Case Title: South Street Corporate, et al. v. Salovaara, et al.

Citation: 

Docket Number: 56, 2004, 58, 2004

State: delaware

Court: Delaware Supreme Court

Date: 2004-07-22T00:00:00Z

Document:
IN THE SUPREME COURT OF THE STATE OF DELAWARE 
 
SOUTH STREET CORPORATE 
 
§ 
No. 56, 2004 
RECOVERY FUND I, L.P., SOUTH  
§ 
(Consolidated Cases) 
STREET LEVERAGED CORPORATE 
§ 
RECOVERY FUND, L.P., SSP  
 
§ 
ADVISORS, L.P., and ALFRED C.  
§ 
ECKERT, III, 
 
 
 
 
§ 
 
 
 
 
 
 
 
§ 
 
 
 
Plaintiffs Below,  
§ 
 
 
 
Appellants,  
 
§ 
 
 
 
 
 
 
 
§ 
v. 
§ 
Court Below:  Court of Chancery 
§ 
of the State of Delaware  
MIKAEL SALOVAARA, 
 
 
§ 
in and for New Castle County 
 
 
 
 
 
 
 
§ 
C.A. No. 16579 
 
 
 
Defendant Below,  
§ 
 
 
 
Appellee. 
 
 
§ 
 
 
 
 
 
 
 
§ 
 
 
and 
 
 
 
 
§ 
 
 
 
 
 
 
 
§ 
SSP ADVISORS, L.P. and SSP  
 
§ 
No. 58, 2004 
PARTNERS, L.P.,  
 
 
 
§ 
 
 
 
 
 
 
 
§ 
 
 
 
Defendants Below, 
 
§ 
 
 
 
Appellants,  
 
§ 
 
 
 
 
 
 
 
§ 
v. 
§ 
Court Below:  Court of Chancery 
§ 
of the State of Delaware 
MIKAEL SALOVAARA, 
 
 
§ 
in and for New Castle County 
 
 
 
 
 
 
 
§ 
C.A. No.  20288 
 
 
 
Plaintiff Below, 
 
§ 
 
 
 
Appellee. 
 
 
§ 
 
Submitted:  July 21, 2004 
Decided:  July 22, 2004 
 
Before STEELE, Chief Justice, HOLLAND and BERGER, Justices.  
 
 
 
 
2
O R D E R 
 
 This 22nd day of July, 2004, the Court, having considered this matter 
on the arguments and briefs of the parties, and having concluded that the same 
should be affirmed on the basis of and for the reasons assigned by the Court of 
Chancery in its December 22, 2003 opinion and its orders dated January 15, 
2004, 
NOW, THEREFORE, IT IS HEREBY ORDERED that the judgment of 
the Court of Chancery be, and the same hereby is 
AFFIRMED. 
BY THE COURT: 
 
/s/ Carolyn Berger 
Justice