United States Eleventh Circuit

Judgment in favor of plaintiffs, founders of an internet service provider, in a contract dispute involving the holdback obligation in a merger is reversed where, under the relevant contracts, defendant did not assume the holdback obligation at issue from the now-bankrupt acquiring corporation.

Appellate Information

• Decided 01/10/2006
• Published 01/10/2006

Judges

• HULL, Circuit Judge:, Before CARNES, HULL and PRYOR, Circuit Judges.

Court

• United States Eleventh Circuit

Counsel

• For Appellant:
  
• Louisa Long Stockman, James B. Newman, J. Casey Pipes, Helmsing, Leach, Herlong, Newman & Rouse, P.C., Mobile, AL, Craig Alan Guthery, Michael J. Klisch, Cooley Godward, LLP, Reston, VA, for Appellants.


• For Appellees:
  
• David Ashley Bagwell, Fairhope, AL, Bert P. Noojin, Mobile, AL, for Appellees.