Legal Opinion

Composecure, L. L.C. v. Cardux, LLC

Supreme Court of Delaware

Decided November 7, 2018No. 177, 2018PublishedCited by 31 opinions

1Opinion of the Court

VALIHURA, Justice:

Appellant CompoSecure, L.L.C. ("CompoSecure") appeals from a nearly $17 million judgment in the Court of Chancery for past-due commissions, legal fees and expenses, pre-judgment interest, and contract damages arising out of a sales agreement (the "Sales Agreement") with Appellee CardUX, LLC ("CardUX"). On appeal, CompoSecure contends that the Court of Chancery erred by holding that (1) the Sales Agreement was voidable, not void, under CompoSecure's Amended and Restated Limited Liability Company Agreement (the "LLC Agreement"), and (2) CompoSecure impliedly ratified the Sales…

2Cases cited15 opinions

  1. Estate of Osborn Ex Rel. Osborn v. KempSupreme Court of Delaware · 2010
  2. Nemec v. ShraderSupreme Court of Delaware · 2010
  3. Kuhn Construction, Inc. v. Diamond State Port Corp.Supreme Court of Delaware · 2010
  4. Scion Breckenridge Managing Member, LLC v. ASB Allegiance Real Estate FundSupreme Court of Delaware · 2013
  5. Dieckman v. Regency GP LP, Regency GP LLCSupreme Court of Delaware · 2017

10 more not listed; retrieve them via the Exa API.

3Cited by31 opinions

  1. In re Shorenstein Hays-Nederlander Theatres LLCSupreme Court of Delaware · 2019
  2. Absalom Absalom Trust f-k-a Anne Deane 2013 Revocable Trust v. Saint Gervais LLCCourt of Chancery of Delaware · 2019
  3. Arctaris Opportunity Zone Fund 2020, LLC v. Lc Baltimore 1b LLC, Lc Baltimore Development, LLC, and La Cité, LLC, Defendants; And Wells Fargo Bank, N.A., as TrusteeMassachusetts Superior Court · 2025
  4. Baldwin v. New Wood Resources LLCSupreme Court of Delaware · 2022
  5. Bandera Master Fund LP v. Boardwalk Pipeline Partners, LPCourt of Chancery of Delaware · 2021

26 more not listed; retrieve them via the Exa API.

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API