Stimwave Techs. v. Perryman, C. A. 2019-1003-SG

CourtCourt of Chancery of Delaware
Writing for the CourtSam Glasscock III Vice Chancellor.
PartiesSTIMWAVE TECHNOLOGIES INCORPORATED, a Delaware corporation, Plaintiff, v. LAURA TYLER PERRYMAN, GARY PERRYMAN, MICRON DEVICES LLC, a Delaware limited liability company, STIMGUARD MEDICAL CORPORATION, a Delaware corporation, LTP LIMITED, LLC, a Bahamian company, MICRON MEDICAL LLC, a Bahamian company, STIMGUARD LLC, a Florida limited liability company, STIMGUARD MEDICAL CORPORATION, a Florida corporation, PATRICK LARSON, ELIZABETH GREENE, GRAHAM GREENE, BENJAMIN SPECK, RICHARD LEBARON, BRANDYN PERRYMAN, and MARLENE PEÑA, Defendants. LAURA TYLER PERRYMAN, GARY PERRYMAN, MICRON DEVICES LLC, a Delaware limited liability company, Counterclaim-Plaintiffs, v. STIMWAVE TECHNOLOGIES INCORPORATED, a Delaware corporation, Counterclaim-Defendant. LAURA TYLER PERRYMAN, GARY PERRYMAN, MICRON DEVICES LLC, a Delaware limited liability company, Third-Party Plaintiffs, v. KENNEDY LEWIS INVESTMENT MANAGEMENT LLC, SV HEALTH INVESTORS, LLC, PAUL LAVIOLETTE, DR. MARC LOEV, REGGIE GROVES, JEFFREY GOLDBERG, Third-Party Defendants.
Docket NumberC. A. 2019-1003-SG
Decision Date09 June 2022

STIMWAVE TECHNOLOGIES INCORPORATED, a Delaware corporation, Plaintiff,
v.

LAURA TYLER PERRYMAN, GARY PERRYMAN, MICRON DEVICES LLC, a Delaware limited liability company, STIMGUARD MEDICAL CORPORATION, a Delaware corporation, LTP LIMITED, LLC, a Bahamian company, MICRON MEDICAL LLC, a Bahamian company, STIMGUARD LLC, a Florida limited liability company, STIMGUARD MEDICAL CORPORATION, a Florida corporation, PATRICK LARSON, ELIZABETH GREENE, GRAHAM GREENE, BENJAMIN SPECK, RICHARD LEBARON, BRANDYN PERRYMAN, and MARLENE PEÑA, Defendants.

LAURA TYLER PERRYMAN, GARY PERRYMAN, MICRON DEVICES LLC, a Delaware limited liability company, Counterclaim-Plaintiffs,
v.

STIMWAVE TECHNOLOGIES INCORPORATED, a Delaware corporation, Counterclaim-Defendant.

LAURA TYLER PERRYMAN, GARY PERRYMAN, MICRON DEVICES LLC, a Delaware limited liability company, Third-Party Plaintiffs,
v.

KENNEDY LEWIS INVESTMENT MANAGEMENT LLC, SV HEALTH INVESTORS, LLC, PAUL LAVIOLETTE, DR. MARC LOEV, REGGIE GROVES, JEFFREY GOLDBERG, Third-Party Defendants.

C. A. No. 2019-1003-SG

Court of Chancery of Delaware, Sussex

June 9, 2022


Date Submitted: June 7, 2022

Richard P. Rollo, Esq., Kevin M. Gallagher, Esq., Travis S. Hunter, Esq., Nicole M. Henry, Esq., Richards, Layton & Finger, P.A. One Rodney Square.

Sam Glasscock III Vice Chancellor.

Dear Counsel and Ms. Perryman:

This Letter Opinion is explanatory of the Order, attached, denying certification of an interlocutory appeal, sought by Ms. Perryman, from my Rulings of the Court on May 4, 2022, [1] styled by Ms. Perryman as "denying Defendants' Motions to Vacate the Status Quo Order . . . and reference to alleged contempt."[2]

1

My May 4 bench ruling imposed a stay in this action pending resolution of a criminal investigation against Ms. Perryman (the "Stay").[3]

To the extent Ms. Perryman seeks to contest the "reference" of contempt, consequences of which await the lifting of the Stay, that finding took place on November 9, 2020, [4] and the interlocutory appeal is improper on that basis.[5]

To the extent the request for certification applies to my decision to maintain the stipulated Status Quo Order during the Stay, that Ruling provided that "any party may seek to vacate the status quo order for good cause shown due to a change in circumstances, which I note shall include any lengthy continuance of the stay I have put in place."[6] Therefore, no substantial issue was decided, and no legal right established, by...

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