• Searchlight CST, L.P. v. MediaMath Holdings, Inc.

    Publication Date: 2020-10-14
    Practice Area: Contracts
    Industry: Advertising | Investments and Investment Advisory | Technology Media and Telecom
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Eric D. Schwartz, Thomas W. Briggs, Jr., Thomas P. Will, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Eric D. Winston, Kristen Bird, Bennett Murphy, Quinn Emanuel Urquhart & Sullivan LLP, Los Angeles, CA for plaintiff.
    for defendant: Richard I.G. Jones, Jr., Michael W. McDermott, David B. Anthony, Peter C. McGivney, Berger Harris LLP, Wilmington, DE; David H. Wollmuth, R. Scott Thompson, Brad J. Axelrod, Joshua M. Slocum, John R. Hein, Wollmuth Maher & Deutsch LLP, New York, NY for defendant.

    Case Number: D69156

    Under the unambiguous terms of the parties' agreement, defendant did not need plaintiff's consent to enter into a new loan transaction.