WENSKE v. BLUE BELL CREAMERIES, INC.

C.A. No. 2017-0699-JRS.

214 A.3d 958 (2019)

Ms. Mary Giddings WENSKE, Individually and as Trustee of the Thomas Hunter Giddings, Jr. Trust U/W/O Thomas H. Giddings Dated 5/23/2000, Plaintiffs, v. BLUE BELL CREAMERIES, INC., Blue Bell Creameries, U.S.A., Inc., Paul W. Kruse, Jim E. Kruse, Howard W. Kruse, Greg Bridges, Richard Dickson, William J. Rankin, Diana Markwardt, John W. Barnhill, Jr., Paul A. Ehlert, Dorothy McLeod MacInerney, Patricia Ryan, Defendants. and Blue Bell Creameries, L.P., Nominal Defendant.

Court of Chancery of Delaware.

Date Decided: August 28, 2019.

Corrected: August 30, 2019.


Attorney(s) appearing for the Case

Jessica Zeldin, Esquire of Rosenthal, Monhait & Goddess, P.A., Wilmington, Delaware and Scott G. Burdine, Esquire , and David E. Wynne, Esquire , of Burdine Wynne LLP, Houston, Texas, Attorneys for Plaintiffs.

Timothy R. Dudderar, Esquire of Potter Anderson & Corroon LLP, Wilmington, Delaware, Attorneys for Defendants Blue Bell Creameries, U.S.A., Inc., Jim E. Kruse, Howard W. Kruse, Richard Dickson, William J. Rankin, Diana Markwardt, John W. Barnhill, Jr., Paul A. Ehlert, Dorothy McLeod MacInerney and Patricia Ryan.

Srinivas M. Raju, Esquire and Kelly L. Freund Esquire , of Richards, Layton & Finger, P.A., Wilmington, Delaware, Attorneys for Defendants Greg Bridges and Paul W. Kruse.

Paul A. Fioravanti, Jr., Esquire and John G. Day, Esquire , of Prickett, Jones & Elliott, P.A., Wilmington, Delaware and Hugh C. Connor II, Esquire , Michael D. Anderson, Esquire , and Caleb B. Bulls, Esquire of Kelly Hart & Hallman, LLP, Fort Worth, Texas, Attorneys for Defendant Blue Bell Creameries, Inc. and Blue Bell Creameries, U.S.A., Inc.

Joseph B. Cicero, Esquire and Gregory E. Stuhlman, Esquire , of Chipman Brown Cicero & Cole, LLP, Wilmington, Delaware, Attorneys for Nominal Defendant Blue Bell Creameries, L.P.

Michael J. Maimone, Esquire and Joseph C. Schoell, Esquire , of Drinker Biddle & Reath LLP, Wilmington, Delaware, Attorneys for Special Litigation Committee of Blue Bell Creameries, L.P.


OPINION

This derivative action arises from alleged failures by Defendant, Blue Bell Creameries, Inc. ("BBGP"), as sole general partner of Nominal Defendant, Blue Bell Creameries, LLP ("Blue Bell" or the "Partnership"), to operate the Partnership in compliance with the governing standards set forth in the Partnership...

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