Court of Chancery of Delaware May 22, 2019, C.A. No. 12875-VCL (Terramar Retail Centers, LLC v. Marion 2 Seaport Trust U/A/D/ June 21, 2002)

IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE

TERRAMAR RETAIL CENTERS, LLC, )

)

Plaintiff, )

)

v. ) C.A. No. 12875-VCL

)

MARION #2-SEAPORT TRUST U/A/D )

JUNE 21, 2002 )

)

Defendant. )

MEMORANDUM OPINION

Date Submitted: March 26, 2019

Date Decided: May 22, 2019

Kenneth J. Nachbar, Lauren Neal Bennett, Coleen W. Hill, MORRIS, NICHOLS, ARSHT

& TUNNELL LLP, Wilmington, Delaware; Edward C.