Legal Opinion

Ryan v. Ocean Twelve, Inc.

Court of Chancery of Delaware

Decided October 2, 1973PublishedCited by 3 opinions

1Opinion of the Court

BROWN, Vice Chancellor.

This matter is before the Court upon the motion of the Defendant to dismiss for lack of jurisdiction. The basis for the motion is that Plaintiffs have an adequaté remedy at law. 10 Del.C. § 342.

Plaintiffs are the owners of record of the eight residential dwelling units in a condominium known as “Ocean Eight Condominium” located at Bethany Beach. Defendant Ocean Twelve, Inc., was the developer and builder of the condominium. It is alleged that at the time the titles to the units were transferred from the Defendant to the various Plaintiffs, the Defendant had not…

2Cases cited3 opinions

  1. Wilmont Homes, Inc. v. WeilerSupreme Court of Delaware · 1964
  2. Lee Builders, Inc. v. WellsCourt of Chancery of Delaware · 1952
  3. Northern Delaware Industrial Development Corp. v. E. W. Bliss Co.Court of Chancery of Delaware · 1968

3Cited by3 opinions

  1. Level 4 Yoga, LLC v. CorePower Yoga, LLC and CorePower Yoga Franchising, LLCCourt of Chancery of Delaware · 2022
  2. Mercury Partners Management LLC v. Valo Health, Inc.Supreme Court of Delaware · 2024
  3. Mercury Partners Management, LLC v. Valo Health, Inc.Court of Chancery of Delaware · 2024

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