Arie Genger, Defendant/counterclaim Plaintiff-Below, Appellant v. Tr Investors, LLC, Glenclova Investment Co., New…

Summary

The court affirmed the contempt finding and discovery sanctions arising from intentional destruction of electronically stored information, and upheld the determination that the Trump Group did not ratify the 2004 share transfers and acquired the Sagi Trust shares free of Genger's proxy. The court reversed only the adjudication of beneficial ownership of the Genger Shares and Orly Trust Shares because the Court of Chancery lacked personal jurisdiction over the Orly Trust and TPR in the summary proceeding. No separate opinions were filed.