Legal Opinion

Protarga, Inc. v. Webb (In Re Protarga, Inc.)

United States Bankruptcy Court, D. Delaware

Decided September 1, 2005No. 19-10282PublishedCited by 6 opinions

1Opinion of the Court

MEMORANDUM OPINION

PETER J. WALSH, Bankruptcy Judge.

This is the Court’s ruling following a six-day trial on Protarga, Inc. fik/a Neu-romediea, Inc.’s (“Protarga”) complaint objecting to Nigel L. Webb’s (“Webb”) proof of claim and asserting counterclaims. 1 Webb’s proof of claim is based on an employment contract. For the reasons set forth below, the Court finds in part for Protarga and in part for Webb.

BACKGROUND

From its inception in 1991, Protarga was a start-up drug development company. The company hired Webb in 1993. Pro-targa and Webb entered into three successive employment agreements,…

2Cases cited20 opinions

  1. Perez. v. CampbellSupreme Court of the United States · 1971
  2. Gade v. National Solid Wastes Management Assn.Supreme Court of the United States · 1992
  3. Baker v. General Motors Corp.Supreme Court of the United States · 1998
  4. United States of America on Behalf of Its Agency Internal Revenue Service v. William H. Norton, Carrie W. Norton, F/k/a Carrie A. WoodwardCourt of Appeals for the Third Circuit · 1983
  5. In Re Continental Airlines, Inc., Debtor. Eastern Pilots Merger Committee v. Continental Airlines, Inc., Patricia A. Staiano, TrusteeCourt of Appeals for the Third Circuit · 2002

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3Cited by6 opinions

  1. Iskric v. Commonwealth Financial Systems, Inc. (In re Iskric)United States Bankruptcy Court, M.D. Pennsylvania · 2013
  2. In Re WorldCom, Inc.United States Bankruptcy Court, S.D. New York · 2007
  3. In Re Verasun Energy Corp.United States Bankruptcy Court, D. Delaware · 2012
  4. In re Meridian Automotive Systems-Composites Operations, Inc.United States Bankruptcy Court, D. Delaware · 2007
  5. Madden v. Morelli (In re Energy Conversion Devices, Inc.)United States Bankruptcy Court, E.D. Michigan · 2016

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