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KLEIN v. SUSSMAN

C.A. No. 2020-0189-PAF.

JOHN KLEIN, Plaintiff/Counterclaim Defendant, v. JILL SUSSMAN and DOUBLE J.R., LLC, a Delaware limited liability company, Defendants/Third-Party Plaintiffs, v. BLUE WATER TRUST and SEQUEL INVESTMENTS, INC., Third-Party Defendants.

Court of Chancery of Delaware.

Decided: January 30, 2024.

Attorney(s) appearing for the Case

Gary E. Junge , Scott E. Chambers , SCHMITTINGER & RODRIGUEZ, P.A., Dover, Delaware; Attorneys for Plaintiff John Klein.

Donald L. Gouge, Jr. , DONALD L. GOUGE, JR., LLC, Wilmington, Delaware; Attorney for Defendants Jill Sussman and Double J.R., LLC.

Stephen A. Spence , MELUNEY ALLEMAN & SPENCE, LLC, Lewes, Delaware; Attorney for Third-Party Defendants Blue Water Trust and Sequel Investments, Inc.

MEMORANDUM OPINION

In 2018, John Klein and Jill Sussman decided to go into business together to buy residential properties, renovate them, and then rent or sell them. Each brought their own strengths to the endeavor. Klein was a carpenter and was willing to front cash. Sussman was an experienced real estate...

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