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LIPTON v BARRICINI Click to find out why . . .



Keywords & Phrases
CaseNo: C.A. No. 18,494, CourtCode: CC, CourtName: IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE, Plaintiff: LIPTON, State: DE Delaware, UniqueCaseRef: DE>CC>00018494, County: New Castle County, Barricini, Demand, Complaint, Accounts, Delaware, Stock, Shares, Pursuant, Eddyleon, Exhibit, Joseph Lipton, Paragraph, Muckier, Directors, Finova, Motion, Lipton, Allegations Set, Settlement Agreement, Accounts Receivables, Sales, Management, Plaintiffs Letter, Hereto, Inspection, Denies, Record Holder, Stockholder, Supplementing, Reasons, Amounts, Rights, Requests, Schwom, Documents Reflecting, Journals, Scheduling, Reflecting, Norwalk Candies, Paid, Payments, Purpose, Fiduciary Duties , ContentID: 120240021

Case Documents
1 2001-02-15 INC. NOTICE OF MOTION
[ see first page and extracted highlights below  ] ItemID: 115379
6 pages
PDF
2 2001-01-18 SUPPLEMENTAL COMPLAINT
[ see first page and extracted highlights below  ] ItemID: 100722
6 pages
PDF
3 2000-12-04 ANSWER
[ see first page and extracted highlights below  ] ItemID: 100723
4 pages
PDF
4 2000-11-13 INC. COMPLAINT PURSUANT TO 8 DEL. C. SEC 220
[ see first page and extracted highlights below  ] ItemID: 100724
6 pages
PDF
Total Documents: 4 documents , 22 pages
Price: $ 34.95


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1 . INC. NOTICE OF MOTION

EXTRACTED KEY WORDS
BARRICINI
ACCOUNTS
COURT
MUCKIER
DEFENDANT
MOTION
STOCK
SETTLEMENT AGREEMENT
ACCOUNTS RECEIVABLES
SALES
DELAWARE
JOSEPH LIPTON
REQUESTS
ATTORNEYS
SCHWOM
DOCUMENTS REFLECTING
JOURNALS
VENDOR
CHANCERY
HERETO
CONNECTION
INSPECTION
BANK
PREFERRED STOCK
DIRECTORS
PROCEEDS
CPA
MCANDREWS
REVIEW
          IN THE COUl$T OF CHANCERY OF THE STATE OF DELAWARE

                              IN AND FOR NE34TlCASTLE COUNTY

A. JOSEPH LIPTON,

                Plaintiff,
                                                            CA. No. 18494
                V.

BARRICINI, INC.,
a Delaware corporation,

                Defendant.


                                     NOTICE OF MOTION

TO:       David S. Eagle, Esquire
          Denise S. Kraft; Esquire
          KIehr Harrison Harvey Bransburg & Ellers, LLP
          919 Market Street, Suite 1000
          Wilmington, DE 19801

          PLEASE TAKE NOTICE that the attached motion will be presented to the

Court at a date and time convenient to the Court.


                                      PRICKETT, JONES & ELLIOTT




                                      13 1.0 King Street
                                      Wilmington, DE 19801
                                      (302) 888-6500
                                      Attorneys for Plaintiff

Dated:          February l&2001



      IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE

                             IN AND FOE NEW CASTLE COUNTY

A. JOSEPH LIPTON,
                                           I
SNIPPETS:
  • IN THE COUl$T OF CHANCERY OF THE STATE OF DELAWARE
  • JOSEPH LIPTON,
  • Plaintiff,
  • Defendant.
  • Court at a date and time convenient to the Court.
  • MOTION TO ENFORCE SETTLEMENT AGREEMENT
  • Lipton and the defendant, Barricini, Inc., on January
  • A copy of the Settlement Agreement is attached hereto as Exhibit A.
  • Plaintiff also requests that the Court award him attorneys fees incurred in
  • agreed to allow the inspection sought by Plaintiff.
  • Gilbert Schwom, President of Barricini.
  • Documents reflecting all monies received by Barricini during the
  • Detailed accounts receivable and account payable journals for
  • (4 Records of shares of preferred stock sold including the person to
  • whom the stock was issued, -the number of shares and confirmation that the
  • An accounting for the use of proceeds from the sale of Barricini's
  • CPA, and Joan McAndrews, CPA, inspected documents at Barricini's offices in
  • Muckier was not allowed to inspect,
  • Muckier was not provided with bank account
  • statements for all of Barricini's bank accounts.
  • accounts receivables.
  • no sales journal or other record of sales
  • Muckier asked to review the general ledger.
  • McAndrews that information
  • accounts payable by vendor.
  • award attorneys fees incurred by him in connection with this motion.

  • 2 . SUPPLEMENTAL COMPLAINT

    EXTRACTED KEY WORDS
    DEMAND
    BARRICINI
    DELAWARE
    EDDYLEON
    EXHIBIT
    PURSUANT
    MEETING
    ACCOUNTS
    COURT
    LIPTON
    SUPPLEMENTING
    COMPLAINT
    SHARES
    STOCK
    REASONS
    AMOUNTS
    FINOVA
    MANAGEMENT
    PLAINTIFFS LETTER
    REFLECTING
    NORWALK CANDIES
    PAID
    PAYMENTS
    JOSEPH LIPTON
    DEFENDANT
    HERETO
    DIRECTORS
    CHOCOLATE
    SCHEDULING
    
           IN THE COURT OF CHANCERY  OF THE STATE OF DELAWARE
    
                                 IN AND FOR NEW CASTLE COUNTY
    
    A. JOSEPH LIPTON,
    
                   Plaintiff,
                   V.                                          C.A. No. 18494NC
    BARRICINI, INC.,
    a Delaware corporation,
    
                   Defendant
    
    
    
             SUPPLEMENTAL COMPLAINT  PURSUANT  TO 8 DEkC. 522Oy
    
           1.      Plaintiff A. Joseph Lipton is and at all times pertinent hereto has been a
    
    director and a record holder of shares of the common stock issued by defendant
    
    Barricini, Inc., a Delaware corporation ("Barricini" or the "Company").
    
           2.      Defendant, Barricini, is a Delaware corporation. Barricini's registered
    
    agent for service of process within the State of Delaware is the Corporation Trust
    
    Company, 1209 Orange Street, Wilmington, Delaware. `The mailing address for
    
    Barricini's principal place of business is P.O. Box 189, Avoca, Pennsylvania 18641
    
           3.      On November 1, 2000, Mr. Lipton executed a written demand under oath
    
    (the "Demand," a copy of which is attached hereto as Exhibit 1) demanding the right as
    
    a director and as a stockholder, pursuant to 8 De1.C. 5220, to inspect certain books and
    
    records of the Company. On or about November 1,  2000, Mr. Lipton caused the
    
    
    1 Pursuant to Chancery Court Rule 15(aa),  this Supplemental Complaint indicates changes from the
    Original Complaint filed in this action. Supplemental language is indicated by a double underline.
    
    
    
    Demand to be sent to Barricini by first class mail, certified mail, and by FedEx courier.
    
    On information and belief, the Company refused FedEx delivery of the Demand. On
    
    
    SNIPPETS:
  • IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE
  • JOSEPH LIPTON,
  • SUPPLEMENTAL COMPLAINT PURSUANT TO 8 DEkC.
  • Plaintiff A. Joseph Lipton is and at all times pertinent hereto has been a
  • director and a record holder of shares of the common stock issued by defendant
  • Barricini, Inc., a Delaware corporation.
  • On November 1, 2000, Mr. Lipton executed a written demand under oath
  • (the "Demand," a copy of which is attached hereto as Exhibit 1)
  • Pursuant to Chancery Court Rule 15, this Supplemental Complaint indicates changes from the
  • The Demand states a purpose reasonably related to plaintiffs interests
  • Company and Eddyleon [Chocolate Company,
  • due to scheduling conflicts plaintiff was unable to attend;
  • whether the Company's management has
  • To determine the value of plaintiffs shares of the capital
  • Minutes of meetings of the directors of Barricini and all written
  • determined the matters raised in plaintiffs letter dated June 2,
  • 1999 (of which a copy is attached to the Demand as Exhibit A).
  • Complete aged listing of accounts payable and accounts
  • terms were as presented at the March Board Meeting.
  • Proforma information issued to Finova regarding the capital
  • A full accounting of the amounts owed by the Company to
  • plaintiff and/or Norwalk Candies.
  • Confirmation that the Company paid Standard Folding Carton
  • March 1999 board meeting reflecting plaintiffs comments.
  • demand supplementing the documents requested in the original Demand.
  • lO.Documents reflecting payments made on behalf of mortgage
  • For the foregoing reasons, plaintiff is entitled, pursuant to 8 De1.C.

  • 3 . ANSWER

    EXTRACTED KEY WORDS
    PLAINTIFF
    BARRICINI
    PARAGRAPH
    ALLEGATIONS SET
    DENIES
    RECORD HOLDER
    SHARES
    DEFENDANT
    COURT
    RIGHTS
    PURSUANT
    STOCKHOLDER
    INSPECTION
    PURPOSE
    FIDUCIARY DUTIES
    HOSTILE ACTIONS
    YORK STATE
    RESPECTFULLY REFERS
    WRITTEN DOCUMENTS
    FILING
    LAWSUITS
    RESPONSE
    AVERS
    EXHIBITS THERETO
    SPEAK
    REQUEST
    TIMES RELEVANT HERETO
    VOTING TRUST
    RELIEF
    
                      IN THE CHANCERY COURT OF THE STATE OF DELAWARE                                   /
                                                                                                      
                                    IN AND FOR NEW CASTLE COUNTY
    
    
    A JOSEPH LIPTON,                                 >
    
                      Plaintiff,                     1
                                                             CA. No. 18494-NC
               v.                                    1>
    BARRICINI,  INC.,
    a Delaware corporation,                          i>
                      Defendant.                     >
    
    
    
                                                    ANSWER
    
          ~           Defendant Barricini, Inc. ("`Barricini"), by and through its attorneys, alleges
    
    answer as follows:
    
                      1.      Denies the allegations set forth in Paragraph 1 of the Complaint that
    
    plaintiff is a record holder of shares of the common stock issued by defendant Barricini except
    
    admits only that plaintiff is a director in name only who has ceased to perform his corporate
    
    fiduciary duties as evidenced by his hostile actions toward the interests of Barricini, including
    
    filing of at least two lawsuits against it and a subsidiary in New York State.
    
                      2.      Admits the allegations set forth in Paragraph 2 of the Complaint.
    
                      3.      Denies knowledge or information sufficient to form a belief as to the
    
    of the allegations set forth in Paragraph 3 of the Complaint, and respectfully refers the Court to
    
    the letter dated November 1.2000 for the contents thereof.
    
                      4.      Denies the allegations set forth in Paragraph 4 of the Complaint and
    
    
     DEL';2901 I,1
    
    
    
    respectfully refers the Court to the letter dated November 1,200O for the contents -thereof.
    
    
    SNIPPETS:
  • plaintiff is a record holder of shares of the common stock issued by defendant Barricini
  • fiduciary duties as evidenced by his hostile actions toward the interests of Barricini,
  • Admits the allegations set forth in Paragraph 2 of the Complaint.
  • Denies knowledge or information sufficient to form a belief as to the truth
  • respectfully refers the Court to the letter dated November 1,200O for the contents -thereof.
  • In response to paragraph 6 of .the Complaint, avers that the letter dated
  • 2000 and any Exhibits thereto are written documents which speak for themselves.
  • defendant has specifically refused to comply with plaintiffs .request because:
  • record holder of shares with any rights pursuant to 8 De1.C.
  • been held at all times relevant hereto in a voting trust; and 2) plaintiff is not entitled to
  • for which relief may be granted.
  • including the filing of at least two lawsuits against it and a subsidiary in New York State.
  • plaintiff seeks to inspect books and records as a stockholder and/or director of Barricini,
  • such inspection for a proper purpose.

  • 4 . INC. COMPLAINT PURSUANT TO 8 DEL. C. SEC 220

    EXTRACTED KEY WORDS
    PLAINTIFFS
    BARRICINI
    DELAWARE
    SHARES
    STOCK
    MEETING
    ACCOUNTS
    COURT
    EXHIBIT
    EDDYLEON
    DIRECTORS
    FINOVA
    MANAGEMENT
    PLAINTIFFS LETTER
    YORK
    JOSEPH
    LIPTON
    DEFENDANT
    AGENT
    BUSINESS
    STOCKHOLDER
    PURSUANT
    BOOKS
    FEDEX
    AMOUNT
    LIABILITIES
    SCHEDULING
    INVESTORS
    LENDERS
    
                                                                         "       "      -      .-     :
                                                                        j.  :  .,  L          .        
                                                                                                       
             IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE
    
                                        IN AND FOR NEW CASTLE COUNTY
    
    A. JOSEPH LIPTON,
                                                        I
                          Plaintiff,
    
                          V.
    
    BARRICINI, INC.,
    a Delaware corporation,
    
                          Defendant.
    
    
    
                                ~OJdPLAI[NT
                                        ____.  PURSUANT TO 8 DEL.  5220
    
              1.          Plaintiff A. Joseph Lipton is and at all times pertinent hereto has been a
    
    director and a record holder of shares of the common stock issued by defendant
    
    Barricini, Inc., a Delaware corporation ("Barricini" or the "Company").
    
             2.           Defendant, Barricini, is a Delaware corporation. Barricini's registered
    
    agent for service of process within the State of Delaware is the Corporation Trust
    
    Company, 1209 Orange  S'treet,  Wilmington, Delaware. The mailing address for
    
    Barricini's principal place of business is P.O. Box 189, Avoca, Pennsylvania 18641.
    
             3.           On November 1,2000, Mr. Lipton executed a written demand under oath
    
    (the "Demand," a copy of which is attached hereto as Exhibit 1) demanding the right as
    
    a director and as a stockholder, pursuant to 8 De1.C. $220, to inspect certain books and
    
    records of -the Company. On or about November 1, 2000, Mr. Lipton caused the
    
    Demand to be sent to Barricini by first class mail, certified mail, and by FedEx courier.
    
    On information and belief, the Company refused FedEx delivery of the Demand. On
    
    
    SNIPPETS:
  • IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE
  • JOSEPH LIPTON,
  • director and a record holder of shares of the common stock issued by defendant
  • Barricini, Inc., a Delaware corporation.
  • agent for service of process within the State of Delaware is the Corporation Trust
  • Barricini's principal place of business is P.O. Box 189, Avoca, Pennsylvania 18641.
  • On or about November 1, 2000, Mr. Lipton caused the
  • Demand to be sent to Barricini by first class mail, certified mail, and by FedEx courier.
  • Lipton's status as a stockholder.
  • To determine the amount of plaintiff's contingent
  • liabilities as a guarantor of certain obligations of the
  • Company and Eddyleon
  • due to scheduling conflicts plaintiff was unable to attend;
  • mismanagement as outlined in part in plaintiffs letter
  • To determine if other shareholders, investors, potential
  • lenders and/or potential lenders have been
  • whether the Company's management has
  • To determine .the value of plaintiffs shares of the capital
  • Minutes of meetings of the directors of Barricini and all written
  • determined the matters raised in plaintiffs letter dated June 2,
  • 1999 (of w.hich a copy is attached to the Demand as Exhibit A).
  • Compbste aged listing of accounts payable and accounts
  • terms Twere as presented at the March Board Meeting.
  • Proforma information issued to Finova regarding the capital
  • WHEREFORE, plaintiffprays that this Court, pursuant to 8 De1.C.
  • rnake copies and take extracts of all of the books and records identified in the
  • New York, New York 1.001.6-3815
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