Legal Opinion
SV Investment Partners, LLC v. ThoughtWorks, Inc.
Supreme Court of Delaware
Decided November 15, 2011No. 107, 2011PublishedCited by 21 opinions
1Opinion of the Court
RIDGELY, Justice:
SV Investment Partners, LLC and an affiliated group of investment funds (collectively “SVTP”) brought this action in the Court of Chancery against Thought-Works, Inc. for a declaratory judgment of the meaning of the phrase “funds legally available” as it relates to ThoughtWorks’ obligation under its Amended Charter to redeem Series A Preferred Stock. The Preferred Stock was issued by Thought-Works in exchange for a $26.6 million investment and a redemption right of the preferred stockholders upon certain conditions. SVIP also sought a monetary judgment for the full amount of…
2Cases cited14 opinions
- Kahn v. Lynch Communication Systems, Inc.Supreme Court of Delaware · 1994
- Levitt v. BouvierSupreme Court of Delaware · 1972
- Cinerama, Inc. v. Technicolor, Inc.Supreme Court of Delaware · 1995
- Cavalier Oil Corp. v. HarnettSupreme Court of Delaware · 1989
- Montgomery Cellular Holding Co. v. DoblerSupreme Court of Delaware · 2005
9 more not listed; retrieve them via the Exa API.
3Cited by21 opinions
- In re Trados Inc. Shareholder LitigationCourt of Chancery of Delaware · 2013
- Carsanaro v. Bloodhound Technologies, Inc.Court of Chancery of Delaware · 2013
- The Williams Companies, Inc. v. Energy Transfer Equity, L.P.Supreme Court of Delaware · 2017
- Quadrant Structured Products Company, Ltd. v. VertinCourt of Chancery of Delaware · 2015
- In re Peierls Family Inter Vivos TrustsSupreme Court of Delaware · 2013
16 more not listed; retrieve them via the Exa API.