Supreme Court of Delaware

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Appriva S'holder Litig. Co., LLC v. ev3, Inc., 470, 2006

In a consolidated appeal of shareholder litigation arising out of the acquisition of Appriva Medical, Inc. by Microvena Corporation, judgments dismissing the plaintiffs' two cases are reversed as: 1) where the issue of standing is related to the merits, a motion to dismiss is properly considered under Rule 12(b)(6) rather than 12(b)(1); 2) in one action, the superior court erred in converting a Rule 12(b)(6) motion to dismiss into a Rule 56 motion for summary judgment without giving plaintiff notice and an opportunity to present pertinent evidentiary material; 3) the lower court erred in the other case since, when deciding a Rule 12(b)(6) motion to dismiss, a trial court cannot choose between two differing interpretations of ambiguous documents; and 4) in the event that the lower court on remand finds that plaintiffs still lack standing unless they act in concert, plaintiffs in both actions are entitled to an opportunity to cure any defects.

Appellate Information

  • Decided 11/01/2007
  • Published 11/06/2007

Judges

  • HOLLAND, Justice., Before STEELE, Chief Justice, HOLLAND, BERGER, JACOBS and RIDGELY, Justices, constituting the Court en Banc.

Court

  • Supreme Court of Delaware

Counsel

  • For Appellant:
  • Jeffrey S. Goddess, Esquire, Rosenthal, Monhait & Goddess, Wilmington, Delaware;  Robert A. Goodin (argued) and Francine T. Radford, Esquire, Goodin, MacBride, Squeri, Ritchie & Day, LLP, San Francisco, California;  and Kirk B. Hulett, Esquire, Hulett Harper Stewart, LLP, San Diego, California, for appellant, Michael D. Lesh., Jeffrey L. Moyer, Esquire and Kelly E. Farnan, Esquire, Richards, Layton & Finger, Wilmington, Delaware;  Paul H. Dawes, Esquire, Darius C. Ogloza (argued) and Christopher W. Vincent, Latham & Watkins, San Francisco, California, for appellant, Appriva Shareholder Litigation Company, LLC.

  • For Appellees:
  • Daniel V. Folt, Esquire and Matt Neiderman, Esquire, Duane Morris, LLP, Wilmington, Delaware;  Matthew A. Taylor, Esquire (argued), James L. Beausoleil, Jr., Esquire, Seth A. Goldberg, Esquire and Christina E. Norland Audigier, Esquire, Duane Morris, LLP, Philadelphia, Pennsylvania;  and Jeffrey J. Bouslog, Oppenheimer, Wolff & Donnell, LLP, Minneapolis, MN, for appellees, Appriva Medical, Inc., et al.;   ev3, Inc.;   and ev3 Sunnyvale, Inc.
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