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1
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FINAL ORDER AND JUDGMENT
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EXTRACTED KEY WORDS
DELAWARE PARTNERSHIP TOTAL SUM COURT CHANCERY MARRIOTT LIVING SERVICES LLC REDEMPTION PRICE PAY MSLS EQUALING MARRIOTT SHNIOR LIVING LLC F/K/A GRHHNVILLE DELAWARE LIMITED LIABILITY REASONS SET ORAL RULING LLP PREJUDICE UNITED STATES TREASURY STATES TREASURY BILL TREASURY BILL AVERAGE BILL AVERAGE RATE COURT COSTS CHARGED-BY REGISTER SUCCESSOR ENTITY BUSINESS ENTRY |
IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE
IN AND FOR NEW CASTLE COUNTY
CHARLES D. CANTERA, et. al.,
Plaintiffs, >
V. ) C.A. No. 16&
.
> .9 -
MARRIOTT SENIOR LIVING SERVICES, INC.,
a Delaware corporationDefendant.
and ) (`,
-..,_ _
)
MARRIOTT SHNIOR LIVING SERVICES, INC. )
a Delaware corporation, >
Counterclaim Plaintiff,
V .
GREENVILLE RETIREMENT COMMUNITY,
LLC f/k/a GRHHNVILLE RETIREMENT
COMMUNITY, L.P., a Delaware limited liability
company and CHARLES D. CANTERA, )
Counterclaim Defendants.
FINAL ORDER AND JUDGMENT
For the reasons set forth in the Court's oral ruling after argument on June 25,
1999:
1. Marriott Senior Living Services, Inc.`s ("MSLS") claim to
made by the Greenville Retirement Community, LLP (the "Partnership") after August 11,
1998 is DENIED with prejudice.
2. Defendant's alternative claim for interest at the legal rate on the
redemption price of $4,062,727.00 from August 11, 1998 to March 3, 1999 is GRANTED
IN PART and DENIED IN PART. The Partnership shall pay MSLS interest at the 30 day
WP: M:\DOCSVUEL\170\ORD13R\249837-1
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2
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DEFENDANTS REPLY BRIEF IN SUPPORT OF MOTION FOR LEAVE TO FILE COUNTERCLAIMS MATURING AFTER PLEADINGS
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EXTRACTED KEY WORDS
PARTNERSHIP COURT PROPOSED COUNTERCLAIMS PREJUDICE MOTION DISCRETION DEL MSLS FILE COUNTERCLAIMS MATURING SENIOR LIVING SERVICES DEFENDANT SUFFER PARTNER PARTIES AGREEMENT CHANCERY LIMITED PARTNERSHIP COUNTERCLAIMS MATURING PLEADINGS ADIRONDACK DISTRIBUTION DELAWARE LIMITED PARTNERSHIP PIERCE CROMPTON MARRIOTT SENIOR LIVING AMERICAN POWER ARBITRIUM CAVMAN ISLANDS JOHNSTON |
IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE
IN AND FOR NEW CASTLE COUNTY
CHARLES D. CANTERA, )
PIERCE K. CROMPTON, JR., Trustee of 1
IRREVOCABLE TRUST F/B/O CYNTHIA R. )
CROMPTON, DATED AUGUST 2,1983, >
PIERCE K. CROMPTON, JR., Trustee of >
IRREVOCABLE TRUST F/B/O JOY A. >
CROMPTON, DATED AUGUST 2,1983, >
PIERCE K. CROMPTON, JR., Trustee of
IRREVOCABLE TRUST F/B/O WILLIAM i
DOUGLAS CROMPTON, DATED >
AUGUST 2,1983, PIERCE K. CROMPTON, JR., )
Trustee of IRREVOCABLE TRUST F/B/O >
ANTOINETTE PENNINGTON, DATED > C.A. No. 16498
MARCH 8,1983, GEORGE F. SNYDER )
Trustee of REVOCABLE TRUST DATED
DECEMBER 2,1988, GEORGE F. SNYDER, i
Trustee of IRREVOCABLE TRUST F/B/O JILL )
MARIE SNYDER, DATED MARCH 8,1983, )
GEORGE F. SNYDER, Trustee of >
IRREVOCABLE TRUST F/B/O ANTOINETTE )
PENNINGTON, DATED March 8,1983 and )
GREENVILLE RETIREMENT COMMUNITY, )
L.P., a Delaware Limited Partnership 11
Plaintiffs, >>
V. >
)
MARRIOTT SENIOR LIVING SERVICES, INC., )
a Delaware Corporation >
Defendant.
DEFENDANT'S REPLY BRIEF IN SUPPORT OF ITS MOTION
FOR LEAVE TO FILE COUNTERCLAIMS MATURING AFTER PLEADINGS
MORRIS, NICHOLS, ARSHT & TUNNELL
A. Gilchrist Sparks, III
Jessica Zeldin
1201 N. Market Street
P.O. Box 1347
Wilmington, DE 19899-l 347
(302) 658-9200
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3
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PLAINTIFFS BRIEF IN OPPOSITION TO MOTION FOR LEAVE TO FILE COUNTERCLAIMS
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EXTRACTED KEY WORDS
COUNTERCLAIMS PLAINTIFFS MOTION MSLS DEL CHANCERY PARTNERSHIP DELAWARE PROCEEDING MATTER PREJUDICE DEFENDANT MONEY GENERAL PARTNER EXHIBIT SUMMARY PROCEEDING REDEMPTION MARRIOTT SENIOR LIVING AUTHORITIES PROPOSED COUNTERCLAIMS INDEPENDENT ACTION FEDERAL PRACTICE SENIOR LIVING SERVICES OPPOSITION COUNTERCLAIMS MATURING REDEMPTION AMOUNT DISTRIBUTIONS COMPLAINT DETERMINATION |
IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE
IN AND FOR NEW CASTLE COUNTY
CHARLES D. CANTERA, et. al. and >
GREENVILLE RETIREMENT COMMUNITY, L.P., )
a Delaware Limited Partnership > :
>
Plaintiffs, >
V. > C.A. No. 16498
MARRIOTT SENIOR LIVING SERVICES, INC.,
a Delaware corporation
Defendant.
PLAINTIFFS' ANSWERING BRIEF IN OPPOSITION TO DEFENDANT'S
MOTION FOR LEAVE TO FILE COUNTERCLAIMS MATURING AFTER
PLEADING
YOUNG CONAWAY STARGATT & TAYLOR, LLP
Jerome K. Grossman
Martin S. Lessner
11 th Floor, Rodney Square North
Wilmington, Delaware 19899-0391
(302) 571-6600
Attorneys for Plaintiffs
Dated: April 30, 1999
WP3: M:iDOCS3\PUBL\170BR20688-1 51496.1001
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4
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MOTION FOR LEAVE TO FILE COUNTERCLAIMS MATURING AFTER PLEADING
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EXTRACTED KEY WORDS
MSLS COUNTERCLAIMS MANAGEMENT COURT AGREEMENT DEFENDANTS LIMITED PARTNERS DISTRIBUTION GENERAL PARTNER PREJUDICE ACCOUNTS DEL PAY MOTION TERMINATION PLAINTIFFS PARTY SLIP TRUSTEE IRREVOCABLE TRUST F/B/O MANAGEMENT FEE EXHIBIT PAID LIVING SERVICES DELAWARE BREACH PROPOSED COUNTERCLAIMS REIMBURSE DISCRETION |
IN AND FOR NEW CASTLE COUNTY
CHARLES D. CANTERA, 1
PIERCE K. CROMPTON, JR., Trustee of 1
IRREVOCABLE TRUST F/B/O CYNTHIA R. 1
CROMPTON, DATED AUGUST 2, 1983, )
PIERCE K. CROMPTON, JR., Trustee of
IRREVOCABLE TRUST F/B/O JOY A. ;
CROMPTON, DATED AUGUST 2, 1983, 1
PIERCE K. CROMPTON, JR., Trustee of 1
IRREVOCABLE TRUST F/B/O WILLIAM
DOUGLAS CROMPTON, DATED ;
AUGUST 2, 1983, PIERCE K. CROMPTON, JR.,)
Trustee of IRREVOCABLE TRUST F/B/O 1
ANTOINETTE PENNINGTON, DATED ) C.A. No. 16498
MARCH 8, 1983, GEORGE F. SNYDER )
Trustee of REVOCABLE TRUST DATED )
DECEMBER 2, 1988, GEORGE F. SNYDER, )
Trustee of IRREVOCABLE TRUST F/B/O JILL )
MARIE SNYDER, DATED MARCH 8, 1983, )
GEORGE F. SNYDER, Trustee of ) -_
IRREVOCABLE TRUST F/B/O ANTOINETTE ) i'
PENNINGTON, DATED March 8, 1983 and ) _ . . "-
GREENVILLE RETIREMENT COMMUNITY, L.P., )
a Delaware Limited Partnership 1
Plaintiffs, ;1
V.
1
MARRIOTT SENIOR LIVING SERVICES, INC., )
a Delaware Corporation 11
Defendant. 1
NOTICE OF MOTION
TO: Martin S. Lessner, Esq.
Young, Conaway, Stargatt & Taylor
Rodney Square North
P.O. Box 391
Wilmington, DE 19801
PLEASE TAKE NOTICE that the undersigned will present
the attached Motion For Leave To File Counterclaims Maturing After
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5
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PLAINTIFFS OPENING BRIEF
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EXTRACTED KEY WORDS
PARTNERSHIP PLAINTIFFS REDEMPTION DISTRIBUTION DEFENDANT SUMMARY JUDGMENT PURSUANT MOTION CHANCERY PREJUDICE MSLS REDEMPTION PRICE TENDER DELAWARE ENTRY PROCEEDING SUMMARY JUDGMENT DISMISSING CHANCERY RULE PRO RATA PARAGRAPHS GENERAL PARTNER COUNTERCLAIM EMPHASIS LIMITED PARTNERSHIP ENTITLEMENT UCC AUTHORITY ORDER DECLARING PERMISSIVE COUNTERCLAIM |
IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE
IN AND FOR NEW CASTLE COUNTY
CHARLES D. CANTERA, et. al. and )
GREENVILLE RETIREMENT COMMUNITY, L.P., )
a Delaware Limited Partnership
i
Plaintiffs,
V. i C.A. No. 16498
MARRIOTT SENIOR LIVING SERVICES, INC., ;
a Delaware corporation >
Defendant. >
PLAINTIFFS' OPENING BRIEF IN SUPPORT OF THEIR MOTIONS (A) FOR
SUMMARY JUDGMENT DISMISSING DEFENDANT'S "CLAIM" THAT
DEFENDANT IS ENTITLED TO INTEREST ON THE REDEMPTION PRICE
- TENDERED TO DEFENDANT ON AUGUST 11.1998 AND ACCEPTED BY
DEFENDANT ON MARCH 12.1999, (B) TO DISMISS WITHOUT PREJUDICE
DEFENDANT'S "CLAIM" REGARDING ENTITLEMENT TO A PRO RATA
SHARE OF CERTAIN PARTNERSHIP DISTRIBUTIONS: AND CC) IN THE
ALTERNATIVE, ENTRY OF PARAGRAPHS ONE THROUGH FOUR OF THE
MARCH 3.1999 ORDER AS A JUDGMENT PURSUANT TO COURT OF
CHANCERY RULE 54(b)
YOUNG CONAWAY STARGATT & TAYLOR LLP
Jerome K. Grossman
Martin S. Lessner
11 th Floor, Rodney Square North
Wilmington, Delaware 19899-03 9 1
(302) 571-6600
Attorneys for Plaintiffs
Dated: April 9, 1999
L ".
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