Chancery Tosses Most Of Medical Device Co.'s Sabotage Suit

By Rose Krebs (February 27, 2020, 9:01 PM EST) -- A Delaware vice chancellor on Thursday tossed most of Neurvana Medical LLC's suit against Balt USA and one of its executives alleging corporate sabotage related to a medical device sale, letting stand only a breach of fiduciary duty claim against the executive.

In a memorandum opinion, Vice Chancellor Kathaleen S. McCormick said that Neurvana has shown enough facts to "reasonably" conceive that Balt USA's president David Ferrera, who sat on Neurvana's board until late 2017, may have breached his duty of loyalty as a Neurvana director while both companies negotiated a medical device sale.

During negotiations, Ferrera "could not be presumed...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!