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PESTOLITE, INC. v. CORDURA CORP.

449 A.2d 263 (1982)

PESTOLITE, INC., a Delaware corporation, Plaintiff, v. CORDURA CORPORATION, a Delaware corporation, Robert G. Sims, Alfred DiScipio, Richard E. Rothkopf, Michael Ciolli, Norman E. Friedman and William J. Winkler, Defendants.

Superior Court of Delaware, New Castle County.

Decided June 29, 1982.

Attorney(s) appearing for the Case

Walter L. Pepperman, II, and Francis J. Murphy of Morris, Nichols, Arsht & Tunnell, Wilmington, Steven H. Berkowitz (argued) of Alexander, Milne & Berkowitz, W. Bourne Ruthrauff of Gratz, Tate, Spiegel, Ervin & Ruthrauff, Philadelphia, Pa., for plaintiff.

Charles F. Richards, Jr. and William J. Wade (argued) of Richards, Layton & Finger, Wilmington, for defendants.

LONGOBARDI, Vice Chancellor*.

Plaintiff Pestolite, Inc. ("Pestolite"), a Delaware corporation with its principal place of business in Lancaster, Pennsylvania, filed this complaint alleging causes of action based upon contract and tort theories of liability arising from an aborted sale of its product called the Pestolite Patio Protector. The Defendants are Cordura Corporation ("Cordura"), a Delaware...

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