Legal Opinion
Intelligent Digital Systems, LLC v. Visual Management Systems, Inc.
District Court, E.D. New York
Decided January 28, 2010No. CV 09-974PublishedCited by 8 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
WEXLER, District Judge:
This is a case that arises out of the parties’ business relationship which, in general terms, involved the sale of Plaintiffs’ proprietary technology, and related business to Visual Management Systems, Inc, the Defendant company (“VMS”). The parties’ transaction involved a sale of assets, a consulting agreement, and an unsecured convertible promissory note (the “Note”). The Note, carrying a principle amount of $1,544 million, allows for any amount owed (included any interest accrued) to be converted for payment, under certain circumstances, from cash…
2Cases cited15 opinions
- Ashcroft v. IqbalSupreme Court of the United States · 2009
- Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
- Conley v. GibsonSupreme Court of the United States · 1957
- Rothman v. GregorCourt of Appeals for the Second Circuit · 2000
- Reves v. Ernst & YoungSupreme Court of the United States · 1990
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3Cited by8 opinions
- Securities & Exchange Commission v. ConstantinDistrict Court, S.D. New York · 2013
- In Re Amaranth Natural Gas Commodities LitigationDistrict Court, S.D. New York · 2010
- Intelligent Digital Systems, LLC v. VISUAL MANAGEMENT SYSTEMS, INC.District Court, E.D. New York · 2010
- Hernan Lopez Fontana, et al. v. Argentina RepublicDistrict Court, S.D. New York · 2025
- KEVIN RAZZOLI v. ASR XPRESS, ET AL.District Court, S.D. New York · 2026
3 more not listed; retrieve them via the Exa API.