Connolly and Noreika Confirmed as United States District Judges for the District of Delaware
On August 1, 2018, the United States Senate confirmed the nominations of Colm F. Connolly and Maryellen Noreika to be United States District Judges for the District of Delaware. The nominations had been pending since December of 2017. Connolly and Noreika will fill the judicial vacancies created by now-retired Judge Sue L. Robinson’s taking of senior…
The 2018 Amendments to the Delaware Statutory Trust Act
The Delaware General Assembly recently enacted amendments to the Delaware Statutory Trust Act (the “DSTA”) which will become effective August 1, 2018. The amendments make a variety of changes relating to the nature and operation of statutory trusts, including (i) confirming the ability to use blockchain technology to store trust information, issue shares, and conduct trust…
Judge Wallace Denies Plaintiff’s Motion to Set Judgment Amounts and Prejudgment Interest
In Viking Pump, Inc. v. Century Indemnity Co., 2018 WL 2331990 (Del. Super. Ct.), Judge Wallace denied the plaintiff’s motion to set judgment amounts and prejudgment interest. This long-running insurance coverage dispute arose from underlying asbestos-related personal injury claims. One of the plaintiffs, Warren Pumps LLC, sought declaratory relief against several excess insurers for defense costs.…
Judge Davis Grants Motion for Partial Summary Judgment for a Declaratory Judgment Arising from an Insurance Policy Dispute
In WoodSpring Hotels LLC v. National Union Fire Insurance Co. of Pittsburgh, PA, 2018 WL 2085197 (Del. Super. Ct.), Judge Davis granted a Motion for Partial Summary Judgment in an insurance coverage dispute. In this case, plaintiff WoodSpring Hotels LLC obtained a directors and officers insurance policy (the “Policy”) from defendant National Union Insurance Co. of…
Judge Carpenter Grants Plaintiffs’ Motion for Entry of Final Judgment and Sets Prejudgment Interest
In Verizon Communications Inc. v. Illinois National Insurance Co., 2018 WL 2317821 (Del. Super. Ct.), Judge Carpenter granted the plaintiffs’ motion for entry of final judgment and prejudgment interest pursuant to Rule 58. This insurance coverage dispute arose from plaintiff Verizon Communications, Inc.’s settlement of two underlying actions (the “U.S. Bank Action” and “…
Judge Carpenter Grants Motion for Leave to File Amended Complaint Months Before Trial
In DRIT LP v. Glaxo Group Ltd., C.A. No. N16C-07-218-WCC-CCLD (Del. Super. Ct. Apr. 25, 2018) (ORDER), Judge Carpenter granted the plaintiff’s Motion for Leave to File an Amended Complaint to add an additional count for breach of contract to the litigation. The motion for leave to amend, filed five months before trial, sought to add…
Judge Wallace Confirms that Negligent Misrepresentation Claims May Only Be Brought in the Court of Chancery
In Otto Candies, LLC v. KPMG LLP, 2018 WL 1960344 (Del. Super. Ct.), Judge Wallace held that the Delaware Superior Court lacked jurisdiction to hear the dispute because the claims, as pled, sounded in negligent misrepresentation. The action stemmed from alleged fraud carried out by Oceanografia S.A. de C.V, an offshore oil services company; Citigroup, Inc.;…
Complex Commercial Litigation Update
In the second quarter of 2018, the Delaware Superior Court’s Complex Commercial Litigation Division saw the appointment of Judge Abigail M. LeGrow to the panel. Judge LeGrow joins judges Mary M. Johnston, Eric M. Davis, and Paul R. Wallace.
Delaware Raises the State Minimum Wage
Recently, Governor John Carney signed Senate Bill No. 170 and House Bill No. 483. SB 170, in conjunction with HB 483, requires Delaware employers to raise the minimum wage over the next two years from $8.25 an hour to $9.25 an hour with the following schedule: $8.75 an hour by January 1, 2019 $9.25 an hour…
Increase in Base Fee for Statutory Trust Filings
At yesterday’s Delaware Division of Corporations User’s Meeting, we were informed that the base fee for all statutory trust filings will increase from $200 to $500 effective August 1, 2018. The certification fee and expedited service fees remain unchanged.…