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EV3, INC. v. LESH

No. 515, 2013.

103 A.3d 179 (2014)

EV3, INC., Defendant-Appellant, v. Michael LESH, M.D., and Erik Van Der Burg, acting jointly as the Shareholder Representatives for former shareholders of Appriva Medical, Inc., Plaintiffs-Appellees.

Supreme Court of Delaware.

Decided: September 30, 2014.

Attorney(s) appearing for the Case

Matt Neiderman, Esquire , Gary W. Lipkin, Esquire , Benjamin A. Smyth, Esquire , Duane Morris LLP, Wilmington, Delaware; Jeffrey J. Bouslog, Esquire , Bret A. Puls, Esquire , Dennis E. Hansen, Esquire , Oppenheimer Wolff & Donnelly LLP, Minneapolis, Minnesota; Theodore B. Olson, Esquire , Gibson, Dunn & Crutcher LLP, Washington, District of Columbia; Christopher D. Dusseault, Esquire , Joshua S. Lipshutz, Esquire , Michael Holecek, Esquire , Gibson, Dunn & Crutcher LLP, Los Angeles, California, for Appellant.

Jon E. Abramczyk, Esquire , Matthew R. Clark, Esquire , Morris, Nichols, Arsht & Tunnell LLP, Wilmington, Delaware; Robert A. Goodin, Esquire , Francine T. Radford, Esquire , Goodin, MacBride, Squeri, Day & Lamprey LLP, San Francisco, California; Jay P. Lefkowitz, Esquire , Joseph Serino, Jr., Esquire , Eric F. Leon, Esquire , John Del Monaco, Esquire , Kirkland & Ellis LLP, New York, New York; John C. O'Quinn, Esquire , Bob Allen, Esquire , Kirkland & Ellis LLP, Washington, District of Columbia, for Appellees.

Before STRINE, Chief Justice, HOLLAND, and RIDGELY, Justices; and LASTER and GLASSCOCK, Vice Chancellors, constituting the Court en Banc.

I. INTRODUCTION

This is an appeal from a jury verdict finding that ev3, Inc., the buyer of Appriva Medical, Inc. ("Appriva"), breached its contractual obligations to Appriva's former shareholders, who gave up their shares in the merger. The merger agreement between ev3 and Appriva ("merger agreement") provided for...

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