James T. Kowatch v. ACI Learning Holdings, LLC

IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE JAMES T. KOWATCH, JAMES N. ) KOWATCH, DONALD SCHEELER, ) BRP2 LLC, and NPVI, LLC, ) ) Plaintiffs, ) ) v. ) C.A. No. 2025-1398-SKR ) ACI LEARNING HOLDINGS, LLC, ) INFOSEC LEARNING, INC. (f/k/a) ) ISL INTERMEDIATE, LLC, ) BOATHOUSE CAPITAL LP, ) BOATHOUSE CAPITAL ) CONTINUATION FUND LP, ) and CHONG MOUA, ) ) Defendants. ) Submitted: May 22, 2026 Decided: August 13, 2026 MEMORANDUM OPINION AND ORDER Upon Consideration of Defendants’ Motion to Dismiss the Complaint: GRANTED-IN-PART AND DENIED-IN-PART Allison M. Neff, Esquire, SAUL EWING LLP,…