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HMG/COURTLAND PROPERTIES, INC. v. GRAY

Civil Action No. 15789.

729 A.2d 300 (1999)

HMG/COURTLAND PROPERTIES, INC., Plaintiff, v. Lee GRAY, individually and as a general partner in Martine Avenue Associates, Norman A. Fieber, individually and as a general partner in NAF Associates, Betsy Gray Saffell, individually and as a general partner in Martine Avenue Associates, NAF Associates, and the Jim Fieber Trust, Defendants.

Court of Chancery of Delaware, New Castle County.

Decided: January 13, 1999.

Attorney(s) appearing for the Case

Edward B. Maxwell, James P. Hughes, Jr., of Young, Conaway, Stargatt & Taylor, Wilmington; Rolin Bissell, Stephen Weaver, of Schnader, Harrison, Segal & Lewis, Philadelphia, Pennsylvania, of counsel, for Plaintiff.

Francis J. Trzuskowski, of Trzuskowski, Kipp, Kelleher & Pearce, Wilmington; Frank J. Silvestri, Jr., of Zeldes, Needle & Cooper, Bridgeport, Connecticut, of counsel, for Defendants Norman A. Fieber, NAF Associates, and the Jim Fieber Trust.

Edward M. McNally, of Morris, James, Hitchens & Williams, Wilmington, for Defendants Lee Gray, Betsy Gray Saffell and Martine Avenue Associates.

OPINION

STRINE, Vice Chancellor.

I. Introduction

The plaintiff, HMG/Courtland Properties, Inc. ("HMG"), has filed a motion for leave to file an amended complaint in this action to aver facts which it believes would enable this Court to exercise jurisdiction over NAF Associates ("NAF") and James Fieber. Several of the defendants, Norman Fieber, NAF and the Jim Fieber Trust (collectively, the "Fieber Defendants"), oppose HMG's motion on the...

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