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PharmATHENE, INC. v. SIGA TECHNOLOGIES, INC.

Civil Action No. 2627-VCP.

PHARMATHENE, INC., a Delaware corporation, Plaintiff, v. SIGA TECHNOLOGIES, INC., a Delaware corporation, Defendant.

Court of Chancery of Delaware.

Decided: August 8, 2014.

Attorney(s) appearing for the Case

A. Richard Winchester, Esq. , Christopher A. Selzer, Esq. , McCARTER & ENGLISH, LLP, Wilmington, Delaware; Roger R. Crane, Esq. , K&L GATES LLP, New York, New York; Attorneys for Plaintiff.

Stephen P. Lamb, Esq. , Meghan M. Dougherty , Justin A. Shuler, Esq. , PAUL, WEISS, RIFKIND, WHARTON & GARRISON LLP, Wilmington, Delaware; Walter Rieman, Esq. , Jaren Elizabeth Janghorbani, Esq. , PAUL, WEISS, RIFKIND, WHARTON & GARRISON LLP, New York, New York; Harold P. Weinberger, Esq. , Seth F. Schinfeld, Esq. , KRAMER LEVIN NAFTALIS & FRANKEL LLP, New York, New York; Attorneys for Defendant.

MEMORANDUM OPINION

PARSONS, Vice Chancellor.

On May 24, 2013, the Delaware Supreme Court issued its decision (the "Supreme Court Opinion")1 in SIGA Technologies, Inc.'s ("SIGA") appeal of this Court's September 22, 2011 post-trial opinion (the "Post-Trial Opinion").2 In its decision, the Supreme Court upheld my determination that SIGA had breached, in bad faith, its contractual obligation to negotiate...

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