Breach of Contract , Declaratory Judgments , Fiduciary Duty , Purchase Agreement

Chancery Orders Defendant to Pay Simple Prejudgment Interest and Reduces the Amount Because of Plaintiffs’ Delays

Ainslie v. Cantor Fitzgerald LP, C.A. No. 9436-VCZ (Del. Ch. Apr. 5, 2023) - Delaware law provides for the interest to be awarded under 6 Del. C. § 2301 in actions seeking compensatory damages, and the rate is fixed by the...more

8/2/2023 / Breach of Contract , Damages , Declaratory Judgments

Chancery Declines to Apply Status Quo Order to Prevent Sale of Litigant’s Personal Interest in Indirect Foreign Subsidiary of...

Carlos Eduardo Lorefice Lynch v. R. Angel Gonzalez Gonzalez, C.A. No. 2019-0356-MTZ (Del. Ch. June 22, 2020) - In this control dispute, the Delaware Court of Chancery denied a motion to amend a status quo order, finding...more

8/18/2020 / Declaratory Judgments , Delaware Limited Liability Company Act , Foreign Subsidiaries , Personal Jurisdiction

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