Legal Opinion
JPD, INC. v. Chronimed Holdings, Inc.
Court of Appeals for the Sixth Circuit
Decided August 22, 2008No. 07-4427PublishedCited by 74 opinions
1Opinion of the Court
OPINION
COOK, Circuit Judge.
In late 2005, Defendant Chronimed Holdings bought Northland Pharmacy from Plaintiff James P. DiCello. Chron-imed paid DiCello twelve million dollars up front and promised additional cash if Northland’s earnings over the next year hit a benchmark. The parties agreed to arbitrate any dispute over the “calculation” of Northland’s earnings and “all issues having a bearing on such dispute.”
When Chronimed later informed DiCello that it would not pay the added cash because Northland’s earnings failed to reach the benchmark, DiCello sued, claiming that Chronimed owed the…
2Cases cited10 opinions
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- John Wiley & Sons, Inc. v. LivingstonSupreme Court of the United States · 1964
- Howsam v. Dean Witter Reynolds, Inc.Supreme Court of the United States · 2002
- Marie v. Allied Home Mortgage Corp.Court of Appeals for the First Circuit · 2005
- Javitch v. First Union Securities, Inc.Court of Appeals for the First Circuit · 2003
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3Cited by74 opinions
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