Title: Segal v. Fisk Ventures, LLC, et al.

State: delaware

Issuer: Delaware Supreme Court

Document:

IN THE SUPREME COURT OF THE STATE OF DELAWARE 
 
ANDREW SEGAL, 
 
 
§ 
 
 
 
 
 
 
§  No. 39, 2010 
 
Respondent Below, 
 
§ 
 
Appellant,  
 
 
§  Court Below – Court of Chancery, 
 
 
 
 
 
 
§  in and for New Castle County 
 
v. 
 
 
 
 
§  C.A. No. 3017 
 
 
 
 
 
 
§ 
FISK VENTURES, LLC, 
 
 
§ 
 
 
 
 
 
 
§ 
 
Petitioner Below,  
 
§ 
 
Appellee, 
 
 
 
§ 
and 
 
 
 
 
 
§ 
GENITRIX, LLC,  
 
 
§ 
 
 
 
 
 
 
§ 
 
Nominal Respondent Below, 
§ 
 
Appellee, 
 
 
 
§ 
and 
 
 
 
 
 
§ 
H. FISK JOHNSON, STEPHEN 
§ 
ROSE and WILLIAM FREUND, 
§ 
 
 
 
 
 
 
§ 
         Third-party Respondents Below,§ 
         Appellees. 
 
 
 
§ 
 
 
 
 
 
    Submitted:  July 7, 2010 
 
 
 
 
       Decided:  July 27, 2010 
 
Before HOLLAND, JACOBS and RIDGELY, Justices. 
 
O R D E R 
 
 
This 27th day of July 2010, it appears to the Court that: 
 
1) 
The Respondent, Third Party and Counterclaim Petitioner-
appellant, Andrew Segal (“Segal”), appeals from the December 23, 2009 
final judgment of the Court of Chancery that denied Segal’s motion to enjoin 
 
2
or stay the sale of intellectual property assets by Nominal Respondent-
appellee, Genitrix, LLC, and denied Segal’s motion for a temporary 
restraining order or, in the alternative, for the imposition of a constructive 
trust over the intellectual property assets and the consideration paid for such 
assets.   
2) 
Having considered this matter after oral argument and on the 
briefs filed by the parties, we have determined 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 letter opinion dated December 23, 
2009. 
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/ Randy J. Holland 
 
 
 
 
 
Justice