DEUTSCHE BANK AG v. DEVON PARK BIOVENTURES, L.P.

C.A. No. 2017-0822-SG.

DEUTSCHE BANK AG, Plaintiff, v. DEVON PARK BIOVENTURES, L.P., DEVON PARK ASSOCIATES, L.P., SEBASTIAN HOLDINGS, INC., and UNIVERSAL LOGISTIC MATTERS, S.A., Defendants. DEVON PARK BIOVENTURES, L.P., Counterclaim Plaintiff, v. DEUTSCHE BANK AG, Counterclaim Defendant, and SEBASTIAN HOLDINGS, INC. and UNIVERSAL LOGISTIC MATTERS, S.A., Cross-Claim Defendants.

Court of Chancery of Delaware.

Decided: January 29, 2025.


Attorney(s) appearing for the Case

Stephen C. Norman and Aaron R. Sims, of POTTER ANDERSON & CORROON LLP, Wilmington, Delaware; OF COUNSEL: David G. Januszewski, Sheila C. Ramesh, and Sesi V. Garimella, of CAHILL GORDON & REINDEL LLP, New York, New York, Attorneys for Plaintiff and Counterclaim Defendant Deutsche Bank AG.

James M. Yoch, Jr. and Kevin P. Rickert, of YOUNG CONAWAY STARGATT & TAYLOR, LLP, Wilmington, Delaware; OF COUNSEL: Kevin C. Maclay, Todd E. Phillips, Quincy M. Crawford, and Nathaniel R. Miller, of CAPLIN & DRYSDALE, CHARTERED, Washington, DC, Attorneys for Defendant, Counterclaim Plaintiff, and Cross-Claim Plaintiff Devon Park Bioventures, L.P. and Defendant Devon Park Associates, L.P.

William M. Kelleher and Phillip A. Giordano, of GORDON, FOURNARIS & MAMMARELLA, P.A., Wilmington, Delaware, Attorneys for Defendant Sebastian Holdings, Inc.

K. Tyler O'Connell, Albert J. Carroll, R. Eric Hacker, and Samuel E. Bashman, of MORRIS JAMES LLP, Wilmington, Delaware, Attorneys for Defendant CPR Management, S.A., f.k.a. Universal Logistic Matters, S.A.


MEMORANDUM OPINION

This is the latest installment in this long-running Delaware action in which Plaintiff Deutsche Bank AG ("Deutsche") seeks to collect a judgment against Defendant Sebastian Holdings, Inc. ("Sebastian...

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