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BROOKSTONE PARTNERS ACQUISITION XVI, LLC v. TANUS

C.A. No. 7533-VCN.

BROOKSTONE PARTNERS ACQUISITION XVI, LLC, directly and derivatively on behalf of WOODCRAFTERS HOME PRODUCTS HOLDING, LLC, Plaintiff, v. ABRAHAM TANUS, an individual, TAN U.S. GROUP, INC., a Delaware corporation, and TRUSTONE PRODUCTS, LLC, a Delaware limited liability company, Defendants, and WOODCRAFTERS HOME PRODUCTS HOLDING, LLC, Nominal Defendant.

Court of Chancery of Delaware.

Decided: November 20, 2012.

Attorney(s) appearing for the Case

Kevin R. Shannon, Esquire , Matthew F. Lintner, Esquire , and Ryan W. Browning Esquire , of Potter Anderson & Corroon LLP, Wilmington, Delaware, and Steven J. Thompson, Esquire , Lisa C. Sullivan, Esquire , and Maura M. McIntyre Esquire , of Ungaretti & Harris LLP, Chicago, Illinois, Attorneys for Plaintiff.

Neal J. Levitsky, Esquire , Seth A. Niederman, Esquire , and Carl D. Neff Esquire , of Fox Rothschild LLP, Wilmington, Delaware, and Jason N. Zakia Esquire , and Michelle Holmes Johnson Esquire , of White & Case LLP, Miami, Florida, Attorneys for Defendant Abraham Tanus.

MEMORANDUM OPINION

NOBLE, Vice Chancellor.

Plaintiff Brookstone Partners Acquisition XVI, LLC ("Brookstone") alleges in this action (the "Delaware Action") breach of contract and breach of fiduciary duty claims against Defendant Abraham Tanus ("Tanus") and entities he controls, Defendants Tan U.S. Group, Inc. ("Tan U.S.") and TruStone Products, LLC ("TruStone") (collectively, the "Defendants") regarding Tanus's acquisition of, and control over, Design Imaging...

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