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Legal Opinion

Libeau v. Fox

Court of Chancery of Delaware

Decided June 16, 2005No. C.A. 2308PublishedCited by 57 opinions

1Opinion of the Court

OPINION

STRINE, Vice Chancellor.

I. Introduction

This dispute involves a falling out among three friends over their jointly owned beach house. The plaintiff, Vera A. Li-beau, and the defendants, Janet M. Fox and Elena A. Vargas, purchased a property in Bethany Beach (the “Beach House”), in December 1986. Over the years, the Beach House’s value has increased dramatically and Libeau now wishes to extract her pro rata share of that value by selling the Beach House, or her share in it. Fox and Vargas wish to retain the Beach House for their own enjoyment, realizing that they would likely be unable…

2Cases cited6 opinions

  1. State v. Tabasso Homes, Inc.New York Court of General Session of the Peace · 1942
  2. Michalski v. MichalskiNew Jersey Superior Court Appellate Division · 1958
  3. In Re the Appraisal of Ford Holdings, Inc. Preferred StockCourt of Chancery of Delaware · 1997
  4. Rosenberg v. RosenbergIllinois Supreme Court · 1952
  5. Hotchkin v. HotchkinNew Jersey Superior Court Appellate Division · 1969

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

3Cited by57 opinions

  1. Abry Partners V, L.P. v. F & W Acquisition LLCCourt of Chancery of Delaware · 2006
  2. Salamone v. GormanSupreme Court of Delaware · 2014
  3. Nationwide Emerging Managers, LLC v. Northpointe Holdings, LLCSupreme Court of Delaware · 2015
  4. NAF Holdings, LLC v. Li & Fung (Trading) Ltd.Supreme Court of Delaware · 2015
  5. Libeau v. FoxSupreme Court of Delaware · 2006

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

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