The plaintiff sought summary judgment for damages and an accounting based on reciprocal profit-sharing agreements related to wind farm projects, alleging the defendants failed to remit his share of proceeds from a $30 million sale to China Longyuan.
The defendants opposed, arguing no payment obligation was triggered and that the action was statute-barred or prejudiced by delay.
The court dismissed the plaintiff's motion for summary judgment, finding the record incomplete for quantum determination and corporate defendant liability.
However, the court also dismissed the defendants' request to dismiss the action, ruling that the profit-sharing obligations were triggered and rejecting the limitation period and prejudice arguments.
The case was ordered to proceed to trial with specific directions for discovery and mediation, and certain material facts were deemed undisputed.