Legal Opinion

ASDI, INC. v. Beard Research, Inc.

Supreme Court of Delaware

Decided November 23, 2010No. 296/301/308, 2010PublishedCited by 123 opinions

1Opinion of the Court

JACOBS, Justice:

Before us are three consolidated appeals from a judgment of the Court of Chancery, entered after trial. The Court of Chancery adjudicated all but one of the defendant's-below appellants jointly and severally liable to the plaintiffs-below appellees; and awarded appellees damages, including pre- and post-judgment interest, in the amount of $4,338,463. 1 The appellants are ASDI, Inc. (“ASDI”), Advanced Synthesis Group, Inc. (“ASG”), Michael J. Kates, Garry Smith, and Alan Blize. The appel-lees are Charles Beard Research and Development, Inc. (“CB”) and Beard Research, Inc.…

2Cases cited7 opinions

  1. Beard Research, Inc. v. KatesCourt of Chancery of Delaware · 2010
  2. Marks v. StrubleDistrict Court, D. New Jersey · 2004
  3. Irwin & Leighton, Inc. v. W.M. Anderson Co.Court of Chancery of Delaware · 1987
  4. Pure Milk Products Cooperative v. National Farmers OrganizationWisconsin Supreme Court · 1974
  5. Trimed, Incorporated, a Maryland Corporation v. Sherwood Medical Company, a Delaware CorporationCourt of Appeals for the Fourth Circuit · 1992

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3Cited by123 opinions

  1. Vichi v. Koninklijke Philips ElectronicsCourt of Chancery of Delaware · 2014
  2. SIGA Technologies, Inc. v. Pharmathene, Inc.Supreme Court of Delaware · 2015
  3. Beard Research, Inc. v. Kates (In re Kates)United States Bankruptcy Court, E.D. Pennsylvania · 2012
  4. Miller v. American Capital, Ltd. (In re NewStarcom Holdings, Inc.)United States Bankruptcy Court, D. Delaware · 2016
  5. Edgewater Growth Capital Partners LP v. H.I.G. Capital, Inc.Court of Chancery of Delaware · 2013

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