Case Title: Contrarian Funds, L.L.C. v. Westpoint International, Inc.

Citation: 

Docket Number: 769, 2010

State: delaware

Court: Delaware Supreme Court

Date: 2011-08-03T00:00:00Z

Document:
IN THE SUPREME COURT OF THE STATE OF DELAWARE 
 
CONTRARIAN FUNDS L.L.C., a 
§ 
limited liability company organized 
§  No. 769, 2010 
and existing under the laws of   
§ 
Delaware, et al., 
 
 
 
§  Court Below – Court of Chancery 
 
 
 
 
 
 
§  of the State of Delaware 
 
Plaintiffs Below,  
 
§  C.A. No. 2617 
 
Appellants,  
 
 
§ 
 
 
 
 
 
 
§ 
 
v. 
 
 
 
 
§ 
 
 
 
 
 
 
§ 
WESTPOINT INTERNATIONAL,  § 
INC., a corporation organized and 
§ 
existing under the laws of Delaware, § 
et al.,  
 
 
 
 
§ 
 
 
 
 
 
 
§ 
 
Defendants Below, 
 
 
§ 
 
Appellees.  
 
 
§ 
 
 
 
 
 
    Submitted:  July 27, 2011 
 
 
 
 
       Decided:  August 3, 2011 
 
Before STEELE, Chief Justice, HOLLAND, BERGER, JACOBS and 
RIDGELY, Justices, constituting the Court en Banc. 
 
O R D E R 
 
 
This 3rd day of August, 2011, it appears to the Court that: 
 
1) 
The Court has considered this matter after briefing and oral 
argument by the parties. 
 
2) 
The Court of Chancery entered a final judgment on November 
16, 2010 after granting the defendants/appellees’ Motion to Dismiss Verified 
Modified Third Amended Complaint and granting the defendants/appellees’ 
2 
 
Motion to Vacate (As Moot and on the Merits) Partial Summary Judgment 
On Old Count III Of the Verified Second Amended Complaint. 
 
3) 
We have concluded that the final judgment entered by the Court 
of Chancery on November 16, 2010 should be affirmed on the basis of its 
bench ruling on November 3, 2010 (a copy of which is attached), applying 
and interpreting In re Westpoint Stevens, Inc.1 
 
NOW, THEREFORE, IT IS HEREBY ORDERED that the judgment 
of the Court of Chancery is AFFIRMED. 
 
 
 
 
 
BY THE COURT: 
 
 
 
 
 
 
/s/ Randy J. Holland 
 
 
 
 
 
Justice 
                                          
 
1 In re Westpoint Stevens, Inc., 600 F.3d 231 (2d Cir. 2010).