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PROJECT BOAT HOLDINGS, LLC v. BASS PRO GROUP, LLC

C.A. No. 12606-VCS.

PROJECT BOAT HOLDINGS, LLC, Plaintiff, v. BASS PRO GROUP, LLC, Defendant.

Court of Chancery of Delaware.

Decided: May 29, 2019.

Revised: June 4, 2019.

Attorney(s) appearing for the Case

John A. Sensing Esquire , of Potter Anderson & Corroon LLP, Wilmington, Delaware and Mark S. Baldwin, Esquire , Dylan P. Kletter Esquire , and Anthony J. Boccamazzo Esquire , of Brown Rudnick LLP, Hartford, Connecticut, Attorneys for Plaintiff Project Boat Holdings, LLC.

S. Mark Hurd, Esquire and Richard Li Esquire , of Morris, Nichols, Arsht & Tunnell LLP, Wilmington, Delaware and Mike Stenglein Esquire , and Tracey M. Robertson Esquire , of King & Spalding LLP, Houston, Texas, Attorneys for Defendant Bass Pro Group, LLC.

MEMORANDUM OPINION

On February 10, 2015, Project Boat Holdings LLC ("Project Boat"), a manufacturer of recreational boats, sold three brands of its bass fishing boats to Bass Pro Group LLC ("Bass Pro"), a national outdoor recreational equipment retailer, for $260,000,000. After the sale, Bass Pro discovered that...

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