Venzke v. Black Stone of Northwest Ohio, LLC

IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF OHIO WESTERN DIVISION David R. Venzke, Case No. 3:17CV1031 Plaintiff v. ORDER Black Stoneof Northwest Ohio, et al., Defendants This is a breach-of-contract suit. In 2014, plaintiff David Venzke sold his home healthcare company, Nursing Resources Corporation (NRC) to the defendant, Black Stone of Northwest Ohio (Black Stone NWO). As part of the sale, Venzke agreed to receive five percent of the purchase price as a share of “phantom equity” in NRC. Venzke’s phantom equity was on its faceworthless, but it could becomevaluable if…