Legal Opinion
Froelich v. Erickson
District Court, D. Maryland
Decided May 17, 2000No. L-98-694PublishedCited by 42 opinions
1Opinion of the Court
MEMORANDUM
LEGG, District Judge.
Now before the Court are cross-motions for Summary Judgment. Because of the complexity of the facts, a brief summary is in order.
Plaintiff, Brian Froelich, is a former Chief Executive Officer (CEO) and director of Defendant Senior Campus Living, LLC (SCL). SCL was created in 1996 as a vehicle for Froelich and other employees of Senior Campus Living, Inc. (SCL, Inc.) to purchase the company from its founder, Defendant John Erickson, through a leveraged buy-out (LBO).
Under the structure of the LBO, Froe-lich and his group did not pay Erickson up front. Instead,…
2Cases cited27 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Adickes v. S. H. Kress & Co.Supreme Court of the United States · 1970
- N. Brown FELTY, Plaintiff-Appellant, v. GRAVES-HUMPHREYS COMPANY, Defendant-AppelleeCourt of Appeals for the Fourth Circuit · 1987
- Thompson Everett, Inc. v. National Cable Advertising, L.P. Cable Networks, Inc. Cable Media CorporationCourt of Appeals for the Fourth Circuit · 1995
22 more not listed; retrieve them via the Exa API.
3Cited by42 opinions
- Plank v. CherneskiCourt of Appeals of Maryland · 2020
- Robinson v. Geo Licensing Co., LLCDistrict Court, D. Maryland · 2001
- Anest v. AudinoAppellate Court of Illinois · 2002
- BEP, INC. v. AtkinsonDistrict Court, D. Maryland · 2001
- Froelich v. Senior Campus Living, LLCCourt of Appeals for the Fourth Circuit · 2001
37 more not listed; retrieve them via the Exa API.