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PALMER v. REALI

Civ. No. 15-994-SLR.

211 F.Supp.3d 655 (2016)

John L. PALMER, as Liquidation Trustee for the Baxano Liquidation Trust, Plaintiff, v. Kenneth REALI and Joseph P. Slattery, Defendants.

United States District Court, D. Delaware.

Signed September 29, 2016.

Editors Note
Applicable Law: 28 U.S.C. § 1332
Cause: 28 U.S.C. § 1332 Diversity - Breach of Fiduciary Duty
Nature of Suit: 160 Stockholders Suits
Source: PACER

Attorney(s) appearing for the Case

Jessica Zeldin, Esquire of Rosenthal, Monhait & Goddess, P.A., Wilmington, Delaware. Counsel for Plaintiff. Of Counsel: James M. Evangelista, Esquire of Harris Penn Lowry LLP.

Peter J. Walsh, Jr., Esquire and Jonathan A. Choa, Esquire of Potter Anderson & Corroon, LLP, Wilmington, Delaware. Counsel for Defendants. Of Counsel: John F. Cannon, Esquire , Stephen L. Ram, Esquire , and Aaron C. Humes, Esquire of Stradling Yocca Carlson & Rauth, P.C.

MEMORANDUM OPINION

I. INTRODUCTION

Plaintiff John Palmer ("plaintiff") is the liquidation trustee for the Baxano Liquidation Trust ("the Trust"). On October 30, 2015, plaintiff filed a complaint alleging that defendants Kenneth Reali ("Reali") and Joseph Slattery ("Slattery") (collectively "defendants...

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