Case Title: Araneta, et al. v. Atr-Kim Eng Financial Corp.

Citation: 

Docket Number: 60, 2007

State: delaware

Court: Delaware Supreme Court

Date: 2007-06-14T00:00:00Z

Document:
IN THE SUPREME COURT OF THE STATE OF DELAWARE 
 
CARLOS R. ARANETA, HUGO 
§  
BONILLA and LIZA BERENGUER, §   No. 60, 2007 
 
 
 
 
 
 
§  
 
Defendants Below, 
 
 
§  Court Below—Court of Chancery 
 
Appellants,  
 
 
§  of the State of Delaware, 
 
 
 
 
 
 
§  in and for New Castle County  
 
v. 
 
 
 
 
§  C.A. No. 489 
 
 
 
 
 
 
§  
ATR-KIM ENG FINANCIAL   
§  
CORPORATION and ATR-KIM 
§  
ENG CAPITAL PARTNERS, INC., §  
 
 
 
 
 
 
§  
 
Plaintiffs Below,  
 
§  
 
Appellees.  
 
 
§  
 
 
 
 
 
   Submitted:  June 13, 2007 
 
 
 
 
     Decided:  June 14, 2007 
 
Before HOLLAND, BERGER and JACOBS, Justices. 
 
This 14th of June 2007, the Court having considered this matter after 
briefing and oral argument, has determined the appeal is without merit 
because:  to the extent the issues raised on appeal are factual, the record 
evidence supports the trial judge’s factual findings; to the extent the errors 
alleged on appeal are attributed to an abuse of discretion, the record does not 
support those assertions; and to the extent that the issues raised on appeal are 
legal, they are controlled by settled Delaware law, which was properly 
applied.  Therefore, this Court has concluded that the final judgment of the 
Court of Chancery should be affirmed on the basis of and for the reasons 
assigned by the Court of Chancery in its decision dated December 21, 2006. 
NOW, THEREFORE, IT IS HEREBY ORDERED that the final 
judgment of the Court of Chancery, entered on January 10, 2007, is, 
AFFIRMED. 
 
 
 
 
 
BY THE COURT: 
 
 
 
 
 
 
 
/s/ Randy J. Holland 
 
 
 
 
 
Justice