Infomedia Group, Inc. v. Orange Health Solutions, Inc. and Great Point Partners, LLC., C.A. No. N19C-10-212 AML CCLD, Opinion (Del. Super. Ct. July 31, 2020)
Landis Rath & Cobb LLP successfully represented defendants, Orange Health Solutions, Inc. and Great Point Partners, LLC. defeating claims of fraud and negligent misrepresentation brought in the Delaware Superior Court’s Complex Commercial Litigation Division in relation to an asset purchase agreement. The complaint, brought by Infomedia Group, Inc., alleged that Orange Health Solutions fraudulently and negligently concealed certain information material to the asset purchase agreement. Orange Health and Great Point moved to dismiss the action. On July 31, 2020, the court granted dismissal with prejudice, ending the litigation.