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IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE

JAMES FORSYTHE and ALAN   )  
TESCHE,  )  
)  
Plaintiffs,  )  
)  
v.  )  C.A. No. 1091-VCL  
)  
ESC FUND MANAGEMENT CO.  )  
(U.S.), INC., et al.,  )  
)  
Defendants.   )  

MEMORANDUM OPINION
Date Submitted: June 3, 2010 Date Decided: August 11, 2010
Seth D. Rigrodsky, Brian D. Long, RIGRODSKY & LONG, P.A., Wilmington, Delaware; Herbert E. Milstein, Joshua S. Devore, COHEN MILSTEIN SELLERS & TOLL PLLC, Washington, District of Columbia, Attorneys for Plaintiffs.
Michael D. Goldman, Stephen C. Norman, Kevin R. Shannon, Timothy R. Dudderar, Daniel A. Mason, POTTER ANDERSON & CORROON LLP, Wilmington, Delaware,
Attorneys for Defendants CIBC ESC Advisors, LLC, CIBC ESC SLP, LLC, and Canadian Imperial Bank of Commerce.
Kenneth J. Nachbar, Megan Ward Cascio, Kevin M. Coen, MORRIS, NICHOLS, ARSHT & TUNNELL LLP, Wilmington, Delaware, Attorneys for Defendant ESC Fund Management Co. (U.S.), Inc. and Individual Defendants.
LASTER, Vice Chancellor.
A major bank set up an investment fund for its top employees that would invest
side-by-side with the bank. After the fund performed poorly, two investors commenced litigation. The dispute already has generated five written decisions.1  The defendants now have moved for summary judgment.  I previously ruled against their laches argument and declined to reject the plaintiffs

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