Kysor Industrial Corp. v. Margaux, Inc.
Superior Court of Delaware
1Opinion of the Court
OPINION
HERLIHY, Judge.
This is Kysor Industrial Corporation’s [Ky-sor] renewed motion for summary judgment.
PROCEDURAL POSTURE
Kysor filed this action on December 19, 1994, seeking damages for an alleged breach of contract on the part of Margaux, Inc. [Margaux]. Pursuant to a letter of intent between Kysor and Margaux, the latter would pay a $300,000 termination fee plus expenses upon the occurrence of one or more of the stated triggering events. 1 After the Kysor/Margaux letter was signed, Margaux entered into an agreement to sell and did sell its assets to Dover Diversified, Inc. [Dover], now…
2Cases cited29 opinions
- Aronson v. LewisSupreme Court of Delaware · 1984
- Moore v. SizemoreSupreme Court of Delaware · 1979
- Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc.Supreme Court of Delaware · 1986
- In Re Santa Fe Pacific Corp. Shareholder LitigationSupreme Court of Delaware · 1995
- Paramount Communications Inc. v. QVC Network Inc.Supreme Court of Delaware · 1994
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3Cited by10 opinions
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- Brazen v. Bell Atlantic Corp.Supreme Court of Delaware · 1997
- In Re the Mony Group Inc. Shareholder LitigationCourt of Chancery of Delaware · 2004
- In Re Cogent, Inc. Shareholder LitigationCourt of Chancery of Delaware · 2010
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