William Brian Derge v. D&H United Fueling Solutions, Inc.

CourtCourt of Chancery of Delaware
DecidedDecember 8, 2025
DocketC.A. No. 2025-0087-BWD
StatusPublished

This text of William Brian Derge v. D&H United Fueling Solutions, Inc. (William Brian Derge v. D&H United Fueling Solutions, Inc.) is published on Counsel Stack Legal Research, covering Court of Chancery of Delaware primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
William Brian Derge v. D&H United Fueling Solutions, Inc., (Del. Ct. App. 2025).

Opinion

COURT OF CHANCERY OF THE STATE OF DELAWARE BONNIE W. DAVID COURT OF CHANCERY COURTHOUSE VICE CHANCELLOR 34 THE CIRCLE GEORGETOWN, DE 19947

Date Submitted: November 19, 2025 Date Decided: December 8, 2025

Michael W. McDermott, Esquire Megan Ward Cascio, Esquire Periann Doko, Esquire Rachel R. Tunney, Esquire Berger McDermott LLP Morris, Nichols, Arsht & Tunnell LLP 1105 N. Market Street, Suite 1100 1201 N. Market Street, P.O. Box 1347 Wilmington, DE 19801 Wilmington, DE 19899

RE: William Brian Derge v. D&H United Fueling Solutions, Inc., et al., C.A. No. 2025-0087-BWD

Dear Counsel:

D&H United Fueling Solutions, Inc. (“D&H”) acquired TN Holdings, Inc.

(“TN Holdings,” and with D&H, “Defendants”) and TN Holdings’ subsidiary,

Tanknology, Inc. (“Tanknology”), in a merger. As part of the sale, D&H required

Tanknology’s top executives, including its Chief Operating Officer (“COO”),

William Brian Derge (“Plaintiff”), to sign restrictive covenant agreements at closing.

Plaintiff received nearly $1 million in consideration in exchange for his stock in the

merger.

Approximately eighteen months later, Plaintiff filed suit seeking a

declaration that the non-compete provision in his restrictive covenant agreement is

“void and unenforceable as a matter of law.” The parties have cross-moved for William Brian Derge v. D&H United Fueling Solutions, Inc., et al., C.A. No. 2025-0087-BWD December 8, 2025 Page 2 of 21

summary judgment on that issue. For reasons explained below, the Court concludes

that the non-compete is enforceable.

I. BACKGROUND

A. D&H Acquires TN Holdings And Plaintiff Signs A Restrictive Covenant Agreement Containing A Non-Compete.

TN Holdings, a Delaware corporation, is a holding company with its principal

place of business in Austin, Texas. Verified Compl. for Declaratory Relief

[hereinafter Compl.] ¶¶ 2, 6, Dkt. 1; Answer to Verified Compl. for Declaratory

Relief [hereinafter Answer] ¶¶ 2, 6, Dkt. 4. TN Holdings owns Tanknology, a

Delaware corporation that provides tank testing and environmental compliance

services for petroleum systems in the United States and internationally. Compl.

¶¶ 9–10; Answer ¶¶ 9–10; Unsworn Decl. of Tracy Long [hereinafter Long Decl.]

¶ 4, Dkt. 8.1

1 The Court has considered a declaration submitted by Tracy Long, the Chief Executive Officer of D&H, despite Plaintiff’s arguments that the Court should disregard the declaration because it was not submitted in the form of a sworn affidavit. See 10 Del. C. § 5354(a) (“Except as otherwise provided in subsection (b) of this section, if a law of this State requires or permits use of a sworn declaration, an unsworn declaration meeting the requirements of this chapter has the same effect as a sworn declaration.”); 10 Del. C. § 5356 (“An unsworn declaration under this chapter must be in substantially the following form[.]”); Long Decl. at 1 (complying with form under Section 5356 by “declar[ing] under penalty of perjury under the laws of Delaware that the following is true and correct”). William Brian Derge v. D&H United Fueling Solutions, Inc., et al., C.A. No. 2025-0087-BWD December 8, 2025 Page 3 of 21

Plaintiff served as Tanknology’s COO from June 2015 to July 31, 2024.

Compl. ¶ 2; Answer ¶ 2; Long Decl. ¶ 5. In that role, Plaintiff “managed all aspects

of the domestic US storage tank compliance business lines” and “negotiated and

managed vendor and supplier relationships”—responsibilities that, according to

Defendants, made him “a key executive of Tanknology.” Compl. ¶ 13; Long Decl.

¶¶ 5–6; see also Aff. of Yury Kapko [hereinafter Yury Aff.] ¶ 6, Dkt. 14. Plaintiff

also owned 200 shares of Class A common stock and 200 shares of Class B common

stock of TN Holdings. Long Decl. ¶ 8. Plaintiff’s shares “were non-transferable,

were only vested upon sale, and [were] contingent upon employment at the time of

the sale.” Second Aff. of William Brian Derge [hereinafter Derge Aff.] ¶ 5, Dkt. 12.

On June 30, 2023, D&H acquired TN Holdings in a merger (the “Merger”)

pursuant to an Agreement and Plan of Merger (the “Merger Agreement”). Long

Decl., Ex. A [hereinafter Merger Agt.] at 1; Compl. ¶ 2; Answer ¶ 2. Though

Plaintiff’s shares represented just 0.73% of TN Holdings’ Class A common stock,

Plaintiff executed a written consent approving the Merger. Derge Aff. ¶ 5; Merger

Agt., Ex. L.2 In exchange for his shares in the Merger, Plaintiff received

2 Plaintiff’s signature page is attached as an exhibit to the Merger Agreement. Merger Agt., Derge’s Signature/Signed Copy of Page 322. William Brian Derge v. D&H United Fueling Solutions, Inc., et al., C.A. No. 2025-0087-BWD December 8, 2025 Page 4 of 21

$965,820.07, including $150,000 that he rolled over as equity in the surviving entity.

Derge Aff. ¶ 6; Long Decl. ¶ 9; Yury Aff. ¶ 11.

The Merger Agreement stated that,

[c]oncurrently with the execution and delivery of this Agreement, and as a condition and inducement to the willingness of [D&H] and [its merger subsidiary] to enter into this Agreement, the Persons set forth on Exhibit B are each executing and delivering a restrictive covenant agreement in the form of Exhibit B-1 (each, a “Restrictive Covenant Agreement” and collectively, the “Restrictive Covenant Agreements”3) pursuant to which such Persons agree to certain restrictive covenants pursuant to the terms and conditions set forth therein.

Merger Agt. at 1. Exhibit B listed seven entities or individuals, including Plaintiff.

Id., Ex. B. Section 3.1 of the Merger Agreement required TN Holdings to “deliver

or cause to be executed and/or delivered” the Restrictive Covenant Agreements “[a]t

the [June 30, 2023] Closing.” Id. § 3.1.

The same day the Merger Agreement was executed, Plaintiff and D&H

entered into a Restrictive Covenant Agreement governed by Delaware law (the

“Agreement”).4 Merger Agt. at 1; id., Ex. B.; Pl. William Brian Derge’s Mot. for

Summ. J. [hereinafter Pl.’s Mot.], Ex. 1 [hereinafter Agt.] § 9(b), Dkt. 5. The

3 This letter opinion also refers to the agreements in Exhibit B to the Merger Agreement as the “Restrictive Covenant Agreements.” 4 At the time of the Merger, Plaintiff also executed an Employment Agreement, but that agreement is not in the record. Pl.’s Mot. ¶ 2; see Compl. ¶ 2; Answer ¶ 2. William Brian Derge v. D&H United Fueling Solutions, Inc., et al., C.A. No. 2025-0087-BWD December 8, 2025 Page 5 of 21

Agreement states that Plaintiff “has agreed to accept certain restrictions as set forth

in this Agreement in order to induce [D&H] and [its merger subsidiary] to enter into

the Merger Agreement and to consummate the transactions contemplated thereby,”

and “is indirectly receiving substantial cash payments, significant benefits and other

valuable consideration on the Closing Date in connection with the transactions

contemplated by the Merger Agreement as the [Plaintiff] is a shareholder of the

Company.” Agt. at 1.

Section 2 of the Agreement, titled “Non-Competition Covenants,” provides as

follows:

(a) As material inducement to [D&H] and [its merger subsidiary] to enter into the Merger Agreement and to consummate the transactions contemplated thereby, [Plaintiff] hereby covenants and agrees for the duration of the Restrict[ed] Period not to, and to cause [Plaintiff]’s Affiliates (if applicable) not to, directly or indirectly:

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Related

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