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SOLEIMANI v. HAKKAK

C.A. No. 2023-0948-LWW.

ISAAC SOLEIMANI and INE Soleimani LP, a Delaware Limited Partnership, Plaintiffs, v. ANDRE HAKKAK, DARIUS MOZAFFARIAN, BARBARA McKEE, DAVID HACKETT, AND HALLE BENETT, Defendants, and WHITE OAK HEALTHCARE FINANCE, LLC, A Delaware Limited Liability Company, WHITE OAK HEALTHCARE FINANCE DIRECT, LLC, a Delaware Limited Liability Company, WHITE OAK HEALTHCARE MOB, LLC, a Delaware Limited Liability Company, WHITE OAK H-ALTERNATIVE, LLC, a Delaware Limited Liability Company, WHITE OAK HEALTHCARE REAL ESTATE SALE-LEASEBACK, LLC, a Delaware Limited Liability Company, and WHITE OAK REAL ESTATE DEBT, LP, a Delaware Limited Partnership, Nominal Defendants.

Court of Chancery of Delaware.

Decided: April 12, 2024.

Attorney(s) appearing for the Case

Brian C. Ralston , T. Brad Davey , Charles P. Wood , and Abraham C. Schneider , POTTER ANDERSON & CORROON LLP, Wilmington, Delaware; Douglas P. Baumstein and Ellen Shapiro , MINTZ, LEVIN, COHN, FERRIS, GLOVSKY AND POPEO, P.C., New York, New York; Counsel for Plaintiffs Isaac Soleimani and INE Soleimani LP.

Blake Rohrbacher , Mari Boyle , and Morgan R. Harrison , RICHARDS, LAYTON & FINGER, P.A., Wilmington, Delaware; Anthony M. Candido , CLIFFORD CHANCE US LLP, New York, New York; Counsel for Defendants Andre Hakkak, Darius Mozaffarian, Barbara McKee, David Hackett, Halle Benett, Nominal Defendants White Oak Healthcare Finance, LLC, White Oak Healthcare Finance Direct, LLC, White Oak Healthcare MOB, LLC, White Oak H-Alternative, LLC, White Oak Healthcare Real Estate Sale-Leaseback, LLC, and White Oak Real Estate Debt, LP.

MEMORANDUM OPINION

This case concerns whether the defendants' attempted termination of Isaac Soleimani as an employee and manager of several limited liability companies was effective to remove him under the entities' governing agreements. The agreements, which were negotiated by sophisticated parties represented...

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