Merritt v. R & R Capital

CONCLUDED

Oral Argument
01/10/13 – 01/10/13

Play button overlay
Play button overlay

Summary

In this oral argument before the Delaware Supreme Court, the attorney representing Lyn Merritt contested the Chancery Court's orders denying Ms. Merritt right to indemnification for counsel fees under operating agreements that she entered into with R&R Capital, LLC; removing her as managing member of ten Delaware limited liability companies; and holding her in civil contempt. In November 2005, R&R filed a civil complaint against Ms. Merritt in New York state court alleging mismanagement and fraud in her operation of the entities. R&R alleged fraud on the basis of Ms. MerrittÂ’s 2004 sale of three pinhooking horses of "inferior quality" in connection with her purchase of R&R's interest in the entities' thoroughbred race horse business.

Outcome

The Court of Chancery's judgement was affirmed.

Sessions

Recording Disclaimer: This proceeding was recorded in full.

Suggest a Trial

Want to see a trial that you don't see in our list of upcoming trials?

Suggest a Case

CVN Essentials

The most important and informative moments of each trial

CVN Essentials

Video Library

Unlimited access to thousands of hours of past coverage of high stakes civil litigation

Video Library

  • Follow Us
  • Contact Us
  • 3901 Roswell Road
  • Suite 302
  • Marietta, GA 30062
  • 877-838-9067

Copyright 2021 Courtroom Connect.