Lovejoy Electronics, Inc. v. O'BERTO

MEMORANDUM OPINION

WILL, District Judge.

This case arises from a contractual dispute involving the development and sale of a computer chip known as the “HOHM 8081.” In the amended complaint, plaintiff-counterdefendant Lovejoy Electronics, .Inc. (“Lovejoy”) alleges breach of contract, breach of fiduciary duty, and negligence on the part of defendant-counterplaintiff Gerald N. O’Berto (“O’Berto”). Lovejoy also alleges breach of contract on the part of defendant International Microcircuits, Inc. O’Berto has countered with charges against Lovejoy of breach of contract and fraud.

Before us is…