Title: Quadrant Structured Products Co., LTD. v. Vertin, et al.

State: delaware

Issuer: Delaware Supreme Court

Document:

IN THE SUPREME COURT OF THE STATE OF DELAWARE

 

QUADRANT STRUCTURED
PRODUCTS CO., LTD. No, 338, 2012
Individually and Derivatively on
behalf of Athilon Capital Corp., Court Below: Court of Chancery of
the State of Delaware
Plaintiff Below,
‘Appellant, C.A. No. 6990,

‘VINCENT VERTIN, MICHAEL
SULLIVAN, PATRICK B.
GONZALEZ, BRANDON JUNDT,
J. ERIC WAGONER, ATHILON
CAPITAL CORP., ATHILON
STRUCTURED INVESTMENT
ADVISORS LLC, EBF &
ASSOCIATES, LP,

Defendants Below,
Appellees.

Submitted: June 10, 2014
Decided: June 18, 2014

Before HOLLAND, BERGER, JACOBS and RIDGELY, Justices, and SCOTT,
Judge’ constituting the Court en Banc.

ORDER

This 18" day of June 2014, it appears to the Court that the Court of

 

Chancery’s judgment dismissing the complaint of the appellant Quadrant
Structured Products Co., Ltd. is reversed, except as to those claims arising from the

* Sitting by designation pursuant to art. IV, § 12 of the Delaware Constitution and Delaware
‘Supreme Court Rules 2 and 4(a) to constitute the quorum require.
Indenture (Counts VII and VIII and part of Count X) on the basis of the Vice
Chancellor's report dated June 20, 2013 and the Opinion of the New York Court of
Appeals dated June 10, 2014. We remand the case for further proceedings.

NOW, THEREFORE, IT IS ORDERED that the judgment of the Court of
Chancery is REVERSED in part and REMANDED. The Clerk is directed to issue
the mandate immediately.

BY THE COURT:

(s/Jack B. Jacobs

Justice