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  • Aureus Holdings, LLC v. Kubient, Inc.

    Publication Date: 2021-09-15
    Practice Area: Deals and Transactions
    Industry: Advertising | Technology Media and Telecom
    Court: Delaware Superior Court
    Judge: Judge Davis
    Attorneys: For plaintiff: Larry R. Wood, Jr., Brandon W. McCune, Blank Rome LLP, Wilmington, DE for plaintiff.
    for defendant: Rudolf Kock, Travis S. Hunter, Nicole K. Pedi, Valeria A. Caras, Richards, Layton & Finger, P.A., Wilmington, DE for defendant.
    Case Number: D69538

    Defendant adequately stated a counterclaim for breach of contract, but the court granted plaintiff's motion to dismiss the counterclaim for fraud in the inducement.

  • Aureus Holdings, LLC v. Kubient, Inc.

    Publication Date: 2021-08-25
    Practice Area: Mergers and Acquisitions
    Industry: Advertising | E-Commerce | Investments and Investment Advisory
    Court: Delaware Superior Court
    Judge: Judge Davis
    Attorneys: For plaintiff: Larry R. Wood, Jr., Brandon W. McCune, Blank Rome LLP, Wilmington, DE for plaintiff.
    for defendant: Rudolf Koch, Travis S. Hunter, Nicole K. Pedi, Valerie A. Caras, Richards, Layton & Finger, P.A., Wilmington, DE for defendant.
    Case Number: D69510

    Court declined to dismiss unjust enrichment/tortious interference claims where plaintiff alleged that defendant acted in bad faith to siphon plaintiff's customers and business development efforts, and where the parties' binding letter of intent only governed the parties' duties to create a final acquisition agreement.