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SUN LIFE OF CAN. v. GRP. ONE THOUSAND ONE

C.A. NO.: N18C-07-173 AML CCLD.

206 A.3d 261 (2019)

SUN LIFE ASSURANCE COMPANY OF CANADA - U.S. OPERATIONS HOLDINGS, INC., Plaintiff, v. GROUP ONE THOUSAND ONE, LLC f/k/a Delaware Life Holdings, LLC, Defendant.

Superior Court of Delaware.

Decided: March 29, 2019.

Attorney(s) appearing for the Case

Raymond J. DiCamillo, Esquire , Travis S. Hunter, Esquire , Renee M. Mosley, Esquire of RICHARDS, LAYTON, & FINGER, P.A., Wilmington, Delaware, and Daniel M. Abuhoff, Esquire , and Matthew D. Forbes, Esquire of DEBEVOISE & PLIMPTON LLP, New York, New York, Attorneys for Plaintiff.

Robert S. Saunders, Esquire , Matthew P. Majarian, Esquire , and Daniel S. Atlas, Esquire of SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP, Wilmington, Delaware, Attorneys for Defendant.

MEMORANDUM OPINION

This dispute arose from Defendant's purchase of several of Plaintiff's subsidiaries. Plaintiff and Defendant entered into a stock purchase agreement governing the sale. Plaintiff initiated this breach of contract action against Defendant for failing to pay over a tax refund that Plaintiff...

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