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GREAT LAKES CHEMICAL v. PHARMACIA CORP.

C.A. No. 18276.

788 A.2d 544 (2001)

GREAT LAKES CHEMICAL CORPORATION, Plaintiff, v. PHARMACIA CORPORATION, formerly known as Monsanto Company, and Sweet Technologies, Inc., Defendants

Court of Chancery of Delaware, New Castle County.

Decided June 29, 2001.

Attorney(s) appearing for the Case

Lawrence C. Ashby and Philip Trainer, Jr., of Ashby & Geddes, Wilmington, Delaware; and H. Roderic Heard, John E. Frey and Thomas M. Lynch, of Wildman, Harrold, Allen & Dixon, Chicago, Illinois, for Plaintiff.

Richard L. Horwitz and John M. Seaman, of Potter Anderson & Corroon, LLP, Wilmington, Delaware; and John W. Treece and Sheila A. Sundvall, of Sidley & Austin, Chicago, Illinois, for Defendants.

OPINION

JACOBS, Vice Chancellor.

This lawsuit arises from the purchase of NSC Technologies Company, LLC, a Delaware limited liability company ("NSC") that was a subsidiary of the defendants, Pharmacia Corporation1 ("Pharmacia") and Sweet Technologies, Inc.2 The purchaser was the plaintiff, Great Lakes Chemical Corporation ("Great Lakes" or "the plaintiff"), which brought this lawsuit after...

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