In re Coral Gables Luxury Holdings, a Delaware limited liability company

IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE IN RE CORAL GABLES LUXURY ) HOLDINGS, a Delaware limited ) C.A. No. 2024-0977-KSJM liability company. ) ORDER GRANTING SUMMARY JUDGMENT 1. Shoma Coral Gables LLC (“Shoma”) and Gables Investment Holdings (“GIH”) are the sole Members of Coral Gables Luxury Holdings, LLC (the “Company”), and each own a 50% interest. In January 2019, a Florida court ordered the sale of the Company’s sole asset, a property in Florida. The Florida court further ordered that the sale proceeds be placed in escrow pending resolution of the dispute between the parties.…