Kelly v. Blum
Trial
12/07/10 – 12/09/10
Summary
In this telecommunications mergers and acquisitions litigations proceeding, plaintiff Thomas Kelly, founder of Marconi Broadcasting LLC brought motion for partial summary judgment to challenge the merger between Marconi Broadcasting LLC and MBC Acquisitions LLC. The plaintiff declared the merger invalid for failing to comply with certain notice provisions of Marconis LLC agreement and alleged ERIC L. BLUM of squeezing the plaintiff out of his $1.1 million investment in Marconi Broadcasting LLC.
The plaintiff was represented by attorneys Ira Silverstein and David Felice. The defendant in this case, Marconi Broadcasting LLC was represented by attorneys Lisa Lori and William Clements.
Outcome
The court denied plaintiffs motion for partial summary judgment
and granted in part and denied in part defendants motion to dismiss.
- Plaintiff
- Defense
- Judge
- Donald Parsons
- Jurisdiction
- Delaware Court Of Chancery
- Court
- New Castle County Courthouse
- Case Number
- 4516-VCP
- Industry
- Telecommunication
- Practice Area
- Mergers and Acquisitions, Business Organizations
- Expert Witnesses
Sessions
| Description | Attorney | Witness | Presence | |||
|---|---|---|---|---|---|---|
 | 00:00:00 | Witness Direct Examination | Silverstein, Ira | Kelly, Thomas | In Person | |
| 01:18:40 | Break | ||||
| 01:35:03 | Witness Direct Examination | Silverstein, Ira | Kelly, Thomas | In Person | |
| 02:34:35 | End of Session |
Recording Disclaimer: This proceeding was recorded in parts only. Available recordings do not represent the full proceeding.