Narrative Opinion Summary
The Supreme Court of Delaware affirmed the judgment of the Court of Chancery in the case involving VAT Master Corp. and VAT Master Limited Partnership as appellants against NB Alternatives Advisers LLC and other plaintiffs. The decision was made on December 15, 2021, following a thorough review of the briefs and the record from the appeal. The court referenced the reasons outlined in the Court of Chancery's order dated May 26, 2021, as the basis for its ruling. The affirmation indicates that the lower court’s findings and conclusions were upheld without alteration. The order was signed by Justice Tamika R. Montgomery-Reeves.
Legal Issues Addressed
Affirmation of Lower Court Judgmentssubscribe to see similar legal issues
Application: The Supreme Court of Delaware upheld the decision of the Court of Chancery, affirming all findings and conclusions without modification.
Reasoning: The Supreme Court of Delaware affirmed the judgment of the Court of Chancery in the case involving VAT Master Corp. and VAT Master Limited Partnership as appellants against NB Alternatives Advisers LLC and other plaintiffs.
Reliance on Lower Court Reasoningsubscribe to see similar legal issues
Application: The Supreme Court relied on the rationale provided by the Court of Chancery in its May 26, 2021, order to justify its decision to affirm.
Reasoning: The court referenced the reasons outlined in the Court of Chancery's order dated May 26, 2021, as the basis for its ruling.