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