CIBC Bank USA v. Ryan Barker and BERA Brand Management, Inc.

IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE CIBC BANK USA, ) ) Plaintiff, ) ) v. ) C.A. No. 2024-0978-LWW ) RYAN BARKER, JIM SHEWARD, ) JIM STENGEL, SCOTT MILLER, ) JIM MCTAGGART, JEFFREY ) PEACOCK, JUSTIN REGER, and ) PEAKEQUITY PARTNERS I, L.P., ) ) Defendants, ) ) and ) ) BERA BRAND MANAGEMENT, ) INC. ) Nominal Defendant. ) MEMORANDUM OPINION Date Submitted: February 26, 2026 Date Decided: May 29, 2026 Bruce E. Jameson, Samuel L. Closic, & Caitlin E. Whetham, PRICKETT, JONES & ELLIOTT, P.A., Wilmington, Delaware; Douglas R. Gooding, Bryana T. McGillycuddy, John B. Lucy Jr., & Derek…