Delaware Supreme Court to hear US Ecology and EQ Industrial Services v. Allstate Power VAC and ASPV Holdings
The Delaware Supreme Court will hear the case of U.S. Ecology Inc. and EQ Industrial Services Inc. v. Allstate Power VAC Inc. and ASPV Holdings Inc. at 12:21 p.m., Wednesday, Jan. 16.
EQ Industrial Services Inc. and US Ecology Inc. appeal the judgment of the Court of Chancery that granted the motion to dismiss filed by Allstate Power Vac Inc. and ASPV Holdings.
Plaintiffs claim the lower court "committed legal error in dismissing EQIS’s breach of contract claim on the ground that plaintiffs failed to identify a specific provision of the (stock purchase agreement) that affirmatively obligated holdings to pay for the post-closing non-covered payments," according to the appellants opening brief.
Delaware Supreme Court case number 370, 2018