ThinkEquity Partners, LLC v. Datatel, Inc.

ThinkEquity Partners, LLC v. Datatel, Inc.


The issue raised by this Motion for Summary Judgment is whether the transfer of a controlling block of shares in defendant Datatel, Inc. constitute a “Sale Transaction” within the meaning of a contract, which required defendant Datatel, Inc. to pay Plaintiff ThinkEquity, LLC 3/4% of the sale price of the company upon the consumation of a "Sale Transaction." The motion specifically addresses the distinction, or lack thereof, between the terms "voting control" and "50% or more of the voting power" of a corporation.

LOADING PDF: If there are any problems, click here to download the file.

Written by:

Published In:

Reference Info:Legal Memoranda: Motions for Summary Judgment/Adjudication | Federal, 9th Circuit, California | United States

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© MBV Law LLP | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »

All the intelligence you need, in one easy email:

Great! Your first step to building an email digest of JD Supra authors and topics. Log in with LinkedIn so we can start sending your digest...

Sign up for your custom alerts now, using LinkedIn ›

* With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name.