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VALLEY JOIST BD HOLDINGS v. EBSCO INDUS.

No. 105, 2021.

269 A.3d 984 (2021)

VALLEY JOIST BD HOLDINGS, LLC, a Delaware limited liability company, Plaintiff Below, Appellant, v. EBSCO INDUSTRIES, INC., Defendant Below, Appellee.

Supreme Court of Delaware.

Decided: December 20, 2021.

Attorney(s) appearing for the Case

Joseph B. Cicero, Esquire , Aidan T. Hamilton, Esquire , CHIPMAN BROWN CICERO & COLE, LLP, Wilmington, Delaware; Jeffrey H. Zaiger, Esquire , Judd Lindenfeld, Esquire , ZAIGER LLC, Stamford, Connecticut; for Appellant Valley Joist BD Holdings, LLC.

John P. DiTomo, Esquire , Sara Toscano, Esquire , MORRIS, NICHOLS, ARSHT, & TUNNELL LLP, Wilmington, Delaware; for Appellee EBSCO Industries, Inc.

Before VAUGHN, TRAYNOR and MONTGOMERY-REEVES, Justices.

This appeal arises from a dispute over a Stock Purchase Agreement ("SPA") formed between Valley Joist BD Holdings, LLC ("VJ Holdings") and EBSCO, Industries Inc. ("EBSCO"). In December 2017, EBSCO sold all of its stock in Valley Joist, Inc. to VJ Holdings. After closing, VJ Holdings discovered structural defects in one...

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