PULIERI v. BOARDWALK PROPERTIES, LLC

C.A. No. 9886-CB.

DOMINICK A. PULIERI, as Court Appointed Receiver for SUNVIEW CORPORATION, Plaintiff, v. BOARDWALK PROPERTIES, LLC, Defendant.

Court of Chancery of Delaware.

Decided February 18, 2015.


Attorney(s) appearing for the Case

Kevin William Gibson of GIBSON & PERKINS P.C., New Castle, Delaware; Attorney for Plaintiff.

Gregory P. Williams , Blake Rohrbacher and Susan M. Hannigan of RICHARDS LAYTON & FINGER, P.A., Wilmington, Delaware; Attorneys for Defendant.


MEMORANDUM OPINION

BOUCHARD, C.

I. INTRODUCTION

This action involves an alleged oral agreement made over twelve years ago concerning the ownership of real property located at 101 South Boardwalk, Rehoboth Beach, Delaware 19971 (the "Rehoboth Property"). The Rehoboth Property used to be a motel called the Sunview Motel. It is now home to a Greene Turtle restaurant.

The thrust of the oral agreement, which is referred to as the "Friendly Agreement...

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