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· 5/15/1997

Universal Studios Inc. v. Viacom Inc.

Citations

  • 705 A.2d 579
  • 1997 Del. Ch. LEXIS 74
  • 1997 WL 257450

How courts have described this case

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

  • explaining that “when the parties’ agreements have been breached but neither the innocent party nor the venture suffers immediate quantifiable harm,” the Court can still award equitable relief
  • finding Viacom International was an affiliate of Paramount, and therefore subject to the non-compete clause signed by Paramount, when, in part, the two entities were under the common control of the defendant corporation, Viacom Inc.
  • “On consummation of the merger, Viacom did become an affiliate of Paramount and assumed Paramount’s obligations to comply with its covenants relevant here.”
  • “[I]mmediately following Viacom Inc.’s acquisition of Paramount, Viacom International and Paramount were under the common control of Viacom Inc., and as such were affiliates within the definition of the Guarantee.”
  • binding a later-in-time affiliated entity to a noncompete

Source: CourtListener parenthetical corpus (CC0).

Judges: Steele

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.