United States Third Circuit
Carlyle Investment Management v. Monmouth Company SA, 13-3526
In this securities litigation, order remanding the case to Delaware Chancery Court pursuant to a forum selection clause in a 2006 contract between one of defendant Plaza management Overseas S.A.'s affiliated companies and one of plaintiffs' affiliated companies is affirmed, where: 1) the forum selection clause in the Subscription Agreement pertains to this case, may be enforced against defendants, and may be invoked by plaintiffs; and 2) the forum selection clause in the CEP III Transfer Agreement provides a valid alternative ground supporting remand to state court.
Appellate Information
- Decided 02/25/2015
- Published 02/25/2015
Judges
- Roth
Court
- United States Third Circuit