These ownership interests in NorthStar were determined in part by the respective EBITDAs of the component companies. After the merger, the resulting demolition company was known as NorthStar, and the LVI and NCM entities remained as holding companies, containing their respective interests in NorthStar. Sufficient to this introductory exposition is that NorthStar was formed by a combination of two large demolition contractors, which can be identified generally as LVI and NCM. The parties and related entities are described in detail below. GLASSCOCK, Vice Chancellor 2 This is the latest chapter in the complicated legal saga resulting from the creation of a demolition company, NorthStar. Bergman of MANDELL MENKES LLC, Chicago, Illinois, Attorneys for Brian Simmons, Robert Hogan, and CHS Private Equity V LP. Porter, of MCCOLLUM D’EMILIO SMITH UEBLER LLC, Wilmington, Delware OF COUNSEL: Jeffrey H. Bond, of BROWN RUDNICK LLP, Hartford, Connecticut, Attorneys for Defendant Subhas Khara. Sensing, of POTTER ANDERSON & CORROON LLP, Wilmington, Delaware OF COUNSEL: John J. Ladig, of BAYARD P.A., Wilmington, Delaware, Attorneys for Defendant/Counter-Plaintiff NCM Group Holdings, LLC as to Claims Against Brian Simmons, Robert Hogan, and CHS Private Equity V, L.P. Mishev, of NOVACK AND MACEY LLP, Chicago, Illinois, Attorneys for Defendant/Counter-Plaintiff NCM Group Holdings, LLC, and Defendants Evergreen Pacific Partners, L.P., Evergreen Pacific Partners II, L.P., Evergreen Pacific Partners GP, LLC, Evergreen Pacific Partners II GP, L.P., Evergreen Pacific Partners II GP, LLC, Evergreen Pacific Partners Management Company, Inc., Timothy Brillon, Michael Nibarger, and Timothy Bernardez. Heins, and Philip Trainer, Jr., of ASHBY & GEDDES, Wilmington, Delaware OF COUNSEL: Stephen Novack, Donald A. Scheetz, of SPERLING & SLATER, P.C., Chicago, Plaintiff/Counter-Defendant LVI Group Investments, LLC. LAYTON & FINGER, P.A., Wilmington, Delaware OF Florsheim, Greg Shinall, Daniel A. ) MEMORANDUM OPINION Date Submitted: SeptemDate Decided: DecemRudolf Koch, Matthew W. ) ) LVI GROUP INVESTMENTS, LLC, ) SCOTT STATE, PAUL CUTRONE, ) NORTHSTAR GROUP HOLDINGS, ) LLC, LVI PARENT CORP., BRIAN ) SIMMONS, ROBERT HOGAN, and ) CHS PRIVATE EQUITY V, L.P. ) ) ) NCM GROUP HOLDINGS, LLC, ) ) Counter-Plaintiff, ) v. 12067-VCG ) NCM GROUP HOLDINGS, LLC, ) SUBHAS KHARA, EVERGREEN ) PACIFIC PARTNERS, L.P., ) EVERGREEN PACIFIC PARTNERS ) GP, LLC, EVERGREEN PACIFIC ) PARTNERS II, L.P., EVERGREEN ) PACIFIC PARTNERS II GP, L.P., ) EVERGREEN PACIFIC PARTNERS II ) GP, LLC, EVERGREEN PACIFIC ) PARTNERS MANAGEMENT ) COMPANY, INC., TIMOTHY ) BRILLON, MICHAEL NIBARGER, and ) TIMOTHY BERNARDEZ, ) ) Defendants. IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE LVI GROUP INVESTMENTS, LLC, ) ) Plaintiff, ) ) v.
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