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ASTHMA DISEASE MANAGEMENT v YOUNG Click to find out why . . .



Keywords & Phrases
CaseNo: C.A. No. 18,267, CourtCode: CC, CourtName: IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE, Plaintiff: ASTHMA DISEASE MANAGEMENT, State: NJ New Jersey, UniqueCaseRef: DE>CC>00018267, David, Answering Defendants, Butler, Admi, Allegations, Shares, Common Stock, Manini, Macintyre, Counterclaimant, Paragraph, Admit, Wrongful, Complaint, Judgement, Counterclaims, David Defendants, Deny, Answering Defendants Deny, Maclntyre, Stock, Admi Common Stock, Perelmutter, Directors, Lack Sufficient Knowledge, Wife Alice, Certificates, Response, Motion, Crossclaim, Answering Defendants Lack, Joint Tenancy, Irt, Richard Anderson, Paragraphs, Certificate, Defendants John, Duty, Anderson , ContentID: 120240188

Case Documents
1 2001-09-21 OPENING BRIEF IN SUPPORT OF PLAINTIFFS MOTION
[ see first page and extracted highlights below  ] ItemID: 127110
23 pages
PDF
2 2001-04-25 ANSWER OF DAVID TO CROSS-CLAIMS OF YOUNG AND MANINI
[ see first page and extracted highlights below  ] ItemID: 115600
7 pages
PDF
3 2001-01-23 ANSWER
[ see first page and extracted highlights below  ] ItemID: 103698
3 pages
PDF
4 2000-10-30 ANSWER RESPONSE TO CROSSCLAIMS
[ see first page and extracted highlights below  ] ItemID: 100929
25 pages
PDF
5 2000-10-26 CORRECTED AMENDED ANSWER
[ see first page and extracted highlights below  ] ItemID: 100930
32 pages
PDF
6 2000-10-23 AMENDED ANSWER OF DAVID BUTLER AND MACINTYRE
[ see first page and extracted highlights below  ] ItemID: 100931
33 pages
PDF
7 2000-10-16 ANSWER OF DEFENDANTS
[ see first page and extracted highlights below  ] ItemID: 100932
32 pages
PDF
8 2000-08-29 COMPLAINT
[ see first page and extracted highlights below  ] ItemID: 100933
16 pages
PDF
Total Documents: 8 documents , 171 pages
Price: $ 54.95


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1 . OPENING BRIEF IN SUPPORT OF PLAINTIFFS MOTION

EXTRACTED KEY WORDS
DEFENDANTS
JUDGEMENT
DAVID DEFENDANTS
COUNTERCLAIMS
COURT
STOCK
MOTION
ADMI
ANDERSON
YOUNG DEFENDANTS
SHARES
DELAWARE
MACINTYRE
BUTLER
OPENING
BACKGROUND FACTS
SET ASIDE ORDERS
COMMON STOCK
RICHARD ANDERSON
STRIKING PLAINTIFFS
ELLERS LLP
BROAD STREET
ILLEGAL ISSUANCE
PERELMUTTER
BRANZBURG
DIRECTORS
CERTIFICATE
SETTLEMENT NEGOTIATIONS
AMENDMENT
                                                               ORIGINAL
                 IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE
                           IN AND FOR NEW CASTLE COUNTY

ASTHMA DISEASE MANAGEMENT INC.,               >
RICHARD ANDERSON, A. J. HENLEY,
PAUL A. DANDRIDGE, JAMES O'CONNOR             ;
and RAYMOND H. MILELY, III,
                                              ;
                           Plaintiffs,        1    Civil Action No. 18267-NC

        VS.

GEORGE H. YOUNG, RICHARD A. MANINI,
JOHN C. DAVID, LOIS M. BUTLER, JANE B.
MACINTYRE and LEWIS L. PERELMUTTER

                           Defendants.



                  OPENING BRIEF IN SUPPORT OF PLAINTIFFS' MOTION TO
                  SET ASIDE ORDERS OF DEFAULT JUDGMENT AND ORDERS
        STRIKING PLAINTIFFS' REPLY TO DEFENDANTS' COUNTERCLAIMS


                                             IUEHR,  HARRISON, HARVEY,
                                             BRANZBURG & ELLERS LLP

                                             David S. Eagle
                                             Denise Seastone  Kraft
                                             919 Market Street, Suite 1000
                                             Wilmington, DE 19801
                                             (302) 426-1189
Of Counsel:                                  Attorneys for Plaintiffs

KLEHR, HARRISON, HARVEY,
  BRANZBURG  & ELLERS LLP
Frank M. Correll, Jr.
Mary B. Halfpenny
260 S. Broad Street
Philadelphia, PA 19102
(215) 568-6060

Dated: September  21,200l




SNIPPETS:
  • IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE
  • RICHARD ANDERSON, A. J. HENLEY,
  • OPENING BRIEF IN SUPPORT OF PLAINTIFFS' MOTION TO
  • SET ASIDE ORDERS OF DEFAULT JUDGMENT AND ORDERS STRIKING PLAINTIFFS' REPLY TO DEFENDANTS'
  • KLEHR, HARRISON, HARVEY, BRANZBURG & ELLERS LLP
  • 260 S. Broad Street Philadelphia,
  • The Young Defendants
  • Background Facts Leading to the Filing of the Present Action..
  • Illegal Issuance of Stock
  • No Substantial Prejudice will Accrue to the David Defendants as a Result

  • 2 . ANSWER OF DAVID TO CROSS-CLAIMS OF YOUNG AND MANINI

    EXTRACTED KEY WORDS
    ANSWERING DEFENDANT
    MANINI
    LACKS SUFFICIENT KNOWLEDGE
    ANSWERING DEFENDANT LACKS
    DEFENDANT LACKS SUFFICIENT
    ADMIT
    DENY
    CROSS-CLAIMS
    DEFENDANT DAVID
    ANSWERING DEFENDANT REASSERTS
    RESPONSES
    PARAGRAPHS
    RICHARD
    PLAINTIFFS
    WRONGFUL
    PROMISSORY ESTOPPEL
    VII
    VIII
    RICHARD ANDERSON
    JAMES
    CL0 CORPORATION SERVICE
    ADMI
    COURT
    CHANCERY
    DELAWARE
    ISSUANCE
    EMPLOYMENT
    GEORGE
    ENRICHMENT
    
                          COURT OF CHANCERY OF THE STATE OF DELAWARE
                                        NEW CASTLE COUNTY
    
    ASTHMA DISEASE MGMT., INC., et al.,              ))
                 Plaintiffs/Counterclaim Defendants  )
    
           V.                                        ; CA. No. 18267
    
    GEORGE H. YOUNG, et al.,                         ;1
                 Defendants/Counterclaim Plaintiffs. )
    
                                   ANSWER OF DEFENDANT DAVID
                                        TO CROSS-CLAIMS OF
                                 DEFENDANTS YOUNG AND MANINI
    
    
                    A.       Counterclaimants and their service to Am
    
           1.       Admitted.
    
           2.       Admitted.
    
           3.       Admitted.
    
           4.       Answering defendant lacks sufficient knowledge and information to admit or deny the
    
    matters asserted.
    
           5.       Answering defendant lacks sufficient knowledge and information to admit or deny the
    
    matters asserted.
    
           6.       Answering defendant lacks sufficient knowledge and information to admit or deny the
    
    matters asserted.
    
           7.       Answering defendant lacks sufficient knowledge and information to admit or deny the
    
    matters asserted.
    
    
                                                      I
    
    
    
           8.       Answering defendant lacks sufficient knowledge and information to admit or deny the
    
    matters asserted.
    
    
    SNIPPETS:
  • COURT OF CHANCERY OF THE STATE OF DELAWARE
  • Defendants/Counterclaim Plaintiffs.
  • DEFENDANTS YOUNG AND MANINI
  • Answering defendant lacks sufficient knowledge and information to admit or deny the
  • Denied that defendant David participated in the issuance of press releases or engaged
  • in any wrongful conduct during his employment with ADMI.
  • Answering defendant reasserts his responses in paragraphs l-16 above.
  • Promissory Estoppel and IJnjust Elnrichment
  • (George H. Younp Against Plaintiffs)
  • Promissory Estoppel and LJnjust Enrichment
  • (Richard A. Manini Against Plaintiffs)
  • AFFIRMATIVE DEFENSES AS TO CROSS-CLAIMS
  • forth in Counts VII and VIII of the cross-claims, fail to state or describe any wrongful
  • Mr. Richard Anderson
  • Mr. James O'Connor
  • III cl0 Corporation Service Company

  • 3 . ANSWER

    EXTRACTED KEY WORDS
    DEFENDANTS DAVID
    BUTLER
    CROSS-CLAIMS
    ESQUIRE
    LLP
    PLAINTIFWANSWERS
    CROSS CLAIM
    MACINTYRE
    WILLIAM
    TAYLOR
    WILMINGTON
    CERTIFY
    COMPLAINT
    COUNTERCIAIMS OFDEFENDANTS DAVID
    JOHN
    PASCHETTO
    COUAWAY
    STARGATT
    FLOOR
    ALBERT
    DANDRIDGE
    ESQUIRE SCHNADER
    HARRISON
    LEWIS
    SUITE
    PHILADELPHIA
    MORRIS
    JAMES
    HITCHENS
    
              COURT  OF CEfANCERY OF THE STATE OF D~LAWARlf  ' : " `? '
                                      NEW CASTLE COUNTY                                                
                                                                          8.  i-8.
    ASTHMA DISEASE MANAGEMENT, MC., et al,
    
          PlaintifWAnswers to Cross Claim and Counter Claims
    
                                V.
                                                                    Civil Action No. lW@$C c3
    GEORGE H. YOUNG, RICHARD MANIM                                                       s:;., --      
                                                                                         z-.        c-..
    LOIS BUTLER JANE MacINTYRE,                                                          :;  ,-  :i.z
                                                                                                    .L 
    JOHN DAVID et al.,                                                                  i-1 ; :
                                                                                        2-          r-0
                                                                                                    w
                                                                                        z-:
                          Defendants                                                    I ./_'      2  
                                                                                        --I --
                                                                                        -:..  ~:
                                                                                        -2;         _  
    ANSWER TO DEFENDANTS DAVID, BUTLER and  MaclNTYRE  CROSS-W ii-12
                                      AND COUNTER CLAIMS                                       <
    
          1. As to all counter claims filed by defendants David, Butler, and MacIntyre,
          against the plaintiffs,  they are denied.
    
          2.  Counts #l through #13. Denied, as to all claims.
    
    
           ANSWERS TO DEFENDANTS YOUNG and MANINI  CROSS-CLAIMS AND
                                          COUNTER CLAIMS
    
    
          1. As to all Additional Defenses they are denied.
    
          2.  COUNTER CLAIM and CROSS CLAIM AGAINST PLAlNTIFFSA,  B, C, #l
          through #16 are denied.
    
          3.  Count #l through # 9 are all denied.
    
    
                                      ASTHMA DIS SE MANAGEMENT, INC.
                                      272 South White Horse Pike
                                      Berlin, NJ 08009
                                      856-753-9595
                                      In FRO SE ( attorney's for plaintiffs have with drawn).
                                      For Plainti&, Asthma Disease Management, Inc., Richard
                                      Anderson, A. J. Henley, Randal Miley,  James O'Connor,
    
    SNIPPETS:
  • PlaintifWAnswers to Cross Claim and Counter Claims
  • As to all counter claims filed by defendants David, Butler, and MacIntyre, against the
  • ANSWERS TO DEFENDANTS YOUNG and MANINI CROSS-CLAIMS AND
  • William D. ldmst~n, Eqdre khn J. Pascbtto, Esquire
  • Young Canway Stsrgatt &Taylor, LT& k1ooNQrrhMacketstrec4
  • I certify that, on this date, two copies of the Answer to Complaint with Cross-Claims and
  • CountercIaims ofdefendants David, Butler, and Macintyre were served, by the methods indicated.
  • John J. Paschetto, Esquire Young, Couaway, Stargatt & Taylor, LLP
  • 11th Floor Wilmington, DE 19899
  • Albert S. Dandridge, Esquire Schnader, Harrison, &gal& Lewis, LLP
  • Suite 3600 Philadelphia, PA 19103
  • Morris, James, Hitchens & Williams, LLP
  • Wilmington, DE 19899-2306

  • 4 . ANSWER RESPONSE TO CROSSCLAIMS ...

    EXTRACTED KEY WORDS
    COUNTERCLAIMANT
    ALLEGATIONS
    PARAGRAPH
    COMPLAINT
    PLAINTIFFS
    ANSWERING DEFENDANTS DENY
    MANINI
    ADMIT
    RESPONSE
    CROSSCLAIM
    PERELMUTTER
    DAVID
    ADMI
    COMMON STOCK
    COURT
    INCORPORATE
    PLAINTIFF ANDERSON
    ANSWERING DEFENDANTS REPEAT
    COMPENSATION
    CERTIFICATE
    ADML
    ANSWERING DEFENDANTS LACK
    REPRESENTING
    TIME PERIOD
    OUTSTANDING
    CANCELLATION
    PREFATORY CHARACTERIZATIONS
    GEORGE I-1
    EMPLOYMENT AGREEMENTS
    
                 IN THE? COURT OF CHANCERY OF THE STATE OF DELAWARE
    
                                  1A' AND FOR NEW CASTLE COUNTY
                                                                                           I kiii;j . .
    ASTHMA DISEASE MANAGEMENT INC.,                                                             Q`  a, 
    RICHARD ANDERSON, A.J. HENLEY,                        i                                            
    PAUL A  DANDRIDGE,  JAMES O'CONNOR,                   )                                            
                                                                                                     /'
    and RAYMOND H MILELY, III,                                                               ,.."      
                                                          i                                            
                   Plaintiffs and Counterclaim
                   Defendants,                            :>
           \'                                                     Civil ,4ction  No. 18267-NC
                                                          i
    GEORGE  1-I.  YOLJ?JG, RICHARD  `4.  MANINI,          )
    JOl-Ih C. DAVID, LOIS M. BUTLER,
    JANE 13. MACINTYRE and LEWIS L.                       1
    PERELMUTTER,                                          >
    
                   Defendants, Crossclaimants,            1
                   Counterclaimants and Crossclaim        i
                   Defendants.                            >
    
                  ANSWER, RESPONSE TO CROSSCLAIMS, COUNTERCLAIMS
                   AND CROSSCLAIM OF DEF`EIVDANTS GEORGE H. YOUNG,
                         RICHARD A. MANINI Al$L)EWIS  L. PBELMUTTER
    
    1.     & SWER TO THE COMPLAINT
    
                   Defendants George H. Young, Richard A. Manini and Lewis L. Perelmutter (the
    
    "Answering Defendants"), by and through their Iundersigned  attorneys, hereby answer and
    
    respond to the allegations of the Complaint filed in this matter on August 29, 2000
    
                   I.      Answering Defendants state that the allegations in paragraph 1 of the
    
    (Complaint  are prefatory characterizations of the claims made by plaintiffs to which no response is
    
    legally required. To the extent a response is required, Answering Defendants deny the allegations
    
    of paragraph 1 of the Complaint
    
    
    
                   2.       Answering Defendants deny the allegations of paragraph 2 of the
    
    Complaint, except admit that George I-1. Young is the former Chairman and Chief Executive
    
    
    SNIPPETS:
  • COURT OF CHANCERY OF THE STATE OF DELAWARE
  • Plaintiffs and Counterclaim
  • ANSWER, RESPONSE TO CROSSCLAIMS, COUNTERCLAIMS
  • AND CROSSCLAIM OF DEF`EIVDANTS GEORGE H. YOUNG,
  • RICHARD A. MANINI Al$L)EWIS L. PBELMUTTER
  • respond to the allegations of the Complaint filed in this matter on August 29,
  • Answering Defendants state that the allegations in paragraph 1 of the
  • (Complaint are prefatory characterizations of the claims made by plaintiffs to which no
  • To the extent a response is required, Answering Defendants deny the allegations
  • except admit that George I-1.
  • Complaint, except admit, on information and belief, that defendants David, Butler and
  • Answering Defendants lack sufficient knowledge or information to admit
  • President and a director cmf ADMI from prior to 1993 through approximately
  • ADMI common stock are held by the Young Family Trust.
  • AD4ll's is.sued and outstanding common stock.
  • `except admit that defendant Perelmutter Iserved as a director of ADMI until
  • Complaint, except admit that on or about February 5, 1999, a Certificate of Amendment was
  • and incorporate their responses to paragraphs 11 through 13 above with respect to the
  • Answering Defendants repeat and incorporate their responses to
  • owed by ADMI to any of the Answering Defendants, ADMl and/or plaintiffs should be required
  • seized on ADMI's behalf a stock certificate representing certain shares purportedly owned by
  • Young and counterclaimant Lewis L..
  • :;hares in lieu of cash for compensation, such shares have been issued at a conversion rate
  • In March and April of 2000, plaintiff Anderson, again directing defendant
  • counterclaimant Young's employment agreements dated as ot' June 1, 199 I and June 1, 1998.
  • Th'z cancellation or invalidation of any of such shares, if ordered by the Court, would
  • For the .time period of June 199 1 through May 2000,

  • 5 . CORRECTED AMENDED ANSWER

    EXTRACTED KEY WORDS
    ANSWERING DEFENDANTS
    BUTLER
    PLAINTIFFS
    ADMI COMMON STOCK
    ALLEGATIONS
    MACINTYRE
    WRONGFUL
    MANINI
    MACLNTYRE
    SHARES
    DENY
    LACK SUFFICIENT KNOWLEDGE
    ADMIT
    CERTIFICATES
    DIRECTORS
    JOINT TENANCY
    IRT
    DEFENDANTS JOHN
    WIFE ALICE
    CERTIFICATES REPRESENTING
    PARAGRAPHS
    STOCKHOLDERS
    DISCHARGE
    UNLAWFULLY RETAINED PROPERTY
    JERSEY CONSCIENTIOUS EMPLOYEES
    TIMES RELEVANT
    INTENTIONALLY MAKING FALSE
    CRIMINAL ACTIVITIES
    CROSS-CLAIMS
    
                                                                                                     
                        COURT OF CHANCERY OF THE STATE OF DELAWARE
                                          NEW CASTLE COUNTY
    
    ASTHMA DISEASE MGMT., INC., et al., )
                                                       )
                   Plaintiffs/Counterclaim Defendants  )
    
           V.                                          ; CA. No. 18267
                                                       >
    GEORGE H. YOUNG, et al.,                           >
    
                  Defendants, and
    
    JOHN C. DAVID, LOIS M. BUTLER, and                 )
    JANE B MACINTYRE,
                                                        ;
                   Defendants/Counterclaim Plaintiffs, )
    
    
                                                C O R R E C T E D
         AMElNDED ANSWER OF DEFENDANTS DAVID, BUTLER, AND MACINTYRE
                 WITH CROSS-CLAIMS  .AGAINST DEFENDANTS YOUNG AND  MANINI
                             AND  C0UNTERCLAIM.S AGAINST PLAINTIFFS
    
    
                      A. Nature of the Case
    
           1. No answer required
    
           2. Denied as to all allegations of wrongful conduct on the part of defendants John C.
    
    David, Lois M. Butler, and Jane B. MacIntyre.
    
           3. Denied as to all allegations of wrongibl conduct on the part of defendants John `C.
    
    David, Lois M. Butler, and Jane B. MacIntyre
    
           4. Denied as to all alle:gations  of wrongful conduct on the part of defendants John C.
    
    David, Lois M. Butler, and Jane B. Maclntyre.
    
    
    
                    B.     The  Part&
    
                           (1)     The Plaintiffs
    
            5.      Admitted.
    
    SNIPPETS:
  • AMElNDED ANSWER OF DEFENDANTS DAVID, BUTLER, AND MACINTYRE
  • WITH CROSS-CLAIMS .AGAINST DEFENDANTS YOUNG AND MANINI
  • AND C0UNTERCLAIM.S AGAINST PLAINTIFFS
  • Denied as to all allegations of wrongful conduct on the part of defendants John C.
  • Denied as to all allegations of wrongibl conduct on the part of defendants John `C.
  • Answering defendants lack sufficient knowledge and information to admit or deny the
  • employee of ADMI at all times relevant to this action, and is the owner (jointly with his
  • K. David) of 2,005,666 shares of ADMI common stock.
  • THE VALIDITY OF THE ELECTION OF BOARD OF DIRECTORS
  • Answering defendants reassert their responses in paragraphs l-36 above.
  • stock that represent their original, lawfully owned, shares of IRT, plus a 10% stock dividend
  • Denied as to all allegations of wrongful conduct by defendant Maclntyre.
  • lawfully owned by Mr. Davicl in joint tenancy with his wife
  • Retained actlxll possession of certificates representing 2,005,666 shares of
  • stockholders by making personal use of an ADMI bank account;
  • reporting to the SEC their improper, illegal, or criminal activities;
  • (4 Intentionally making false and disparaging statements about him in connection
  • Such retaliation violated the New Jersey Conscientious Employees Protection
  • or about May 19, 2000, have continued to engage in the retaliatory and wrongfil discharge

  • 6 . AMENDED ANSWER OF DAVID BUTLER AND MACINTYRE

    EXTRACTED KEY WORDS
    DAVID
    COMMON STOCK
    SHARES
    BUTLER
    DEFENDANTS
    PLAINTIFFS
    MACINTYRE
    ALLEGATIONS
    WIFE ALICE
    MACLNTYRE
    JERSEY
    CERTIFICATES
    DIRECTORS
    EMPLOYEES
    WRONGFUL
    TIMES RELEVANT
    JOINT TENANCY
    COUNTERCLAIMS
    IRT
    ANSWERING DEFENDANTS
    CERTIFICATES REPRESENTING
    PARAGRAPHS
    DISCHARGE
    STOCKHOLDERS
    UNLAWFULLY RETAINED PROPERTY
    STOCK DIVIDEND
    ADM
    DEFENDANT DAVID RESIDES
    PENNSYLVANIA
    
                           COURT OF CHANCERY OF THE STATE OF DELAWARE
                                            NEW CASTLE COUNTY
    
    ASTHMA DISEASE MGMT., INC., et al..               )
                                                      >
                  Plaintiffs/Counterclaim Defendants )
    
           V.                                         ;  CA. No. 18267
    
    GE.ORGE  J-I. YOUNG, et al.,
    
                  Defendants. and
    
    JOHN (1. DAVID, LOIS M. 13'UTLER,  and            )
    J 4NE R. MACINTYRE,                               11
                  Defendants/Counterclaim Plaintiffs,)
    
    
         AMENDED  ANSWER OF DEFENDANTS DAVID, BUTLER, AND MACINTYRE
                 WITH CROSS-CLAIMS AGAINST DEFENDANTS YOlJbJG AND MANKNI
                              AND COUNTERCLAIMS AGAINST PLAINTIFFS
                                 -d.--                                    __-
    
    
                     A.       Nature of the Case
    
           1.        No answer required.
    
           2.        Denied as to all allegations of wrongful conduct on the part of defendants John c'.
    
    David, Lois M. Butler, and Jane B. MacIntyre.
    
           3.        Denied as *.o all allegations of wrongful conduct on the part of defendants John
    
    David. Lois M. Butler, and Jane B. MacIntyre.
    
           4.        Denied as to a11 allegations of wrongful conduct on the part of defendants John C.
    
    David, Lmis M. Butler, and Jane B. Maclntyre.
    
    
    
                         B.      The Parties
    
                                 (1)    :~he'Iaintiffs
    
            5.           Admitted.
    
             6.           Admitted upon information and belief.
    
    SNIPPETS:
  • Plaintiffs/Counterclaim Defendants)
  • Defendants/Counterclaim Plaintiffs,)
  • AMENDED ANSWER OF DEFENDANTS DAVID, BUTLER, AND MACINTYRE
  • AND COUNTERCLAIMS AGAINST PLAINTIFFS
  • the allegations.
  • except admitted that defendant David resides in Pennsylvania.
  • employee oEADMI at all times relevant to this action, and is the owner (jointly with his wife
  • Denied, except adrnitted that defendant Butler resides in New Jersey, was an
  • Maclntyre) of 672,196 shares of ADMI common stock.
  • Denied as to all allegations of wrongful conduct on the part of answering defendants,
  • original lawful ownership of IRT common stock and the Dividend.
  • `In ierests ofADM1 and its stockholders.
  • election or appointment of the listed directors to adrnit or deny the allegations.
  • Answering defendants reassert their responses in paragraphs l-44 above.
  • stock that represent their original, lawfully owned, shares of IRT, plus a 10% stock dividend
  • (4 Seized, c.anceled, or unlawfully retained property, in the fern of 2,005,666
  • cc> Retained actual possession of certificates representing 2,00.5,666 shares of
  • ADMI common stock lawfully owned by Mr. Bavid in joint tenancy with his
  • over subordinate employees.
  • wrongful discharge.
  • ADM[common stock lawfully owned jointly by Ms.

  • 7 . ANSWER OF DEFENDANTS

    EXTRACTED KEY WORDS
    DEFENDANTS
    BUTLER
    PLAINTIFFS
    ANSWERING DEFENDANTS
    ADMI
    MACINTYRE
    ALLEGATIONS
    MANINI
    COMMON STOCK
    WRONGFUL
    DENY
    SHARES
    ANSWERING DEFENDANTS LACK
    LACK SUFFICIENT KNOWLEDGE
    ADMIT
    CERTIFICATES
    IRT
    JOINT TENANCY
    DEFENDANTS JOHN
    WIFE ALICE
    PARAGRAPHS
    STOCKHOLDERS
    CERTIFICATES REPRESENTING
    UNLAWFULLY RETAINED PROPERTY
    INTENTIONALLY MAKING FALSE
    CRIMINAL ACTIVITIES
    INDIVIDUAL PLAINTIFFS
    CROSS-CLAIMS
    CANCELLATION
    
                           COURT OF CHANCERY OF THE STATE OF DELAWARE
                                           NEW CASTLE COUNTY
    
    ASTHMA DISEASE MGMT., INC., et al.,                )
                                                       >
                  Plaintiffs/Counter&im Defendants )
    
           V.                                          ; CA. No. 18267
    
    GEORGE H. YOUNG, et al.,                           ;
    
                  Defendants, and                      ;
    
    JOHN C. DAVID, LOIS M. BUTLER, and                 ;
    JANE B. MACINTYRE,
                                                       ;
                  Defendants/Counterclaim Plaintiffs, )
    
    
                   ANSWER OF DEFENDANTS DAVID, BUTLER, AND MACINTYRE
                 WITH CROSS-CLAIMS AGAINST DEFENDANTS YOUNG AND  MANINI
                              &Q$ZOUNTERCLAIMS  AGAINST PLAINTIFFS
    
                     A.       Nature of the Case
    
           1.       No answer required.
    
           2.       Denied as to all allegations of wrongtld conduct on the part of defendants John C.
    
    David, Lois M. Butler, and Jane B. MacIntyre.
    
           3.       Denied as to a.ll allegations of wro:ngfld  conduct on ti-re part of defendants
    
    David, Lois M. Butler, and Jane B. MacIntyre.
    
           4.       Denied as to all allegations of wrongful conduct on the part of defendants John C.
    
    David, Lois M. Butler, and Jane B. MacIntyre.
    
    
    
    
    
                                                       1
    
    
    
                    B.     Tmrties
    
    
    SNIPPETS:
  • Defendants/Counterclaim Plaintiffs,)
  • ANSWER OF DEFENDANTS DAVID, BUTLER, AND MACINTYRE
  • WITH CROSS-CLAIMS AGAINST DEFENDANTS YOUNG AND MANINI
  • Denied as to a.ll allegations of wro:ngfld conduct on ti-re part of defendants John C.
  • Denied as to all allegations of wrongful conduct on the part of defendants John C.
  • Answering defendants lack sufficient knowledge and information to admit or deny the
  • employee of ADMI at all times relevant to this action, and is the owner (jointly with his
  • K. David) of 2,005,666 shares of ADMI common stock.
  • interests of ADMI and its stockholders.
  • Answering defe:ndants reassert their responses in paragraphs 1-36 above.
  • stock that represent their original, lawfully owned, shares of IRT, plus a 10% stock dividend
  • (4 Seized, canceled, or unlawfully retained property, in the form of 2,005,666
  • lawlully owned by Mr. David in joint tenancy
  • (4 Refused to return to Mr. David certificates representing 2,005,666 shares of
  • reporting to the SEC their improper, illegal, or criminal activities;
  • cancellation of stock that was la.wmlly theirs prior to any ofthe subsequent events alleged
  • The individual plaintiffs engaged in a civil conspiracy to commit conversion with
  • (4 Intentionally making false and disparaging statements about him in connection

  • 8 . COMPLAINT

    EXTRACTED KEY WORDS
    ADMI
    MANINI
    DEFENDANTS
    BUTLER
    DIRECTORS
    DAVID
    DUTY
    SHARES
    RICHARD ANDERSON
    PERELMUTTER
    LOYALTY
    STOCK
    MACINTYRE
    RELIEF
    DANDRIDGE
    LAW
    CERTIFICATE
    DELAWARE GENERAL CORPORATION
    ASTHMA DISEASE MANAGEMENT
    TREATMENT REGIMENS
    AMENDMENT
    INCORPORATION
    CAUSED ADMI
    COMMON STOCK
    INJUNCTIVE RELIEF
    CONNECTION
    ASTHMATICS
    VIOLATION
    OUTSTANDING SHARES
    
                                                                       ,.,.,  " .  r  ,,-.\  3  r*  -! 
                                                                       \,                              
                                                                       `i  iv*. `i.,,  ,c  J  d  B  -
                 IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE
    
                                IN AND FOR NEW CASTLE COUNTY
    
    
    ASTHMA DISEASE MANAGEMENT INC.,
    RICHARD ANDERSON, A.J. HENLEY,
    PAUL A. DANDRIDGE, JAMES O'CONNOR
    and RAYMOND H. MILELY, III,
    
                                   Plaintiffs,
                                                                                     `&q&T
                   V.                                             CA. No.
    
    GEORGE H. YOUNG, RICHARD A.
    MANINI, JOHN C. DAVID, LOIS M.
    BUTLER JANE B. MACINTYRE
    and LEWIS L. PERELMUTTER
    
                                   Defendants.
    
    
                                                  COMPLAINT
    
    
                   Plaintiffs, Asthma Disease Management, Inc., Richard Anderson, A.J. Henley, Paul
    
    A. Dandridge, James O'Connor and Raymond H. Milely  allege and state as follows:
    
           A.      Nature of the Case
    
                   1.      This case is a summary proceeding brought pursuant to Section 225 of the
    
    Delaware General Corporation Law, and seeks declaratory relief, injunctive relief and damages in
    
    connection with breaches of the duty of loyalty by certain former directors and officers of
    
    Asthma Disease Management, Inc. ("ADMI"), a publicly-held healthcare company specializing in
    
    the management of treatment regimens for asthmatics, as well as the aiding and abetting of those
    
    violations by an employee of ADMI.
    
    
    
    
    
    SNIPPETS:
  • Plaintiffs, Asthma Disease Management, Inc., Richard Anderson, A.J. Henley, Paul
  • Dandridge, James O'Connor and Raymond H. Milely allege and state as follows:
  • Delaware General Corporation Law, and seeks declaratory relief, injunctive relief and damages
  • connection with breaches of the duty of loyalty by certain former directors and officers of
  • the management of treatment regimens for asthmatics, as well as the aiding and abetting of
  • violations by an employee of ADMI.
  • The defendant directors, officers and employees led by George H. Young
  • from ADMI to the defendants' personal benefit.
  • of shares of stock to themselves and their affiliates for no or inadequate consideration.
  • Because defendants caused ADMI to act as its own
  • Manini started increasing their personal gains by selling shares of ADMI stock
  • Young and Manini did not allow defendants John C. David, Lois M. Butler
  • and Jane B. MacIntyre to participate in the activity, David, Butler and MacIntyre
  • providers in providing treatment to asthmatics through a treatment regimen that it has
  • ADMI's outstanding shares of common stock.
  • Defendant Lewis L. Perelmutter is a resident of the State of New Jersey
  • excess of the amount allowed under ADMI's Certificate of Incorporation.
  • Amendment for ADMI with the Secretary of State of the State of Delaware reciting that Article
  • issue were issued in violation of federal securities laws as those shares were not registered
  • By-laws and Section 223 of the Delaware General Corporation Law (the
  • INJUNCTIVE RELIEF REQUESTED BY
  • CLAIM FOR BREACH OF FIDUCIARY DUTY BROUGHT
  • and Butler owed a duty of loyalty to ADMI.
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