BASE OPTICS INC. v. LIU EX REL. ARGUS INTERNATIONAL LTD.

C.A. No. 9803-VCG.

BASE OPTICS INC., Plaintiff, v. YAPING LIU, individually and on behalf of ARGUS INTERNATIONAL LTD., and ARGUS INTERNATIONAL INC., Defendants.

Court of Chancery of Delaware.

Decided May 29, 2015.


Attorney(s) appearing for the Case

Joanne P. Pinckney and Seton C. Mangine , of PINCKNEY, WEIDINGER, URBAN & JOYCE LLC, Wilmington, Delaware, Attorneys for Plaintiff.

John G. Harris and David Anthony , of BERGER HARRIS LLP, Wilmington, Delaware, Attorneys for Defendants.


MEMORANDUM OPINION

As of 2013, Defendant Yaping Liu was a one-third owner of the equity in, and CFO and a director of, Base Optics, Inc. ("Base Optics"), a Delaware corporation involved in optics design and sales. She was also the sole owner of Defendant Argus International LTD ("Argus...

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