Denim North America Holdings, LLC v. Swift Textiles, LLC

ORDER

CLAY D. LAND, District Judge.

The jury returned a verdict in this action finding that Defendants Swift Textiles, LLC, Galey & Lord, LLC, and Patriarch Partners, LLC fraudulently induced Plaintiff, Denim North America Holdings, LLC (“Plaintiff’ or “Holdings”), to enter a Subscription Agreement and an Operating Agreement (collectively, “Agreements”) that created a joint venture to manufacture and sell denim products. Jury Verdict Form 1-2, ECF No. 145. The jury found that Defendants’ fraudulent inducement authorized rescission of the Agreements. Id. at 2-3. In light of its finding in favor…