Legal Opinion
Libeau v. Fox
Supreme Court of Delaware
Decided January 24, 2006No. 309,2005PublishedCited by 45 opinions
1Opinion of the Court
BERGER, Justice:
In this appeal, we consider the enforceability of an agreement between three friends concerning their co-ownership of a beach house. The Court of Chancery held that the agreement effectively deprived the co-owners of their statutory right to partition the property. The trial court also reformed the agreement in two respects: 1) it limited the term of the agreement so that it will expire, at the latest, upon the death of the last of the three original co-owners; and 2) it' changed the parties’ ownership interest from a joint tenancy with right of survivorship to a tenancy in…
2Cases cited7 opinions
- Cerberus International, Ltd. v. Apollo Management L.P.Supreme Court of Delaware · 2002
- Libeau v. FoxCourt of Chancery of Delaware · 2005
- Condrey v. CondreySupreme Court of Florida · 1957
- Shoup v. ShoupSupreme Court of Pennsylvania · 1976
- Collins v. BurkeSupreme Court of Delaware · 1980
2 more not listed; retrieve them via the Exa API.
3Cited by45 opinions
- Abry Partners V, L.P. v. F & W Acquisition LLCCourt of Chancery of Delaware · 2006
- Salamone v. GormanSupreme Court of Delaware · 2014
- Nationwide Emerging Managers, LLC v. Northpointe Holdings, LLCSupreme Court of Delaware · 2015
- NAF Holdings, LLC v. Li & Fung (Trading) Ltd.Supreme Court of Delaware · 2015
- Martin Marietta Materials, Inc. v. Vulcan Materials Co.Court of Chancery of Delaware · 2012
40 more not listed; retrieve them via the Exa API.