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RUSSELL BANKS AND DAVID BANKS, )
Individually and as partners of the Banks )
Family Partnership, )
)
Petitioners, )
)

v. ) C.A. No. 2086-S
) MARY T. BANKS, THE ESTATE OF ) RAYMOND L. BANKS, JR., DAVID ) URIAN, Executor, and BAY FOREST, ) L.L.C., as successor to Ribera Development ) L.L.C., )
Respondents. )
MEMORANDUM OPINION AND ORDER
Submitted: December 19, 2006
Decided: January 11, 2007

Melvyn I. Monzack, Esquire, Rachel B. Mersky, Esquire, Mary Elizabeth Browder, Esquire, MONZACK AND MONACO, P.A., Wilmington, Delaware, Attorneys for the Petitioners.
Eric G. Mooney, Esquire, James D. Nutter, Esquire, ERIC G. MOONEY, P.A., Georgetown, Delaware, Attorneys for Mary T. Banks.
Craig A. Karsnitz, Esquire, YOUNG CONAWAY STARGATT & TAYLOR, Georgetown, Delaware, Attorney for the Estate of Raymond L. Banks, Jr.
William H. Sudell, Jr., Esquire, MORRIS NICHOLS ARSHT & TUNNELL, LLP, Wilmington, Delaware, Attorneys for Bay Forest LLC.
LAMB, Vice Chancellor.
improper under the terms of a settlement agreement and a partnership, the respondents move to dismiss the amended complaint for failure to join indispensable parties pursuant to Court of Chancery Rules 12(b)(7) and 19(a).1 Given the particular nature of the action, and recognizing that the allegedly indispensable parties have been afforded ample notice of the action

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