United States:
Court Denies Cross-Motions For Judgment On The Pleadings
16 July 2013
Fox Rothschild LLP
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Court Denies Cross-Motions For Judgment On The Pleadings
In the recent decision of Grosvenor Orlando Associates v. HCP Grosvenor
Orlando LLC, Civil Action No. 7246-VCG (Del. Ch. June 26,
2013), Vice Chancellor Glasscock determined the parties'
cross-motions for judgment on the pleadings. In denying the
motions, the Court ruled that the key portion of the underlying
operating agreement was ambiguous, and therefore issues of material
fact remain for the Court's adjudication. The Court
further allowed the parties to supplement the record through
discovery to provide clarification of the parties' intent.
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