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PRESTON HOLLOW CAPITAL LLC v. NUVEEN LLC

C.A. No. 2019-0169-SG.

216 A.3d 1 (2019)

PRESTON HOLLOW CAPITAL LLC, Plaintiff, v. NUVEEN LLC, Nuveen Investments, Inc., Nuveen Securities LLC, and Nuveen Asset Management LLC, Defendants.

Court of Chancery of Delaware.

Date Decided: August 13, 2019.

Attorney(s) appearing for the Case

R. Judson Scaggs, Jr. , Barnaby Grzaslewicz , and Elizabeth A. Mullin , of MORRIS NICHOLS ARSHT & TUNNEL, Wilmington, Delaware; OF COUNSEL: David H. Wollmuth , R. Scott Thompson , Michael C. Ledley , Sean P. McGonigle , William A. Maher , Nicole C. Rende , and Jay S. Handlin , of WOLLMUTH MAHER & DEUTSCH LLP, New York, New York, Attorneys for Plaintiff.

Peter J. Walsh, Jr. , Jennifer C. Wasson , David A. Seal , and Robert J. Kumor , of POTTER ANDERSON & CORROON LLP, Wilmington, Delaware; OF COUNSEL: Eva W. Cole , John E. Schreiber , Molly M. Donovan , Joseph A. Litman , and Mikaela E. Evans-Aziz , of WINSTON & STRAWN LLP, New York, New York, Attorneys for Defendants.

OPINION

Equity will not enjoin a libel. This Opinion involves a single issue: the Defendants, business competitors of the Plaintiff, made statements about the Plaintiff to third parties. The Plaintiff believes itself traduced. It seeks solely equitable relief for the alleged common...

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