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1
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DEFENDANTS RESPONSE TO PLAINTIFFS REPLY BRIEF IN SUPPORT OF MOTION TO APPROVE THE REPORT AND RECOMMENDATIONS OF CUSTODIAN
|
EXTRACTED KEY WORDS
TRUST FULK PLAN COMPETE LAURENCE CUSTODIAN TIMOTHY COURT PLAINTIFFS INJUNCTION SELLING STOCKHOLDER SALE SHAREHOLDER RISK ESQ RESPONSE NON-SOLICITATION MAXIMIZING DISSOLUTION EMPLOYEES KNIGHT LLP WASHINGTON PURCHASER FIDUCIARY DUTY DISSOLUTION PROCESS HOLLAND PENNSYLVANIA AVENUE EQUITABLE POWERS SAFEGUARD |
IN THE COURT OF CHANCERY FOR THE STAT
IN AND FOR NEW CASTLE COUNTY
BERNARD B. FULK, III,
Plaintiff,
i
V. C.A. No. 17747
i
THE LAURENCE J. LONG
FAMILY TRUST II, 1
Defendant. i)
DEFENDANT'S RESPONSE TO
PLAINTIFF'S REPLY BRIEF IN SUPPORT OF :
PLAINTIFF'S MOTION TO APPROVE '
THE REPORT AND RECOMMENDATIONS ,'
OF THE CUSTODIAN -<
MORRIS, NICHOLS, ARSHT & TUNNEL
Thomas R. Hunt, Jr., Esq.
1201 N. Market Street
P.O. Box 1347
Wilmington, DE 19899-1347
Tel. (302) 658-9200
Of Counsel:
Steven D. Gordon, Esq.
Thomas D. Leland, Esq.
HOLLAND & KNIGHT LLP
2099 Pennsylvania Avenue, N.W.
Suite 100
Washington, D.C. 20006
Tel. (202) 9553000
December 7, 2001
i.
TABLE OF CONTENTS
SNIPPETS:
|
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2
.
REPLY BRIEF IN SUPPORT OF PLAINTIFFS MOTION TO APPROVE THE REPORT AND RECOMMENDATIONS OF CUSTODIAN
|
EXTRACTED KEY WORDS
CUSTODIAN COURT REPORT FULK WSA SALE RECOMMENDATIONS PLAN FIDUCIARY DUTIES MOTION CONTINUITY DELAWARE DEL EMPLOYEES PLAINTIFF RICHARD BUSINESS FAMILY TRUST FINDINGS SHAREHOLDERS WASHINGTON SERVICE DEFENDANT ESQUIRE BART SECURE CONTINUITY KEY EMPLOYEES RESPONSIBILITIES TECHNOLOGY GROUP DOCUMENTATION LAURENCE |
ORIGINAL 'Y
IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE
IN AND FOR NEW CASTLE COUNTY
BERNARD B. FULK, III,
Plaintiff,
1
V. CA. No. 17747
;
>
WASHINGTON SERVICE ASSOCIATES, )
INC. and THE LAURENCE J. LONG
FAMILY TRUST II, ;
Defendants.
REPLY BRIEF IN SUPPORT OF PLAINTIFF'S MOTION TO
APPROVE THE REPORT AND RECOMMENDATIONS OF THE CUSTODIAN
Richards, Layton & Finger, P.A.
Daniel A. Dreisbach, Esquire
One Rodney Square
P.O. Box 551
Wilmington, Delaware 19899
(302) 658-6541
OF COUNSEL:
Allen S. Rugg, Esquire
Bart T. Valad, Esquire
Powell, Goldstein, Frazer & Murphy, LLP
Sixth Floor
1001 Pennsylvania Avenue, N. W.
Washington, D.C. 20004
(202) 624-7320
Attorneys for Plaintiff
Table of
SNIPPETS:
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3
.
DEFENDANTS RESPONSE TO POST TRIAL BRIEF
|
EXTRACTED KEY WORDS
COURT TRUST PLAINTIFFS ACCOUNTING LAURENCE ESQ FINANCIAL STATEMENT DISTRIBUTION CAHILL WSA COUNSEL DISSOLUTION FAMILY TRUST DEFENDANTS RESPONSE THOMAS WASHINGTON PROCEEDING CUSTODIAN ACCOUNTING METHOD CASH BASIS NICHOLS TUNNEL MARKET STREET WILMINGTON HOLLAND KNIGHT LLP PENNSYLVANIA AVENUE NATURE |
IN THE COURT OF CHANCERY FOR, THE STATE OF DELAWARE
IN AND FOR NE'W CASTL:E COUNTY
BERNARD B. FULK, III, >
Plaintiff, i
V. ; C.A. No. 17747 .~
THE LAURENCE J. LONG ;
FAMILY TRUST II and
LAURENCE J. LONG, ; ._
Defendants.
DEFENDANTS' RESPONSE TO PLAINTIFF'S
SUPPLEMENTAL POST-TRIAL B:RIEF
MORRIS, NICHOLS, ARSHT & TUNNEL
Thomas R. Hunt, Jr., Esq.
1201. N. Market Street
P.O. Box 1347
Wilmington, DE 19899-1347
Tel. (302) 658-9200
Of Counsel:
Steven D. Gordon, Esq.
Thomas D. Leliand, Esq.
HOLLAND & KNIGHT LLP
2099 Pennsylvania Avenue, N.W.
Suite 100
Washington, D.C. 20006
Tel. (202) 955-3000
June 1,200l
INTRODUCTION
NATURE AND STAGE OF THE PROCEEDING ........................................................
4
SNIPPETS:
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4
.
PLAINTIFFS SUPPLEMENTAL POST-TRIAL BRIEF
|
EXTRACTED KEY WORDS
ACCOUNTING TRUST REVENUE RECEIVER LONGS DEL PROFIT SALE LOSS PAID DISTRIBUTION COURT DEFENDANT DAUGHTER WSA PRACTICES OWNERSHIP APPOINTMENT CAHILL SHAREHOLDERS CUSTODIAN COUNSEL FIRM PAYING OBJECTION DISSOLUTION BUSINESS PAYMENT REPRESENTING |
IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE
IN AND FOR NEW CASTLE COUNTY
BERNARD B. FULK III,
Plaintiff,
V.
THE LAURENCE J. LONG
FAMILY TRUST II,
WASHINGTON SERVICE ASSOCIATES,
INC.,
and
LAURENCE J. LONG
Defendants.
PLAINTIFF'S SUPPLEMENTAL POST-TRIAL BRIEF
OF COUNSEL:
Allen S. Rugg, Esquire Daniel A. Dreisbach
Bart T. Valad, Esquire Richards, Layton & Finger, P.A.
Powell, Goldstein, Frazer & Murphy, LLP One Rodney Square
Sixth Floor P.O. Box 551
1001 Pennsylvania Avenue, N. W. Wilmington, Delaware 19899
Washington, 1D.C. 20004 (302)658-6541
(202)624-7320
Attorneys for Plaintiff
Dated: May 22,200l
TABLE OF CONTENTS
TABLE OF AUTHORITIES. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
SNIPPETS:
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5
.
PLAINTIFFS POST-TRIAL REPLY BRIEF
|
EXTRACTED KEY WORDS
DEFENDANTS FULK RECEIVER COURT SHAREHOLDERS TRUST PLAN SALE APPOINTMENT WSA DISSOLUTION WASHINGTON SERVICE MEANINGFUL ROLE POTENTIAL BIDDERS CONTINUITY BUSINESS FAMILY TRUST EMPLOYEES PLAINTIFF RETENTION THIRD PARTY MARASCO NEWTON NEGOTIATE EMPLOYMENT BIDDING PROCESS THIRD AMENDED COMPLAINT EMPLOYMENT AGREEMENTS INSTRUCTION COMPUTER SYSTEMS TIME PERIODS |
IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE
IN AND FOR NEW CASTLE COUNTY
BERNARD B. FULK IlI,
Plaintiff,
V.
THE LAURENCE J. LONG CA. No. 17747
FAMILY TRUST II,
WASHINGTON SERVICE ASSOCIATES,
INC.,
and
LAURENCE J. LONG
`i
Defendants.
PLAINTIFF'S POST-TRIAL REPLY BRIEF
OF COUNSEL:
Allen S. Rugg, Esquire Daniel A. Dreisbach, Esquire
Bart T. Valad, Esquire Richards, Layton & Finger, PA
Powell, Goldstein, Frazer & Murphy, LLP One Rodney Square
Sixth Floor P.O. Box 551
1001 Pennsylvania Avenue, N. W. Wilmington, Delaware 19899
Washington, D.C. 20004 (302) 658-6541
(202) 624-7320 Attorneys for Plaintiff
Dated: April 30, 2001
RLFI-2302394-l
TABLE OF CONTENTS
TABLE OF AUTHORITIES iii
SNIPPETS:
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6
.
DEFENDANTS RESPONSE TO POST-TRIAL BRIEF
|
EXTRACTED KEY WORDS
COURT TRUST PLAINTIFFS PLAN DISSOLUTION COUNSEL MARKET EVIDENCE LAURENCE DEFENDANTS ESQ SALE WSA PROPOSED PLAN RECEIVER SHAREHOLDERS FAMILY TRUST WASHINGTON CONFLICT COMPUTER STAFF TESTIMONY CUSTODIAN BUSINESS PROVISIONS MARKET STREET WILMINGTON HOLLAND KNIGHT LLP PENNSYLVANIA AVENUE |
IN THE: COURT OF CHANCERY FOR THE STATE OF DELAWARE
IN AND FOR NEW CASTLE COUNTY
BERNARD B. FULK, III,
Plaintiff,
V.
THE LAURENCE J. LONG
FAMILY TRUST II and
LAURENCE J. LONG,
Defendants.
DEFENDANTS' RESPONSE TO PLAINTIFF'S POST-TRIAL BRIEF
MORRIS, NICHOLS, ARSHT & TUNNEL
Thomas R. Hunt, Jr., Esq.
1201 N. Market Street
P.O. Box 1347
Wilmington, DE 19899- 1347
Tel. (302) 6589200
Of Counsel:
Steven D. Gordon, Esq.
Thomas D. Leland, Esq.
HOLLAND & :KNIGHT LLP
2099 Pennsylvania Avenue, N.W.
Suite 100
Washington, D.C. 20006
Tel. (202) 9553000
April 30, 2001
TABLE OF CONTENTS_
INTRODUCTION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
.............. 2
ARGUMENT.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
SNIPPETS:
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7
.
PLAINTIFFS POST-TRIAL BRIEF
|
EXTRACTED KEY WORDS
COURT PLAN LONGS DISSOLUTION COMPUTER STAFF TRUST DEFENDANTS BIDDING BUYERS PURSUANT CONFLICT PARTIES PLAINTIFFS WSA SHAREHOLDERS VALUATION CONTINUITY CUSTODIAN DEMONSTRATT BIDDING PROCESS COMPUTER SYSTEMS EMPLOYEES APPOINTMENT IBC GROUP MARASCO NEWTON DIRECTORS CONSOLIDATE OWNERSHIP STOCKHOLDERS DISCREDITS |
IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE
IN AND FOR NEW CASTLE COUNTY
BERNARD B. FULK III,
Plaintiff,
V.
THE LAURENCE J. LONG C.A. No, 17747
FAMILY TRUST H,
WASHINGTON SERVICE ASSOCIATES,
INC.,
and
LAURENCE J. LONG
Defendants.
PLAINTIFF'S POST-TRIAL BRIEF
OF COUNSEL:
Allen S. Rugg, Esquire Daniel A. Dreisbach, Esquir;::'
Bart T. Valad, Esquire Richards, Layton & Finger, P.&
Powell, Goldstein, Frazer & Murphy, LLP One Rodney Square
Sixth Floor P.O. Box 551
100 1 Pennsylvania Avenue, N. W. Wilmington, Delaware 19899
Washington, D.C. 20004 (:302) 658-6541
(202) 624-7320 Attorneys for Plaintiff
Dated: April 1 I, 2001
TABLE OF CONTENTS
T A B L E O F A U T H O R I T I E S . . ..ii
I. INTROD~UCTION..
SNIPPETS:
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8
.
DEFENDANTS POST-HEARING BRIEF
|
EXTRACTED KEY WORDS
COURT PLAN DOCUMENTATION DISSOLUTION BUSINESS ASSETS SALE BUYERS STAFF BIDS TRUST FACTS EMPLOYEES RECEIVER PLAINTIFFS ESQ CORPORATE ASSETS POTENTIAL BIDDERS EMPLOYMENT NEGOTIATE EMPLOYMENT WASHINGTON EMPLOYMENT AGREEMENTS AUCTION PROCESS COMPUTER SYSTEMS POTENTIAL PURCHASERS DOCUMENTATION PROJECT PROPOSALS WSA STRATEGIC BUYERS |
IN THE COURT OF CHANCERY FOR THE STATE OF' DELAWARE
L
IN AND FOR NEW CAST:LE COUNTY 2
BERNARD B. FULK, III,
Plaintiff,
V.
THE LAURENCE J. LONG <~
FAMILY TRUST II and _ ..
. _
LAURENCE J. LONG, 1
._, .'
-.+
Defendants. , _-
I b
_' _.
DEFENDANTS' POST-HEARING-BRIEF '
.._
MORRIS, NICHOLS, ARSHT & TUNNELL
Thomas R. Hunt, Jr., Esq.
1201 N. Market Street
P.O. Box I!347
Wilmington, DE 19899-1347
Tel. (302) 658-9200
Of Counsel:
Steven D. Gordon, Esq.
Thomas D. Leland, Esq.
HOLLAND & KNIGHT LLP
2099 Pennsylvania Avenue, N.W.
Suite 100
Washington, D.C. 20006
Tel. (202) 955-3000
April 11, 2001
SNIPPETS:
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9
.
ANSWER OF L. LONG TO THIRD AMENDED COMPLAINT
|
EXTRACTED KEY WORDS
PARAGRAPH FULK ADMITS DENIES ALLEGATIONS DEL ACCORDING SPEAKS CONSISTS COURT PURSUANT ALLEGES DISSOLUTION PLAINTIFF BERNARD DEFENDANT LAURENCE ASSETS APPOINTMENT CUSTODIAN JOINT VENTURE TRUST PROPER DISPOSITION KNOWLEDGE SUFFICIENT DENY EXHIBIT RELIEF WASHINGTON INCORPORATES DIRECTORS CHARACTERIZATIONS |
IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE
IN AND FOR NEW CASTLE COUNTY
BERNARD B. FULK, III,
i
Pla:intiff, 1 C.A. No. 17747
V. I
WASHINGTON SERVICE ASSOCIATES, i
INC. and LAURENCE J. LONG, 1
Defendants. I1
ANSWER OF DEFENDANT LAURENCE J. LONG TO
THE THIRD AMENDED COMPLAINT OF PLAINTIFF BERNARD B. FULK
.
Defendant Laurence J. Long ("Long"), through undersigned counsel and
pursuant to Rules 8 and 12 of the Delaware Court of Chancery Rules,
respectfully submits this Answer to the Plaintiff Bernard B. Fulk, III's ("Fulk's")
Third Amended Complaint for Discontinuance and Distribution of Assets Under
8 Del. C. § 273 and for Appointment of a Custodian Under 8 Del. C. 5 226
("Second Amended Complaint"). Long states as follows:
Introduction
1. No answer required. Paragraph 1 of the Third Amended Complaint
consists entirely of conclusions of law and assertions about the content and
effect of the Third Amended Complaint. The Third Amended Complaint and the
statutes cited therein speak for themselves; accordingly, no answer is required
Identification of the Parties
2. Admitted in part, denied in part. Long admits that the Corporation
is a joint venture corporation within the meaning of 8 Del. C. $j 273, that the
Corporation's principal offices are in Washington, D.C., and that the
Corporation reports and analyzes policies and information for institutional
SNIPPETS:
|
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10
.
ANSWER OF LAURENCE J. LONG FAMILY TRUST
|
EXTRACTED KEY WORDS
AMENDED COMPLAINT THIRD AMENDELD PARAGRAPH TRUST ADMITS ALLEGATIONS FULK TRUST DENIES DEL SPEAKS COMPLAINT CONSISTS COURT TRUST ALLEGES PLAINTIFF BERNARD LAURENCE APPOINTMENT JOINT VENTURE PROPER CHARACTERIZATIONS REQUEST FULLY SET ESQ DEFENDANT FAMILY TRUST PURSUANT CUSTODIAN WASHINGTON INCORPORATES DIRECTORS PROPER DISPOSITION |
IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE 52
c
IN AND FOR NEWCASTLE COUNTY
BERNARD B. FULK, III, 1
Plaintiff,
C.A. No. 17747 5,' -_
V. i =; `; : :I
: ; JT,
: / I, 11
WASHINGTON SERVICE ASSOCIATE:S, ;
1 f -~-' c -3
INC. and LAURENCE J. LONG, . .r-, _.
i L' ,,
Defendants. _ (:. ./
. . -.
c
-1 : ' /A
-, Y.L?
' ,; -4
ANSWER OF DEFENDANT THE LAURENCE J. LONG FAMILY T&ST II TO
THE THIRD AIvIENDED COMPLAINT OF PLAINTIFF BERNARD B. FULK
Defendant the Laurence J. Long Family Trust II ("Trust"), through
undersigned counsel and pursuant to Rules 8 and 12 of the Delaware Court of
Chancery Rules, respectfully submits this Answer to the Plaintiff Bernard B.
Fulk, III's ("Fulk's") Third Amended Complaint for Discontinuance and
Distribution of A.ssets Under 8 Del. C. § 2'73 and for Appointment of a
Custodian Under 8 Del. C. !Zj 226 ("Second Amended Complaint"). The Trust
states as follows:
moduction
1. No answer required. Paragraph 1 of the Third Amended
Complaint consists entirely of conclusions of law and assertions about the
content and effect of the Third Amended Complaint. The Third Amended
Complaint and the statutes cited therein speak for themselves; accordingly, no
SNIPPETS:
|
|
11
.
THIRD AMENDED COMPLAINT
|
EXTRACTED KEY WORDS
DIRECTORS STOCKHOLDERS MEETING JOINT VENTURE ASSETS TRUST COURT DISCONTINUANCE PLAN APPOINT COMPLAINT BUSINESS STOCK SHAREHOLDERS CUSTODIANS PURSUANT SUCCESSOR INCORPORATOR DEL PLAINTIFF DISPOSE PRESIDENT DISTRIBUTION LAURENCE EXHIBIT PURCHASE ACCORDANCE CONVENE REFUSES |
IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE
IN AND FOR NEW CASTLE COUNTY
BERNARD B. FULK, III,
Plaintiff,
v. C.A. No. 17747
i
WASHINGTON SERVICE ASSOCIATES, )
INC., THE LAURENCE J. LONG FAMILY )
TRUST II, and LAURENCE J. LONG >
Defendants. 1
THIRD AMENDED COMPLAINT FOR DISCONTINUANCE
AND DISTRIBUTION OF ASSETS UNDER 8 DEL. C. 0 273
AND FOR APPOINTMENT OF A CUSTODIAN UNDER 8 DEL. C. 6 226
Plaintiff Bernard B. Fulk, III, by and through counsel, states in support of his
complaint (the "Complaint"), as follows:
1. Fulk, as, one of two fifty per cent stockholders of the Delaware joint
corporation, The Washington Service Associates, Inc. (the "Corporation"), pursuant to 8 Del. C.
4 273, petitions this Court to order the discontinuation of the joint venture and the
its business and assets. In addition, pursuant to 8 Del. C. 0 226, Fulk petitions this Court to
appoint a custodian of the Corporation, because the two stockholders and directors are so
that they have failed to elect successor directors or to otherwise meet and act
Identification of the Parties
2. The Corporation is a Delaware joint venture corporation that was
about June 7, 1988. The Corporation maintains its principal office in Washington, D.C. The
Corporation operates in the business of reporting and analyzing various governmental policies
\ RLFl-2263X56-l
SNIPPETS:
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12
.
REPLY BRIEF OF THE TRUST
|
EXTRACTED KEY WORDS
PLAN FULK TRUST COURT BID BIDDERS DISSOLUTION CORPORATE ASSETS WASHINGTON SERVICE DOCUMENTATION DATA PROCESSING ESQ SALE BIDDING PROCESS PROPOSED PLAN OPPOSITION DATA PROCESSING SYSTEMS FAMILY TRUST DISCONTINUANCE THIRD PARTY INVESTMENT BANKER KEY EMPLOYEES PURCHASER FULK CONTENDS PLAINTIFF DISTRIBUTION HOLLAND KNIGHT LLP PENNSYLVANIA AVENUE |
IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE
IN A.ND FOR NEW CASTLE COUNTY
BERNARD B. FULK, III,
Plaintiff, >
V. i C.A. No. 17747
>
THE LAURENCE J. LONG FAMILY )
TRUST II,
i
-and-
i
WASHINGTON SERVlCE
ASSOCIATES, INC. i
Defend.ants. ij
REPLY BRIEF IN SUPPORT OF MOTION
OF DEIFENDANT THE LAURENCE J. LONG
FAMILY TRUST II TO APPROVE THE TRUST'S
PLAN OF DISCONTINUANCE AND DISTRIBUTION
OF ASSETS OF WASHINGTON SERVICE ASSOCIATES, INC.
MORRIS, NICHOLS, ARSHT & TUNNEL
Thomas J. Hunt, Jr., Esq.
1201 N. Market Street
P.O. Box 1347
Wilmington, DE 19899-1347
Tel. (302) 658-9200
Of Counseel:
Steven D. Gordon, Esq.
Thomas D. Leland, Esq.
HOLLAND & KNIGHT LLP
2100 Pennsylvania Avenue, N.W.
Suite 400
Washington, D.C. 20037
Tel. (202) 955-3000
October 11, 2000
_TABLEOFCONTENTS
SNIPPETS:
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13
.
REPLY OF THE TRUST TO OPPOSITION TO MOTION FOR PROTECTIVE ORDER
|
EXTRACTED KEY WORDS
TRUST DISCOVERY COURT DEPOSITION ASSETS DOCUMENTATION OPPOSITION MOTION PROTECTIVE ORDER DISSOLUTION ESQ DISCOVERY REQUESTS COUNSEL CHANCERY PURPOSE RESPONSE PLAN AFFIDAVIT COSTS DELAWARE COURT DEFENDANT LAURENCE FAMILY TRUST CREATION PERMISSION PLAINTIFFS TIMOTHY APPROVE FUTURE REFERENCE |
IN THE COURT OF CHANCERY FOR THE STATE OF DELAWARE
# :.I)
IN AND FOR NEW CASTLE COUNTY `i> ,>.,'
BERNARD B. FULK, III, ))
Plaintj.ff,
i
v. CA. No. 17747
1
WASHINGTON SERVICE ASSOCIATES, )
INC.,
i
Defendant..
---;
REPLY OF DEFENDANT THE LAURENCE J.
LONG FAMILY TRUST II TO PLAINTIFF'S OPPOSITION
TO THE TRUST'S MOTION FOR A PROTECTIVE ORDER
-__-
MORRIS, NICHOLS, ARSHT & TUNNEL
Thomas J. Hunt, Jr., Esq.
1201 N. Market Street
P.10. Eox 1347
Wilmington, DE 19899-1347
Tel. (302) 658-9200
Of Counecl:
Steven D. Gordon, Esq.
Thomas ID. Leland. Esq.
HOLL~WD Bs KNIGHT LLP
2100 Pennsylvania Avenue: N.W.
Suite 400
Washington, D.C. 20037
Tctl. (202) 955-3000
October 11. 2000
TABLE OF CONTIENTS
`[NTROD~IJCTION... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
SNIPPETS:
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14
.
PLAINTIFFS MEMORANDUM IN OPPOSITION TO MOTION TO APPROVE PLAN FOR DISCONTINUANCE OF WASHINGTON SERVICE ASSOC.
|
EXTRACTED KEY WORDS
COURT ASSETS TRUST MOTION DISCONTINUANCE FULK WASHINGTON SERVICE MEMORANDUM PROCEEDING DATA PROCESSING BID REQUESTS CHANCERY DISSOLUTION BIDDING PROCESS DOCUMENT REQUESTS RESPONSES SHAREHOLDER PROSPECTIVE BIDDERS DATA PROCESSING SYSTEMS WSA ADMISSION DISCOVERY THIRD PARTY CASTLE COUNTY OPPOSITION NATURE PROSPECTIVE BUYERS CUSTOMERS |
IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE
IN AND FOR NEW CASTLE COUNTY
BERNARD B . FULK III, >
Plaintiff, ;
V. ) C.A. No. 17747
THE LAURENCE J. LONG FAMILY ;
TRUST II and WASHINGTON SERVICE )
ASSOCIATES, INC., ) .
Defendants.
PLAINTIFF'S MEMORANDUM IN OPPOSITION TO DEFENDANT'S
MOTION TO APPROVE: THE DEFENDANT'S PLAN FOR
DISCONTINUANCI5 OF WASHINGTON SERVICE ASSOCIATES, INC.
OF COUNSEL:
Allen S. Rugg Daniel A. Dreisbach
Bart T. Valad Richards, Layton & Finger, P.A.
Powell, Goldstein, Frazer & Murphy, LLP One Rodney Square
Sixth Floor P.O. Box 551
1001 Pennsylvania Avenue, N. W. Wilmington, Delaware 19899
Washington, D.C. 20004 (302) 658-6541
(202) 624-7320 Attorneys for Plaintiff
Dated: October 2. 2000
RLFl-2213 104-l
TABLE: OF CONTENTS
SNIPPETS:
|
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15
.
PLAINTIFFS MEMORANDUM IN OPPOSITION TO DEFENDANTS MOTION FOR PROTECTIVE ORDER
|
EXTRACTED KEY WORDS
FULK COURT REQUEST ASSETS PLAINTIFF PROTECTIVE ORDER MOTION DATA PROCESSING DEFENDANT INSIDER TRADING RESPONSE DISCOVERY LAURENCE FAMILY TRUST ADMISSION EZ-EDGAR/SELECT FILINGS WATCH CUSTOMERS MEMORANDUM OPPOSITION DISSOLUTION DOCUMENTATION DEPOSITION DISTRIBUTION CHANNELS COMPUTER SYSTEMS COMPUTER-RELATED ASSETS PROPRIETARY DATA PROCESSING CORPORATE RESOURCES CASTLE COUNTY PROCEEDING |
IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE
IN AND FOR NEW CASTLE COUNTY
BERNARD B. FULK UI,
t
Plaintiff,
V. ; C.A. No. 17747
THE LAURENCE J. L,ONG FAMILY i
TRUST II and WASHINGTON SERVICE )
ASSOCIATES, INC.,
;
Defendants. 1
PLAINTIFF'S MEMORANDUM IN OPPOSITION TO DEFENDANT THE
LAURENCE J. LONG FAMILY TRUST II'S MOTION FOR A PROTECTIVE ORDER
OF COUNSEL:
Allen S. Rugg Daniel A. Dreisbach
Bart T. Valad Richards, Layton & Finger, PA
Powell, Goldstein, Frazer & Murphy, LLP One Rodney Square
Sixth Floor P.O. Box 551
1001 Pennsylvania Avenue, N. W. Wilmington, Delaware 19899
Washington, D.C. 20004 (302) 658-6541
(202) 624-7320 Attorneys for Plaintiff
Dated: October 2, 2000
KLFI-2213131-l
TABLE OF CONTENTS
SNIPPETS:
|
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16
.
MEMORANDUM IN SUPPORT OF MOTION FO LAURENCE J. LONG FAMILY TRUST FOR A PROTECTIVE ORDER
|
EXTRACTED KEY WORDS
FULK TRUST DEPOSITION REQUESTS COURT DISSOLUTION ASSETS COUNSEL PROTECTIVE ORDER DISSOLUTION PROCESS RESPONSE MOTION TRUSTEE LAURENCE PROCEEDING DEL CHANCERY DELAWARE COURT ESQ DISCOVERY ABSENT PARTY BURDENSOME SUPPORT PREVENTING PERMISSION CHANDLER PLAN PRECLUDING LISTS |
IN THE COURT OF CHANCERY FOR THE STATE OF DELAWARE
IN AND FOR NEW CASTLE COUNTY
BERNARD B. FULK, III,
Plaintiff,
V. I C.A. No. 17747
)
WASHINGTON SERVICE ASSOCIATES, )
INC., >)
Defendant. )
MEMORANDUM IN SUPPORT OF MOTION OF DEFENDANT THE
LAURENCE J. LONG FAMILY TRUST II FOR A PROTECTIVE ORDER
MORRIS, NICHOLS, ARSHT & TUNNEL
Thomas J. Hunt, Jr., Esq.
1201 N. Market Street
P.O. Box 1347
Wilmington, DE 19899-1347
(302) 658-9200
Attorneys for Defendant The Laurence J.
Long Family Trust II
Of Counsel:
Steven D. Gordon, Esq.
Thomas D. Leland, Esq.
HOLLAND & KNIGHT LLP
2100 Pennsylvania Avenue, N.W.
Suite 400
Washington, D.C. 20037
(202) 955-3000
September 14,200O
TABLE OF CONTENTS
SNIPPETS:
|
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17
.
MEMORANDUM IN SUPPORT OF MOTION FOR HEARING
|
EXTRACTED KEY WORDS
ASSETS TRUST DISSOLUTION COUNSEL REVISED PLAN REQUESTS ORIGINAL PLAN FULK FIRST REVISED PLAN WASHINGTON SERVICE PARTIES DISCONTINUANCE RESPONSE MOTION STOCK DISTRIBUTION PRIVATE SALE INVESTMENT BANKER PROSPECTIVE BUYERS CORPORATE ASSETS THIRD PARTY AMENDED COMPLAINT DISCOVERY REQUESTS DEFENDANT FAMILY TRUST PROCEEDING FACTS KNIGHT PENNSYLVANIA AVENUE |
IN THE COURT OF CHANCERY FOR THE STATE OF DELAWARE c/
IN AND :FOR NEW CASTLE COUNTY
13ERNARD B. FULK, III, >
Plaintiff, ;
V . ', C.A. No. 17747
1
WASHINGTON SERVICE ASSOCIATES, )
INC., )
Defendant. ;
MEMORANDUM IN SUPPORT OF MOTION OF DEFENDANT THE
LAURE:NCE J. LONG FAMILY TRUST II FOR A HEARING TO APPROVE
THE TRUST'S PLAN OF DISCONTINUANCE AND DISTRIBUTION OF
ASSETS OR STOCK (EWASHINGTON SERVICE ASSOCIATES, INC.
MORRIS, NICHOLS, ARSHT & TUNNEL
Thomas J. Hunt, Jr., Esq.
1201 N. Market Street
P.O. Box 1347
Wilmington, DE 19899-1347
(302) 658-9200
Attorneys for Defendant The Laurence J.
Long Family Trust II
Of Counsel:
Steven D. Gordon, Esq.
Thomas D. Leland, Esq.
HOLLAND & KNIGHT LL,P
2100 Pennsylvania Avenue, N.W.
Suite 400 \..,.`,,"- :
Wa.shington, D.C. 20037 .i
(202) 955.,300o ; .-
September 8, 2000
TYLE OF CONTENTS
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18
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ANSWER OF DEFENDANT LAURENCE J. LONG FAMILY TRUST TO CORRECTED SECOND AMENDED COMPLAINT
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EXTRACTED KEY WORDS
SECOND AMENDED COMPLAINT PARAGRAPH TRUST ADMITS FULK ALLEGATIONS TRUST DENIES DEL SPEAKS ACCORDING COMPLAINT CONSISTS PURSUANT COURT TRUST ALLEGES PLAINTIFF BERNARD DEFENDANT LAURENCE CORRECTED SECOND ASSETS APPOINTMENT CUSTODIAN JOINT VENTURE DISSOLUTION PROPER DISPOSITION KNOWLEDGE SUFFICIENT DENY EXHIBIT RELIEF INCORPORATES DIRECTORS |
J-
IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE -37
J i
IN AND FOR NEWCASTLE COUNTY
BERN'ARD B. FULK, III,
Plaintiff,
i C.A. No. 17747
V. 1
WASHINGTON SERVICE ASSOCIATES, i
INC. and L,AURENCE J. LONG,
Defendants.
ANSWER OF DEFENDANT THE LAURENCE J. LONG
FAMILY TRUST II TO THE CORRECTED SECOND
&MENDED COMPLAINT OF PLAINTIFF BERNARD B. FULK
The Defendant the Laurence J. Long Family Trust II ("Trust"), through
undersigned counsel and pursuant to Rules 8 and 12 of the Delaware Court of
Chancery Rules, respectfully submits this Answer to the Plaintiff Bernard B.
Fulk, III's ("Fulk's") Corrected Second Amended Complaint for Discontinuance
and Distribution of Assets Under 8 Del. C. 3 273 and for Appointment of a
Custodian Under 8 Del. C. 5 226 ("Second Amended Complaint"). The Trust
states as follows:
Introduction
1. No answer required. Paragraph 1 of the Second Amended
Complaint consists entirely of conclusions of law and assertions about the
content and effect of t.he Second Amended Complaint. The Second Amended
Complaint and the statutes cited therein speak for themselves; accordingly, no
answer is required.
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19
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CORRECTED SECOND AMENDED COMPLAINT
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EXTRACTED KEY WORDS
STOCKHOLDERS DIRECTORS ASSETS COURT JOINT VENTURE DISCONTINUANCE DELAWARE SECOND AMENDED COMPLAINT DISTRIBUTION WASHINGTON SERVICE BUSINESS CHANCERY PURSUANT PLAN BERNARD CUSTODIANS PLAINTIFF SUCCESSORS PROPOSALS INVESTMENT BANKER PURCHASERS SHAREHOLDERS OFTHE CORPORATION APPOINTMENT FULK PETITIONS ELECT SUCCESSOR DIRECTORS PRESIDENT PURCHASE DISPOSITION |
IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE
IN AND FOR NEW CASTLE COUNTY
BERNARD B. FULK, 111,
Plaintiff,
V. CA. No. 17747
WASHINGTON SERVICE ASSOCIATES ) <
and THE LAURENCE J. LONG FAMILY
TRUST II, ;
Defendants.
CORRECTED SECOND AMENDED COMPLAINT FOR DISCONTINUANCE
AND DISTRIBUTION OF ASSETS UNDER 8 DEL. C. 0 273
AND FOR APPOINTMENT OF A CUSTODIAN UNDER 8 DEL. C. 6 226
.Plaintiff Bernard B. Fulk., III, by and through counsel, states in support of his second
complaint (the "Complaint"), as follows:
Introduction
1. Fulk, as one of two fifty per cent stockholders of the Delaware joint venture
corporation, The Washington Service Associates, Inc. (the "Corporation"), pursuant to 8 Del. C. 9
273, petitions this Court to order the discontinuation of the joint venture and the disposition of
business and assets, In addition, pursuant to 8 Del. C. 9 226, Fulk petitions this Court to appoint
custodian of the Corporation, because the two stockholders and directors are so divided that they
have failed to elect successor directors or to otherwise meet and act
Identification of the Parties
2. The Corporation is a Delaware joint venture corporation that was incorporated on
about June 7, 1988. The Corporation maintains its principal office in Washington, D.C. The
Corporation operates in the business of reporting and analyzing various governmental policies and
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20
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SECOND AMENDED COMPLAINT
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EXTRACTED KEY WORDS
DIRECTORS STOCKHOLDERS ASSETS MEETING JOINT VENTURE PLAN COURT DISCONTINUE TRUST APPOINT COMPLAINT STOCK SHAREHOLDERS CUSTODIANS PURSUANT BUSINESS INCORPORATES PLAINTIFF DISPOSE SUCCESSORS INSTITUTIONAL INVESTORS PRESIDENT EXHIBIT DELAWARE ACCORDANCE DISTRIBUTION REFUSES OFTHE DEEMS |
IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE
IN AND FOR NEW CASTLE COUNTY
BERNARD B. FULK, I:II,
;
Plaintiff,
;
V. C.A. No. 17747
1 ,-
WASHINGTON SERVICE ASSOCIATES i
and THE LAURENCE J. LONG FAMILY
TRUST II, i
Defendants. ;
SECOND AMENDED COMPLAINT FOR DBCONTINUANCE -`L.
AND DISTRLBUTION OF ASSETS UNDER 8 DEL. C. 5 273 AND
FOR APPOINTMENT OF A CUSTODLAN UNDER 8 DEL. C. 6 226
Plaintiff Bernard B. Fulk, III, by and through counsel, states in support of his second
amended complaint (the "Complaint"), as follows:
Introduction
1. Fulk, as one of two fifty per cent stockholders of the Delaware joint venture
corporation, The Washington Service Associates, Inc. (the "Corporation"), pursuant to 8 Del. C. 3
273, petitions this Court to order the discontinuation of the joint venture and the disposition of
business and assets. In addition, pursuant to 8 Del. C. 4 226, Fulk petitions this Court to appoint
custodian of the Corporation, because the two stockholders and directors are so divided that they
have failed to elect successor directors or to otherwise meet and act
RLFl-21X3430-1
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21
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REPLY TO PLAINTIFFS OPPOSITION TO MOTION TO SUBSITUTE PARTIES
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EXTRACTED KEY WORDS
TRUST ALLEGATIONS COURT AMENDED COMPLAINT PROPER PARTY ASSETS DELAWARE WASHINGTON LAURENCE ESQ SUBSTITUTE DEL DEFENDANT DISSOLUTION CORPORATE ASSETS RIPE ASSET PURCHASER WASHINGTON SERVICE FIRST AMENDED COMPLAINT SOLE DEFENDANT PORTIONS PENNSYLVANIA AVENUE INJUNCTIVE RELIEF COMPETING STOCKHOLDER RECORD OWNER SHAREHOLDER HOLLAND BUSINESS |
IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE
IN AND FOR NEW CASTLE COUNTY
BERNARD B. FULK, III,
Plaintiff,
;
V. C.A. No. 17747
;
WASHINGTON SERVICE ASSOCIATES, )
INC. and LAURENCE J. LONG,
i
Defendants. .
i
REPLY TO PLAINTIFF'S OPPOSITION TO JOINT MilTION : " '
OF DEFENDANT LONG AND THE LAURENCE J. LdNG ? ,' :
FAMILY TRUST II TO SUBSTITUTE PARTIES AND TO * _
STRlKE PORTIONS OF THE FIRST AMENDED COMPLAINT
MORRIS, NICHOLS, ARSHT & TUNNELL
Thomas R. Hunt, Jr., Esq.
1201 N. Market Street
P.O. Box 1347
Wilmington, DE 19899-1347
Tel. (302) 658-9200
Counsel for Defendants Laurence J. Long and
Laurence J. Long Family Trust II
Of Counsel:
Steven D. Gordon, Esq.
Sam J. Salario, Jr., Esq.
HOLLAND & KNlGHT LL,P
2100 Pennsylvania Avenue, N.W.
Suite 4.00
Washington, D.C. 20008
Tel. (2'02) 955-3000
:TABLE OF CONTENTS
INTRODUCTION_.......................................................................................
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22
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OPPOSITION OF PLAINTIFF TO MOTION TO SUBSTITUTE PARTIES
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EXTRACTED KEY WORDS
COURT FULK TRUST MOTION DEFENDANT ASSETS PLAINTIFF LAURENCE STRIKE PORTIONS SEPARATE OWNERSHIP OFHIS SHARES WASHINGTON SERVICE SUBSTITUTE PARTIES SUPPLEMENTAL PLEADING SHAREHOLDER DELAWARE NOMINAL OWNERSHIP OFHIS DISSOLUTION PROCESS ALLEGATIONS CHANCERY FIRST AMENDED COMPLAINT FAMILY TRUST AMENDED COMPLAINT ALLEGES INTANGIBLE ASSETS DIRECTORS MEMORANDUM EVIDENCE JOINT VENTURE TRANSFERRED NOMINAL OWNERSHIP |
/---`, ? i ,i'- ), /I, ,
[L-,' . i ,, i.
IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE
IN AND FOR NEW CASTLE COUNTY
BERNARD B. FULK,
Plaintiff.
V. > &.A. No. 17747
>
WASHINGTON SERVICE ASSOCIATES, )
INC. and LAURENCE J. LONG,
i
Defendants.
OPPOSITION OF PLAINTIFF, BERNARD B. FULK,
TO THE JOINT MOTION TO SUBSTITUTE PARTIES
AND TO STRIKE PORTIONS OF THE FIRST AMENDED COMPLAINT
Plaintiff, Bernard B. Fulk ("Fulk"), opposes the Joint Motion to Substitute Parties and
to Strike Portions of the First Amended Complaint (the "Motion") filed by the Defendants,
Laurence J. Long ("Long") and the Laurence J. Long Family Trust II (the "Trust")
(collectively, the "Defendants") and |