Cantor Fitzgerald, L.P. v. Cantor

OPINION

STEELE, Vice Chancellor.

Cantor Fitzgerald, L.P. (“CFLP” or “Plaintiff’), a Delaware limited partnership, alleges that three of its limited partners, working through Market Data Corporation (“MDC”), a Delaware corporation under their control, and in conjunction with Chicago Board Brokerage, L.L.C. (“CBB”), an unassociated Delaware limited liability corporation, have developed a product that will compete directly with CFLP’s core business. Plaintiff CFLP seeks to preliminarily enjoin the new product’s launch on July 31, 1998. Plaintiff may obtain a preliminary injunction if it…