Kelly v. Blum

VERDICT

Trial
12/07/10 – 12/09/10

Play button overlay 45f08f27c7337d189e8c31e635b5d0a0781b273131135cd77ee8b6f12366e7a2
Play button overlay 45f08f27c7337d189e8c31e635b5d0a0781b273131135cd77ee8b6f12366e7a2

Summary

In this telecommunications mergers and acquisitions litigations proceeding, plaintiff Thomas Kelly, founder of Marconi Broadcasting LLC brought motion for partial summary judgment to challenge the merger between Marconi Broadcasting LLC and MBC Acquisitions LLC. The plaintiff declared the merger invalid for failing to comply with certain notice provisions of Marconi’s LLC agreement and alleged ERIC L. BLUM of squeezing the plaintiff out of his $1.1 million investment in Marconi Broadcasting LLC.

The plaintiff was represented by attorneys Ira Silverstein and David Felice. The defendant in this case, Marconi Broadcasting LLC was represented by attorneys Lisa Lori and William Clements.

Outcome

The court denied plaintiff’s motion for partial summary judgment
and granted in part and denied in part defendants’ motion to dismiss.

Sessions

Recording Disclaimer: This proceeding was recorded in parts only. Available recordings do not represent the full proceeding.

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