Vichi v. Koninklijke Philips Electronics N.V.
Court of Chancery of Delaware
1Opinion of the Court
OPINION
PARSONS, Vice Chancellor.
This action is before me on a motion for summary judgment relating to a dispute between a Netherlands holding company, which controls one of the largest electronics companies in the world, and an Italian businessman, who is the managing shareholder and founder of a large television manufacturing and sales company in Italy.
The holding company is a participant in a joint venture that needed financing and approached the Italian businessman for a substantial loan. The Italian businessman, who had a longstanding business relationship with one of the holding…
2Cases cited32 opinions
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- Kuroda v. SPJS Holdings, L.L.C.Court of Chancery of Delaware · 2009
- Kennedy v. Silas Mason Co.Supreme Court of the United States · 1948
- Wal-Mart Stores, Inc. v. AIG Life InsuranceSupreme Court of Delaware · 2004
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