Zero Stage Capital, Inc. v. Harvard Clinical Technology, Inc.

FINDINGS.

In accordance with Mass.R.Civ.P. 52(a), the court finds each of the following facts to be established by a reasonable preponderance of the evidence introduced at the jury-waived trial of this action.

The Parties and Their Principals

1. The plaintiff Massachusetts Technical Development Corporation (“MTDC”) is a venture capital company. The Massachusetts Legislature originally created MTDC as a governmental agency designed to assist emerging technology companies with financing during the early stages of development.

2. Over time MTDC evolved into a private investment company. Aboard of…