DG BF, LLC v. Michael Ray

• Court: Supreme Court of Delaware
• Decided: March 13, 2023
• Docket: 272, 2022
• Status: Published

Opinion

IN THE SUPREME COURT OF THE STATE OF DELAWARE

DG BF, LLC, a Delaware limited § liability company, individually and § derivatively on behalf of AMERICAN § GENERAL RESOURCES LLC, a § No. 272, 2022 Delaware limited liability company; and § JEFF A. MENASHE, individually and § derivatively on behalf of AMERICAN § GENERAL RESOURCES LLC, a § Court Below: Court of Chancery Delaware limited liability company, § of the State of Delaware § Plaintiffs Below, Appellants, § § v. § C.A. No. 2020-0459 § MICHAEL RAY, an individual, and § VLADIMIR EFROS, an individual, and § AMERICAN GENERAL RESOURCES, § LLC, a Delaware limited liability § company, § § Defendants Below, Appellees, § § and § § AMERICAN GENERAL RESOURCES § LLC, a Delaware limited liability § company, § § Nominal Defendant Below, § Appellee. §

Submitted: February 8, 2023 Decided: March 13, 2023

Before VALIHURA, VAUGHN, and TRAYNOR, Justices.

ORDER

This 13th day of March 2023, having considered this matter on the briefs and oral

arguments of the parties and the record below, 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

Order and Final Judgment dated July 7, 2022, the Order of Dismissal dated November 19,

2021, the Letter Decision on Defendants’ Application for Attorneys’ Fees and Costs dated

May 23, 2022, as well as the underlying orders from which an appeal was taken as listed

in Appellants’ Notice of Appeal dated August 5, 2022;

NOW, THEREFORE, IT IS ORDERED that the decisions of the Court of Chancery

be and the same hereby are AFFIRMED.

BY THE COURT:

/s/ Karen L. Valihura Justice