Legal Opinion
In Re Ardent, Inc.
District Court, District of Columbia
Decided November 16, 2001No. 01-02086PublishedCited by 2 opinions
1Opinion of the Court
DECISION RE EMERGENCY MOTION SEEKING RELIEF REGARDING NON-COMPETITION PROVISIONS IN MERGER AGREEMENT
S.MARTIN TEEL, Bankruptcy Judge.
Kim Kao and Amy Hsiao (“the Mov-ants”) seek to compete with CAIS Internet, Inc. (“CAIS”), one of the debtors in this jointly administered case, despite an agreement not to compete with CAIS. They assert that CAIS has breached its obligation, under the same agreement, to issue them shares of CAIS stock, thus relieving them of any further obligation to perform their non-competition covenants. In pursuit of their goal of competing with CAIS, they have filed a motion…
2Cases cited6 opinions
- Toibb v. RadloffSupreme Court of the United States · 1991
- Union Bank v. WolasSupreme Court of the United States · 1991
- Scott v. AbbottCourt of Appeals for the Eighth Circuit · 1908
- In Re Teligent, Inc.United States Bankruptcy Court, S.D. New York · 2001
- Blythe v. DohenyCourt of Appeals for the Ninth Circuit · 1934
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3Cited by2 opinions
- In Re UAL Corp.United States Bankruptcy Court, N.D. Illinois · 2003
- In Re: Nanodynamics (Wallach v. Smith)Court of Appeals for the Second Circuit · 2018