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COMPOSECURE, L.L.C. v. CARDUX, LLC

No. 177, 2018.

213 A.3d 1204 (2019)

COMPOSECURE, L.L.C., Plaintiff/Counterclaim Defendant-Below, Appellant, v. CARDUX, LLC f/k/a Affluent Card, LLC, Defendants/Counterclaim Plaintiff-Below, Appellee.

Supreme Court of Delaware.

Decided: July 24, 2019.

Attorney(s) appearing for the Case

Myron T. Steele, Esquire , Arthur L. Dent, Esquire , Andrew H. Sauder, Esquire , Potter Anderson & Corroon LLP, Wilmington, Delaware. Of Counsel: Steven M. Coren, Esquire , David M. DeVito, Esquire , Kaufman, Coren & Ress, P.C., Philadelphia, Pennsylvania for Appellants.

David J. Margules, Esquire , Elizabeth A. Sloan, Esquire , Jessica C. Watt, Esquire , Ballard Spahr LLP, Wilmington, Delaware; Burt M. Rublin, Esquire , Ballard Spahr LLP, Philadelphia, Pennsylvania for Appellees.

Before VALIHURA, VAUGHN, and SEITZ, Justices.

CompoSecure, L.L.C., a manufacturer of metal credit cards, has been seeking to invalidate the Sales Representative Agreement (the "Sales Agreement") it signed with CardUX, LLC. The Court of Chancery held in a February 1, 2018 post-trial decision that the Sales Agreement had not been properly approved under CompoSecure's Amended...

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