Legal Opinion

Kysor Industrial Corp. v. Margaux, Inc.

Superior Court of Delaware

Decided January 31, 1996No. Civil Action 94C-12-196-JOHPublishedCited by 10 opinions

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

  1. Aronson v. LewisSupreme Court of Delaware · 1984
  2. Moore v. SizemoreSupreme Court of Delaware · 1979
  3. Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc.Supreme Court of Delaware · 1986
  4. In Re Santa Fe Pacific Corp. Shareholder LitigationSupreme Court of Delaware · 1995
  5. Paramount Communications Inc. v. QVC Network Inc.Supreme Court of Delaware · 1994

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3Cited by10 opinions

  1. Kathryn Strom v. Goldman, Sachs & Co. And Goldman, Sachs & Co. Supplemental Life Insurance PlanCourt of Appeals for the Second Circuit · 1999
  2. Louisiana Municipal Police Employees' Retirement System v. CrawfordCourt of Chancery of Delaware · 2007
  3. Brazen v. Bell Atlantic Corp.Supreme Court of Delaware · 1997
  4. In Re the Mony Group Inc. Shareholder LitigationCourt of Chancery of Delaware · 2004
  5. In Re Cogent, Inc. Shareholder LitigationCourt of Chancery of Delaware · 2010

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

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