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MILLER v. HCP & COMPANY

C.A. No. 2017-0291-SG.

CHRISTOPHER MILLER, an Individual, and CHRISTOPHER MILLER and LINDSAY MILLER as Trustees of the C & L MILLER REVOCABLE TRUST, Plaintiffs, v. HCP & COMPANY, HCP TRUMPET INVESTMENTS, LLC, HISPANIA PRIVATE EQUITY II, L.P., HISPANIA INVESTORS II, LLC, HCP PACHYDERM INVESTMENTS, INC., CARLOS SIGNORET, JASON SHAFER, MARK RUSSELL, and VICTOR MARURI, Defendants.

Court of Chancery of Delaware.

Decided: February 1, 2018.

Attorney(s) appearing for the Case

Jeremy D. Anderson , of FISH & RICHARDSON P.C., Wilmington, Delaware; OF COUNSEL: David S. Chipman , of CHIPMAN GLASSER, LLC, Denver, Colorado, Attorneys for Plaintiffs.

Tammy L. Mercer and Paul J. Loughman , of YOUNG CONAWAY STARGATT & TAYLOR, LLP, Wilmington, Delaware; OF COUNSEL: Christopher M. Mason , of NIXON PEABODY LLP, New York, New York; Carolyn G. Nussbaum , of NIXON PEABODY LLP, Rochester, New York, Attorneys for Defendants.

MEMORANDUM OPINION

Before me is the Defendants' Motion to Dismiss an action seeking relief under the implied covenant of good faith and fair dealing inhering to an LLC operating agreement. Co-plaintiff Christopher Miller1 was a cofounder of the LLC, Trumpet Search ("Trumpet"). As...

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