Summary
The Delaware Court of Chancery denied LawIQ, Inc. and Charles Moldenhauer’s motion for leave to file a motion for summary judgment. The court concluded that factual disputes concerning Moldenhauer’s motivations and conduct in terminating Terrance MacGregor and exercising the company’s contractual reacquisition right made summary judgment inappropriate.
Holdings
- Leave to file a motion for summary judgment is denied because the record does not establish with reasonable certainty that there is no triable issue, and disputed questions concerning Moldenhauer's motivations require further factual development.
- The fiduciary-duty counterclaim was not shown at this stage to be wholly duplicative of the contractual claim and therefore was not established as foreclosed under Delaware law.
Questions Presented
- Whether the defendants should be granted leave to file a motion for summary judgment on the fiduciary-duty counterclaim.
- Whether the fiduciary-duty counterclaim was wholly duplicative of the contractual claims and therefore foreclosed as superfluous.
- Whether disputed questions concerning Moldenhauer's motivations made summary judgment inappropriate.
Disposition
other
Cases Cited (10)
- Nemec v. Shrader, 991 A.2d 1120, 1129 (Del. 2010)(discussed)
- Stone & Paper Invs., LLC v. Blanch, 2020 WL 6373167, at *1 (Del. Ch. Oct. 30, 2020)(followed)
- Telxon Corp. v. Meyerson, 802 A.2d 257, 262 (Del. 2002)(followed)
- In re Tri-Star Pictures, Inc. Litig., 1995 WL 106520, at *5 (Del. Ch. Mar. 9, 1995)(followed)
- In re El Paso Pipeline P’rs, L.P. Deriv. Litig., 2014 WL 2768782, at *9 (Del. Ch. June 12, 2014)(followed)
- Cont’l Oil Co. v. Pauley Petroleum, Inc., 251 A.2d 824, 826 (Del. 1969)(followed)
- Amirsaleh v. Bd. of Trade of City of N.Y., Inc., 2009 WL 3756700, at *4 (Del. Ch. Nov. 9, 2009)(followed)
- Unbound P’rs Ltd. P’ship v. Invoy Hldgs. Inc., 251 A.3d 1016, 1024 (Del. Super. 2021)(followed)
- Parexel Int’l (IRL) Ltd. v. Xynomic Pharms., Inc., 2020 WL 5202083, at *4 (Del. Super. Sep. 1, 2020)(followed)
- Bäcker v. Palisades Growth Cap. II, L.P., 246 A.3d 81, 109 (Del. 2021)(followed)
Cited In (0)
No citing cases on record yet.
Court Document
Open PDFLoading document…