DIEP v. TRIMARAN POLLO PARTNERS, L.L.C.

No. 313, 2021.

280 A.3d 133 (2022)

Kevin DIEP, derivatively ON BEHALF OF EL POLLO LOCO HOLDINGS, INC., Plaintiff Below, Appellant, v. TRIMARAN POLLO PARTNERS, L.L.C., Defendant Below, Appellee, and El Pollo Loco Holdings, Inc., Nominal Defendant Below, Appellee.

Supreme Court of Delaware.

Decided: June 28, 2022.


Attorney(s) appearing for the Case

Ralph N. Sianni, Esquire , ANDERSEN SLEATER SIANNI LLC, Wilmington, Delaware, Hung G. Ta, Esquire (argued), JooYun Kim, Esquire , Natalia D. Williams, Esquire , HGT LAW, New York, New York, and Peter Safirstein, Esquire , SAFIRSTEIN METCALF LLP, New York, New York, for Plaintiff Below, Appellant Kevin Diep, derivatively on behalf of El Pollo Loco Holdings, Inc.

Kurt M. Heyman, Esquire , Jamie L. Brown, Esquire , HEYMAN ENERIO GATTUSO & HIRZEL LLP, Wilmington, Delaware, Adam H. Offenhartz, Esquire (argued), GIBSON, DUNN & CRUTCHER LLP, New York, New York, and Tyler H. Amass, Esquire , GIBSON, DUNN & CRUTCHER LLP, Denver, Colorado, for Defendant Below, Appellee Trimaran Pollo Partners, L.L.C., and Nominal Defendant Below, Appellee El Pollo Loco Holdings, Inc.

Before SEITZ, Chief Justice; VALIHURA, VAUGHN, TRAYNOR, and MONTGOMERY-REEVES, Justices, constituting the Court en Banc.


El Pollo Loco is a fast casual Mexican-inspired restaurant chain specializing in fire-grilled, citrus-marinated fresh chicken and other dishes prepared in front of the customer. Kevin Diep, a stockholder of El Pollo Loco Holdings, Inc. ("EPL"), filed derivative claims against some members of EPL's board of...

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