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1
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DEFENDANTS REPLY BRIEF IN SUPPORT OF ITS MOTION TO DISMISS
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EXTRACTED KEY WORDS
STOCK PLAINTIFF DEL LAW RED MOUNTAIN EQUITABLE JURISDICTION SPA MATTER COMPLAINT MOTION DISMISS SUPR DAMAGES SUPPORT CONTRACT PAB REQUIRING DISMISSAL PURSUANT CHANCERY MONEY DAMAGES EXCEPTION DEFENDANT DELAWARE EXCHANGE DIMENSION MACE SHARES PURCHASE CORPORATE STOCK EQUITABLE TRUST CHANDLER |
IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE /Es
IN AND FOR NEW CASTLE COUNTY
RED MOUNTAIN HOLDINGS, LTD., c. 3
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Plaintiff, : -I .-I _
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V. C.A. No. 17574 NC . -G
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STOUT PARTNERSHIP, :,,:
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Defendant.
DEFENDANT'S REPLY BRIEF
IN SUPPORT OF ITS MOTION TO DISMISS
John L. Reed (Del. I.D. No. 3023)
Steven L. Caponi (Del. I.D. No. 3484)
BLANK ROME COMISKY & MCCAULEY LLP
1201 Market Street, Suite 2100
Wilmington, Delaware 19801
(302) 425-6400
Attorneys for Defendant Stout Partnership
DATED: January 6,200O
TABLE OF CONTENTS
TABLEOFAUTHORITIES . . . . . . . . . . . . . . . . . . . . . .."................... ii
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2
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PLAINTIFFS ANSWERING BRIEF OPPOSING DEFENDANTS MOTION TO DISMISS
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EXTRACTED KEY WORDS
PLAINTIFF CONTRACT SHARES DEL DEFENDANT COURT REMEDY USPL EXCHANGE MARKET SUPR PURCHASE CHANCERY TASSETTE DAMAGES DISMISS ADEQUATE LAW CHANDLER JURISDICTION MOTION CONTROLLING REQUIRING MACE MONEY AMOUNT MONETARY DAMAGES DIMENSION PRODUCTS LINEBERRZER |
IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE
IN AND FOR NEW CASTLE COUNTY
9
RED MOUNTAIN HOLDINGS, LTD., §3
Plaintiff, 39
V. 3 C.A. No. 17574-NC
9
STOUT PARTNERSHIP, §3
Defendant. § WV
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PLAINTIFF'S ANSWERING BRIEF :.
OPPOSING DEFENDANT'S MOTION TO DISMISS 5::; ,,
DUANE, MORRIS & HECKSCHER UP
Thomas P. Preston, Esquire
Rebecca L. Butcher, Esquire
1201 Market Street
Suite 1500
Wilmington, Delaware 1980 1
(302) 657-5550
Attorneys for Plaintiff
December :20,1999
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3
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DEFENDANTS OPENING BRIEF IN SUPPORT OF ITS MOTION TO DISMISS
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EXTRACTED KEY WORDS
PLAINTIFF RED MOUNTAIN CHANCERY DEL STOCK STOUT DEFENDANT JURISDICTION USPL SHARES DELAWARE COMPLAINT SUPR REMEDY COMPL CHANCERY COURT RULE STOUT PARTNERSHIP DECLARATORY JUDGMENT LEGAL REMEDY CORPORATE STOCK COMMON STOCK LINEBERGER ALLEGATIONS STOCK PURCHASE AGREEMENT WARRANTING DISMISSAL PURSUANT SPA INJUNCTION CASTLE COUNTY RED MOUNTAIN HOLDINGS ASCERTAIN |
IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE
IN AND FOR NEW CASTLE COUNTY
:
RED MOUNTAIN HOLDINGS, LTD., :
Plaintiff,
.
V. .. C.A. No. 17574 NC
STOUT PARTNERSHIP,
Defendant.
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DEFENDANT'S OPENING BRIEF -1.:
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IN SUPPORT OF ITS MOTION TO DISMISS ;& y$.
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John L. Reed (Del. I.D. No. 3023)
Steven L. Caponi (Del. I.D. No. 3484)
BLANK ROME COMISKY & MCCAULEY LLI?
1201 Market Street, Suite 2100
Wilmington, Delaware 19801
(302) 425-6400
Attorneys for Defendant Stout Partnership
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4
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COMPLAINT FOR SPECIFIC PERFORMANCE DECLARATORY JUDGMENT AND INJUNCTIVE RELIEF
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EXTRACTED KEY WORDS
STOUT STOCK SHARES SPA MACE USPL AGREEMENT PARTNERSHIP CLOSING MACE SECURITY SWAP PLAINTIFF RED MOUNTAIN DECLARATORY MERGER AGREEMENT COURT STOCK PURCHASE EXCHANGE PLASTIC LUMBER CORPORATION DAVID EHRLICH HOLDINGS JUDGEMENT WRITTEN CONTRACT COMMON STOCK MARK ALSENTZER TRANSACTION REPRESENTATIVES REQUESTS PARAGRAPHS |
IN THE CHANCERY COURT OF THE STATE OF DELAWARE
IN AND FOR NEW CASTLE COUNTY
RED MOUNTAIN HOLDINGS, LTD., 5
Plaintiff,
V.
STOUT PARTNERSHIP,
Defendant.
-
*
COMPLAINT FOR SPECIFIC PERFORMANCE,
DECLARATORY JUDGMENT AND INJUNCTIVE RELIEF r[3
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Summarv of Action
1. This is an action by Plaintiff Red Mountain Holdings, Ltd. ("Red
Mountain") against Stout Partnership ("Stout") for specific performance and/or a declaratory
judgment on a written stock purchase agreement. The Stock Purchase Agreement, dated April
14, 1999 ("SPA") (a copy of which is attached as Exhibit A), provided that Stout would
exchange 269,454 shares of common stock of U.S. Plastic Lumber Corporation ("USPL Shares")
with Red Mountain for 269,454 shares of common stock of Mace Security International, Inc.
("Mace Shares"). Red Mountain has repeatedly demanded that this swap occur pursuant to the
terms of the SPA, and Stout has refused to close the exchange as provided under the terms of the
SPA.
Jurisdiction
2. This Court has jurisdiction pursuant to 10 Del. C. $341 inasmuch as this is
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