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delaware ruling in jetdirect case

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IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE CML V, LLC, individually and derivatively on behalf of JetDirect Aviation Holdings, LLC, Plaintiff, v. JOHN BAX, GREGORY S. CAMPBELL, LOUIS CAPPELLI, JANE GARVEY, STEVEN M. HANKIN, PAUL M. HARRINGTON, DONALD HEBB, JEFFREY P. KELLY, JAMES W. MARLEY, ROBERT P. PINKAS, PETER SINATRA, STEPHANIE ZIMMERMAN, and JETDIRECT AVIATION HOLDINGS, LLC, Defendants, and JETDIRECT AVIATION HOLDINGS, LLC,  Nominal Defendant. ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) C.A. No. 5373-VCL OPINION Submitted: October 7, 2010 Decided: November 3, 2010 David A. Jenkins, Michele C. Gott, SMITH, KATZENSTEIN & FURLOW LLP, Wilmington, Delaware; Joseph DiBenedetto, Michael J. Friedman, WINSTON & STRAWN LLP, New York, New York; Attorneys for Plaintiff CML V, LLC. Kevin S. Mann, CROSS & SIMON, LLC, Wilmington, Delaware; Brian E. O’Connor, Dan C. Kozusko, Timothy J. McGinn, WILLKIE FARR & GALLAGHER LLP, New York, New York; Attorneys for Defendants John Bax and Steven M. Hankin.

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