Supreme Court of Delaware
Eagle Force Holdings, LLC, and Ef Investments, LLC, Plaintiffs Below, Appellants v. Stanley v. Campbell, Defendant…
May 24, 2018187 A.3d 1209
Summary
The court reversed and remanded because the Court of Chancery failed to make an express factual finding about whether the parties intended to be bound by the signed transaction documents and incorrectly treated their terms as insufficiently definite. The court held that the Contribution Agreement was sufficiently definite and supported by consideration, and that either enforceable agreement would support jurisdiction through its Delaware forum-selection clause. It also held that the Court of Chancery retained jurisdiction to enforce its status quo order and punish violations even if it ultimately lacked personal jurisdiction over Campbell.