VH5 CAPITAL, LLC v. RABE

C.A. No. 2020-0315-NAC.

VH5 CAPITAL, LLC, Plaintiff, v. JEREMIAH RABE, Defendant.

Court of Chancery of Delaware.

Date Decided: June 30, 2023.


Attorney(s) appearing for the Case

Thomas G. Macauley , MACAULEY LLC, Wilmington, Delaware; Counsel for Plaintiff VH5 Capital, LLC.

David G. Holmes , CROSS & SIMON, LLC, Wilmington, Delaware; Counsel for Defendant Jeremiah Rabe.


POST-TRIAL MEMORANDUM OPINION

In October 2017, a limited liability company called On Point Loyalty, LLC (or "OPL" for short) was formed to provide consulting services to companies operating airline loyalty programs. OPL had two members: Jeremiah Rabe, a long-time executive in the airline loyalty business, and VH5 Capital, LLC...

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