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SNOW PHIPPS GROUP, LLC v. KCAKE ACQUISITION, INC.

C.A. No. 2020-0282-KSJM.

SNOW PHIPPS GROUP, LLC, and DECOPAC HOLDINGS INC., Plaintiffs-Counterclaim Defendants, v. KCAKE ACQUISITION, INC., KOHLBERG INVESTORS VIII-B, L.P., KOHLBERG INVESTORS VIII-C, L.P., KOHLBERG TE INVESTORS VIII, L.P., KOHLBERG TE INVESTORS VIII-B, L.P., KOHLBERG INVESTORS VIII, L.P., and KOHLBERG PARTNERS VIII, L.P., Defendants-Counterclaim Plaintiffs.

Court of Chancery of Delaware.

Decided: April 30, 2021.

Attorney(s) appearing for the Case

Michael A. Barlow , Eliezer Y. Feinstein , ABRAMS & BAYLISS LLP, Wilmington, Delaware; Andrew J. Rossman , Silpa Maruri , Sascha N. Rand , Owen F. Roberts , Jonathan J. Feder , QUINN EMANUEL URQUHART & SULLIVAN, LLP, New York, New York; Counsel for Plaintiffs-Counterclaim Defendants Snow Phipps Group, LLC and DecoPac Holdings Inc.

William M. Lafferty , Thomas W. Briggs, Jr. , Daniel T. Menken, MORRIS , NICHOLS, ARSHT & TUNNELL LLP, Wilmington, Delaware; Daniel A. Mason , PAUL, WEISS, RIFKIND, WHARTON & GARRISON LLP, Wilmington, Delaware; Andrew G. Gordon , Eric Alan Stone , Alexia D. Korberg , Adam J. Bernstein , Nina M. Kovalenko , PAUL, WEISS, RIFKIND, WHARTON & GARRISON LLP, New York, New York; Counsel for Defendants-Counterclaim Plaintiffs KCAKE Acquisition, Inc., Kohlberg Investors VIII-B, L.P., Kohlberg Investors VIII-C, L.P., Kohlberg TE Investors VIII, L.P., Kohlberg TE Investors VIII-B, L.P., Kohlberg Investors VIII, L.P., and Kohlberg Partners VIII, L.P..

MEMORANDUM OPINION

Julia Child is rumored to have once said: "A party without a cake is just a meeting." The decorated cake stands as the defining feature of celebratory gatherings and, with the exception of the adept in-home baker, the cultural trend is to outsource preparation of these celebratory centerpieces to in-store...

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