· 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 CourtListenerSourced from CourtListener / Free Law Project (CC0).
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