Title: Fox, et al. v. Paine

State: delaware

Issuer: Delaware Supreme Court

Document:

IN THE SUPREME COURT OF THE STATE OF DELAWARE 
 
SAUL A. FOX, MERCURY ASSETS,  
§ 
LLC, and MERCURY TRUST, on  
 
§ 
behalf of themselves and derivatively on 
§ 
behalf of FOX PAINE & COMPANY, 
§ 
LLC,  
 
 
 
 
 
§ 
 
 
 
 
 
 
 
§ 
 
Plaintiffs/Counterclaim  
 
§ 
No. 79, 2009 
 
Defendants-Below, 
 
 
§ 
Appellants,  
 
 
 
§ 
 
 
 
 
 
 
 
§ 
v. 
§ 
Court Below:   
§ 
Chancery Court of the 
W. DEXTER PAINE, III, 
  
 
§ 
State of Delaware, in and 
 
§ 
for New Castle County 
Defendant/Counterclaim  
 
§ 
C.A. No. 3187-VCL 
Plaintiff-Below, 
 
 
 
§ 
Appellee. 
 
 
 
 
§ 
 
Submitted:  September 30, 2009 
Decided:  October 1, 2009 
 
 
Before BERGER, JACOBS and RIDGELY, Justices. 
 
 
O R D E R 
 
This 1st day of October 2009, the Court, having considered this matter 
on the briefs and the oral argument 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 Memorandum Opinion of January 22, 2009 and its 
Order of February 5, 2009; 
 
2
NOW, THEREFORE, IT IS HEREBY ORDERED that the judgment 
of the Chancery Court be, and the same hereby is, AFFIRMED. 
 
 
 
 
 
 
BY THE COURT: 
 
 
 
 
 
 
/s/ Carolyn Berger    
 
 
 
 
 
Justice