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· 4/27/2007

NAMA Holdings, LLC v. Related World Market Center, LLC

Citations

  • 922 A.2d 417
  • 2007 Del. Ch. LEXIS 54
  • 2007 WL 1500027

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • recognizing that NAMA's \right to inspect books and records\ stood alone, separate from issues that must be arbitrated
  • holding where “an alleged injury still exists despite the occurrence of intervening events, a justiciable controversy remains, and the mootness doctrine will not operate to deprive a court of jurisdiction to hear the case.”
  • explaining that any benefits a party received from a contract with an arbitration clause were “strictly indirect” because of the structure of the party’s ownership interest—the party was the principal investor in the organization which owned a signatory to the contract
  • finding nonsignatory not bound by arbitration clause unless conferred with signatory status under common law
  • finding third-party beneficiary had standing to bring a claim under one section of the contract only
  • “[T]he strong public policy in favor of arbitration embodied in federal law is given equal respect in this State…”

Source: CourtListener parenthetical corpus (CC0).

Judges: Lamb

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.