Genelux Corporation v. Roeder
This text of Genelux Corporation v. Roeder (Genelux Corporation v. Roeder) is published on Counsel Stack Legal Research, covering Supreme Court of Delaware primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
IN THE SUPREME COURT OF THE STATE OF DELAWARE
GENELUX CORPORATION and § RONALD SIMUS, § No. 631, 2015 § Plaintiffs Below- § Cross-Appellees, § Court Below: Court of Chancery § of the State of Delaware v. § § C.A. No. 10042-VCM ALBERT ROEDER and BYRON § GEORGIOU, § § Defendants Below- § Cross-Appellants, § § and § § DR. ALADAR SZALAY, § § Intervenor Below- § Cross-Appellant. §
Submitted: June 9, 2016 Decided: June 9, 2016
Before STRINE, Chief Justice; HOLLAND, VALIHURA, VAUGHN, and SEITZ, Justices, constituting the Court en Banc.
ORDER
This 9th day of June 2016, having considered this matter on the briefs, the
plaintiffs’ motion to supplement the cross-appeal to show mootness, and the
defendants’ response to that motion, we find it evident that: Only one narrow issue
remains on this cross-appeal, which is whether the Court of Chancery abused its discretion by not awarding a more generous fee-shifting award to the defendants.
The plaintiffs argue that even that issue is now moot because they have made a full
payment of the financial amounts in controversy. The only response to that
contention is that this case presents one of the rare situations when this court
should consider a moot dispute because the underlying issue is sufficiently
important, will likely recur, and could evade review if we do not act now. We
disagree. This cross-appeal now raises only a moot issue about whether the Court
of Chancery properly exercised its case-specific discretion in applying settled
principles of law. There being no financial consequences left in controversy, the
case is moot and the cross-appeal is dismissed on that basis. IT IS SO ORDERED.
BY THE COURT: /s/ Leo E. Strine, Jr. Chief Justice
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