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RITCHIE v. HUIZENGA MANAGERS FUND, LLC

C.A. No. N17C-05-598 MMJ CCLD.

A.R. THANE RITCHIE, an individual, RITCHIE RISK-LINKED STRATEGIES, LLC, a Delaware Limited Liability Company, RITCHIE PARTNERS, LLC, a Delaware Limited Liability Company, and RITCHIE CAPITAL MANAGEMENT, LLC, a Delaware Limited Liability Company, Plaintiffs, v. HUIZENGA MANAGERS FUND, LLC, a Delaware Limited Liability Company, Defendant.

Superior Court of Delaware.

Decided: December 21, 2017.

Attorney(s) appearing for the Case

John S. Vishneski III, Esq. , Paul Walker-Bright, Esq. , Kurt F. Gwynne, Esq. , Brian M. Rostocki, Esq. , Benjamin P. Chapple, Esq. , Myron T. Steele, Esq. , John A. Sensing, Esq. , (Argued), Ryan C. Cicoski, Esq. , Attorneys for Plaintiffs.

Steven L. Caponi, Esq. , K&L Gates, LLP, Gary W. Garner, Esq. , Christopher J. Barber, Esq. , (Argued), Williams Montgomery & John Ltd., Attorneys for Defendant.

OPINION

FACTUAL AND PROCEDURAL CONTEXT

This is an indemnification case. The underlying Illinois suit arises from a dispute over the sale of securities. The parties in the instant case and the underlying case have exchanged positions. The Plaintiffs in this case...

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