Background Paths
Court of Chancery of Delaware

Caring People Holdco, LLC v. Shalom (Steven) East

C.A. No. 2024-0125-SEM0 citations·

Summary of the case Caring People Holdco, LLC v. Shalom (Steven) East

This case involves a dispute between Caring People entities and Shalom (Steven) East, who founded Caring People, and Jennifer Devine. East breached contractual obligations by forming a competing team while exiting the company. The court ruled in favor of the plaintiffs, awarding $4.304 million in damages, with East responsible for 75% and Devine 25%. East's counterclaims were mostly unsuccessful, except for one related to tax liability distributions. The court reinstated the original two-year restrictive covenants for the defendants.

Key Issues of the case Caring People Holdco, LLC v. Shalom (Steven) East

  • Breach of contractual obligations
  • Counterclaims related to tax liability distributions

Key Facts of the case Caring People Holdco, LLC v. Shalom (Steven) East

  • East founded Caring People and later formed a competing team
  • Court awarded $4.304 million in damages to plaintiffs

Decision of the case Caring People Holdco, LLC v. Shalom (Steven) East

Ruling largely in the plaintiffs’ favor, awarding $4.304 million in damages.

Impact of the case Caring People Holdco, LLC v. Shalom (Steven) East

Reinstatement of original two-year restrictive covenants for defendants.

Opinions

      IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE

CARING PEOPLE HOLDCO, LLC,                )
CARING PEOPLE MANAGEMENT                  )
SERVICES COMPANY, LLC, CARING             )
PEOPLE FL OPERATING, LLC, CARING )
PEOPLE NJ OPERATING, LLC and              )
CARING PEOPLE NY OPERATING, LLC, )
                                          )
           Plaintiffs,                    )
                                          )
      v.                                  )   C.A. No. 2024-0125-SEM
                                          )
SHALOM (STEVEN) EAST and                  )
JENNIFER DEVINE,                          )
                                          )
           Defendants.                    )
                                          )
SHALOM (STEVEN) EAST and                  )
CARINGONDEMAND, LLC,                      )
                                          )
                  Counterclaim and        )
                  Third-Party Plaintiffs, )
                                          )
      v.                                  )
                                          )
CARING PEOPLE HOLDCO, LLC,                )
CARING PEOPLE MANAGEMENT                  )
SERVICES COMPANY, LLC, CARING             )
PEOPLE FL OPERATING, LLC,                 )
CARING PEOPLE NJ OPERATING,               )
LLC, and CARING PEOPLE NY                 )
OPERATING, LLC,                           )
                                          )
           Counterclaim Defendants, and )
                                          )
SILVER OAK CP, LLC, GREGORY M.            )
BARR, and ANDREW GUSTAFSON,               )
                                          )
           Third-Party Defendants.
                           MEMORANDUM OPINION1

                          Date Submitted: February 20, 2026
                           Date Decided: March 10, 2026

Joseph B. Cicero, Ryan M. Lindsey, CHIPMAN BROWN CICERO & COLE, LLP,
Wilmington, Delaware; Mark W. Freel, TROUTMAN PEPPER LOCKE LLP,
Providence, Rhode Island; Alexandra G. Lancey, TROUTMAN PEPPER LOCKE
LLP, Dallas, Texas; Counsel for Plaintiffs

Eric A. Veres, Michael T. Manuel, Benuel W. Stoltzfus, ABRAMS & BAYLIS LLP,
Wilmington, Delaware; Counsel for Defendant and Counterclaim and Third-Party
Plaintiff Shalom (Steven) East and Counterclaim Plaintiff CaringOnDemand, LLC

Periann Doko, BERGER MCDERMOTT LLP, Wilmington, Delaware; Counsel for
Defendant Jennifer Devine




MOLINA, Senior Magistrate

1
 The parties agreed to submit this action to me for a final decision under 10 Del. C. § 350
and Court of Chancery Rule 144(g). Thus, I am issuing my ruling as a memorandum
opinion which shall have the same effect as a decision of the Chancellor or Vice
Chancellors and is subject to the same procedural and substantive review of that of the
Chancellor or Vice Chancellors.
      This case arises from a founder-investor relationship gone wrong. Despite

thorough due diligence and early synergies, the parties found themselves in an

imperfect match. With all agreeing that something needed to give, the founder

agreed to stand down and, ultimately, depart. But he was not ready to retire.

      While on his way out the door, the founder built a new team and ramped that

team up to compete with his prior business. Although one can appreciate his

entrepreneurial spirit, the founder breached his contractual obligations and is, herein,

held accountable. He also aided his teammates in breaching their obligations, one of

which was his co-defendant in this action and is held separately liable for breaching

her contractual obligations.

      Not one to back down from a fight, the founder pressed several counterclaims

in this action. Those counterclaims largely fail, except under one provision in an

LLC agreement, which required distributions for tax liabilities.

      Ruling largely in the plaintiffs’ favor, I award $4.304 million in damages,

allocated ¾ to the founder and ¼ to his co-defendant teammate (plus pre- and post-

judgment interest) and partial fee shifting. I also reinstate the original two-year terms

of both the defendant’s restrictive covenants to give the plaintiffs the benefit of their

bargain. For the founder’s counterclaim, I award him offsetting damages.

      This is my post-trial ruling. It is being issued as a memorandum opinion,

rather a final report, because the parties agreed to present this case to me for a final
decision, subject to the same procedural and substantive review of that of the

Chancellor or Vice Chancellors.

I.     BACKGROUND 2

       This case began as a dispute between Caring People Holdco, LLC, Caring

People Management Services Company, LLC, Caring People FL Operating, LLC,

Caring People NJ Operating, LLC, and Caring People NY Operating, LLC, (the

“Plaintiffs”) and Shalom (Steven) East, CaringOnDemand, LLC, (“COD”) and

Jennifer Devine (with East, the “Defendants”). I dismissed the claim against COD,

but it remains as a counterclaim plaintiff who, together with East, sued the Plaintiffs

and third-party defendants Silver Oak CP, LLC (“Silver Oak”), Gregory M. Barr,

and Andrew Gustafson, as further addressed herein. The following reflects my post-

trial findings of fact.

       A.     The Founding

       East is an entrepreneur at heart. His friends and colleagues consider him a

“very smart guy,” who consistently helps his friends without expecting anything in


2
  The facts in this report reflect my findings based on the record developed at trial from
January 20, 2026 through January 23, 2026, as well as those agreed upon by the parties in
the joint pretrial stipulation. See Docket Item (“D.I.”) 238–241 (trial transcript), 227
(“Pretrial Order”). Citations to the trial transcript are in the form “[Last name] Tr.” referring
to the testimony or objection of the identified person. Defined parties reflect that
designation. The parties’ jointly submitted exhibits are cited as “JX __.” The lodged
depositions are cited as “[Last name] Dep.” Like the transcript citations, defined parties are
identified with that designation. I grant the evidence the weight and credibility I find it
deserves.


                                               2
return.3 At issue in this dispute is his business known as Caring People, which he

founded in 1998.4 East started Caring People as a small employment agency for

nannies and housekeepers in Flushing, Queens New York.5 But the company soon

grew into a home healthcare company, focusing on providing assistance with daily

activity for individuals who wanted to live at home.6 East’s connection to Caring

People wasn’t just financial—it was personal. He named Caring People after his

grandmother, and he describes it as a “legacy business that [he] spent [his] entire

professional career building.”7

         Under East’s direction, Caring People grew and shifted its business to

providing licensed private duty nursing and healthcare services.8 East explained that

Caring People has “a bill rate that [they] charge the customers based upon the

amount of care that they need, which runs the entire spectrum.” 9 When customers

then pay for its services, Caring People first pays the caregivers, what East considers




3
    Feder Tr. 1085:19–20; Johnson Tr. 1256:15–21.
4
    East Tr. 357:20–23.
5
    East Tr. 358:1–4.
6
    East Tr. 358: 5–15.
7
    East Tr. 358:21–359:4.
8
    Pretrial Order ¶ 48.
9
    East Tr. 359:7–10.


                                            3
“direct labor costs.” 10 “The spread between those two numbers is the profit

margin.” 11

         Despite East’s clear vision and business model, Caring People faced

challenges. It struggled to distinguish itself from other home care agencies in the

marketplace.12 And the industry overall faced caregiver shortages and an increasing

cost of care.13 But East had a plan.

         To set Caring People apart in the market and allow for even greater growth,

East developed a technology platform, originally under the name Avior Sciences

(“Avior”).14 When he created Avior in 2015, East had “grandiose” plans; he

envisioned a technology platform operating as the single marketplace connecting

agencies, caregivers, and clients, streamlining the entire home healthcare process.15

That platform was eventually transitioned into COD, 16 an application through which




10
     East Tr. 359:10–12.
11
     East Tr. 359:12–13.
12
     East Tr. 363:2–7.
13
  East Tr. 363:14–16 (describing the home healthcare industry as “very fragmented” and
the caregiver to client ratio as “about four to one”).
14
     East Tr. 363:8–10.
15
     East Tr. 363:17–24.
16
     Barr Tr. 15:16–19; East Tr. 571:17–19.


                                              4
clients in need of home healthcare “could hit the button, and request care.”17 That

care, in the early years, then came exclusively from Caring People caregivers.

         As time went on, Caring People grew and expanded. It owed much of its

success to Devine, who joined Caring People in 2007 as the Director of Business

Development in the Long Island region. 18 She testified that her role was to “educate

people about what Caring People does and to bring on business.” 19 She excelled and

was promoted to Regional Director of Business Development. 20 Devine quickly

became known as the top sales representative of the company. 21 And she received

accolades and acknowledgement for her work at Caring People. 22




17
   East Tr. 386:2–4; see also JX2008, at 22 (describing Avior as “an incubator for post-
acute care technology that focuses on utilizing data analytics to improve patient quality of
life and ease the burden of delivering healthcare services.” The “web and mobile feature
will enable [agencies] to engage with clients prior to being discharged from a facility,
thereby allowing for earlier onboarding and shorter time-to-service.”).
18
     Devine Tr. 911:12–17.
19
   Devine. Tr. 912:5–7. Devine conducted educational presentations at hospitals, assisted
living centers, libraries, and senior centers while promoting the Caring People business.
Devine Tr. 912:9–10, 18–22.
20
     Devine Tr. 911:12–17.
21
  See Barr Tr. 35:24–36:2; East Tr. 639:3–5; Kornblum Tr. 643:12–17 (noting that Devine
was pointed out as the highest-performing sales rep and a “critical force” in New York, and
that “the loss of Jen Devine would be catastrophic to the business”).
22
  Devine Tr. 921:6–13, 923:3–7. It was even estimated that she brought in over $25 million
in annual sales. JX122 at 2.


                                             5
         B.        2016 Growth & Agreements

         By 2016, Caring People had grown far from its humble beginnings. No longer

just a Queens operation, by 2016, Caring People was providing home healthcare in

New York, New Jersey, and Florida.23 With East’s leadership and Devine’s business

development, Caring People generated over $30 million in gross revenue and $4

million in annual profit.24 This success came despite stiff competition, with roughly

400,000 direct providers of home care services in the United States and “thousands”

in New York and New Jersey. 25

         With its growth and success, Caring People took steps to formalize and protect

its business. For example, it developed a corporate compliance plan and required top

employees to acknowledge and sign onto it. Devine did so on August 29, 2016.26 On

that same day, Devine signed a Business Protection Agreement (the “BPA”). 27 The

BPA was between Devine and Homestar LLC, on Caring People letterhead, and

barred Devine from misusing the company’s confidential information or competing

with, or soliciting any employees of, the company for the term of her employment




23
     East Tr. 364:7–10.
24
     JX5 at 3–4.
25
     East Tr. 36024–361:10.
26
     JX1 at 7–13.
27
     JX1; Devine Tr. 968:8–13.


                                            6
plus six months. 28 With the compliance plan and the BPA, Devine also signed a non-

solicitation agreement wherein she agreed not to solicit or accept employment

directly by any client of Caring People during her employment with Caring People

and for a period of six months thereafter.29

         C.       The Silver Oak Acquisition

         As Caring People continued to grow, East began looking for outside

investors. 30 He first looked to Lineage Capital, a Boston-based private equity firm

who he thought understood the home healthcare space. 31 But after extensive due

diligence, Caring People and Lineage were unable to agree on one key factor—the

fate of COD; Lineage wanted COD to be part of the transaction, 32 but selling COD

was a step too far for East.33 With COD off the table, any deal was dead on arrival.




28
     JX1 at 17.
29
     JX1 at 6.
30
     East Tr. 364:11–16.
31
     East Tr. 365:12–14.
32
     East Tr. 365:14–21.
33
  East Tr. 365:14–21 (explaining, “[w]e worked through a bunch of diligence and got to
the point of an LOI. Here was one caveat for me that we got stuck on, is they wanted
[COD]. They were offering some consideration for it. But for me, it was a little too new,
and I wasn’t prepared to kind of sell it. So that was a big sticking point, and that ultimately
led to us not being able to go forward.”).


                                              7
         Then another opportunity arose. East received an email from a buy-side

broker, introducing him to Gregory Barr and Silver Oak.34 Silver Oak is a Delaware

limited liability company and an affiliate of Silver Oak Services Partners, LP, a

private equity firm headquartered in Evanston, Illinois.35 Barr founded Silver Oak

in 2005, where he now serves as the managing partner.36 Also instrumental in the

Caring People-Silver Oak transaction was Andrew Gustafson, who has been a

partner at Silver Oak for the last thirteen years.37

         Silver Oak is an experienced private equity firm. Over its twenty-one years of

operation, Silver Oak has purchased a controlling interest in 40 platform companies

and over 100 add-on acquisitions. 38 This experience poised it to conduct thorough

due diligence into the Caring People opportunity.

         Through that due diligence and negotiations, Barr understood the nature of

Caring People’s business to be private-duty home care in the northeast United


34
   See East Tr. 364:18–365:2; see also JX 2003; Barr Tr. 8:22–9:3 (testifying that he was
first introduced to East “through a buy-side broker called Chestnut Hill Partners”).
35
     Barr Tr. 6:21–22; Pretrial Order ¶ 52.
36
     Barr Tr. 6:18–7:1.
37
     Gustafson Tr. 734:16–21.
38
   Barr Tr. 7:5–8. Barr explained that Silver Oak’s process for evaluating investments is
complex. The team researches and identifies sectors of interest. Id. at 7:13–19. Once a
business is identified, due diligence begins. The accounting firms do quality checks on
earnings, consultants perform market studies and customer surveys, and the investment
team reviews multiple performance metrics. Id. at 7:22–8:3. Typically, once a company is
acquired, the Silver Oak investment team sits on the board of the company along with the
acquired CEO. Id. at 8:7–15.


                                              8
States.39 Like with Lineage, East disclosed and Silver Oak looked into Avior/COD.40

East was upfront about his “vision to build applications and tools that will support

and enhance [Caring People] services” through what he called his “software

development entity whose focus would be addressing through technology the New

Post Acute Care landscape.”41 Having learned from the failed Lineage deal, East

pushed Caring People and COD as a packaged deal, hoping Silver Oak would

acquire both and envisioning the two platforms working in tandem. But Silver Oak

was less interested in the package and negotiations were difficult, with lots of back

and forth, which “kind of colored [the] relationship going forward.” 42

         Ultimately, Silver Oak passed on the COD opportunity. From Barr’s

perspective, there had been no indication that Avior/COD was involved in any way,

directly or indirectly, in providing home care services. 43 Silver Oak left negotiations

convinced that COD was sufficiently separate but Barr did have concerns about East

serving as CEO of both Avior/COD and Caring People, worrying that East’s




39
     Barr Tr. 9:6–9.
40
     Barr Tr. 9:17–23.
41
     Barr Tr. 10:17–11:3; JX2 at 2.
42
     Gustafson Tr. 736:20–24.
43
  Barr Tr. 11:4–7. Barr testified that if there had been such an indication, Silver Oak would
not have purchased only one of the two intertwined businesses that offer the same services,
because that would not have made sense. Barr Tr. 11:8–13.


                                             9
attention would be divided.44 Nevertheless, Silver Oak did extensive due diligence

and decided to move forward with a deal solely regarding Caring People.45

         Through the Purchase and Contribution Agreement dated March 20, 2017 (the

“PCA”), East agreed to sell a controlling interest in Caring People to newly created

entities formed by Silver Oak.46 Altogether, the purchase price was $30,250,000.47

At closing, East received $11.3 million in cash. 48 He also retained roll over equity

of about 40% ownership of the new entity formed for the Caring People, which was

valued at about $8.4 million. 49


44
   Barr Tr. 11:14–24. To combat these concerns and keep the negotiations going, East
assured Silver Oak that he had a software leader in place to do the day-to-day work at
Avior/COD, thereby leaving East only general oversight duties. East confirmed that his full
time and attention would be on Caring People moving forward. Barr Tr. 12:1–8
45
     East Tr. 366:7–11.
46
  Pretrial Order ¶ 54; JX8. COD was explicitly excluded from the sale. See JX8 at 21;
JX13 at 317.
47
  JX 8 at 24; Barr Tr. 13:2–8. Barr explained that per industry custom, the purchase price
was reached through a valuation of Caring People on multiple earnings such as earnings
before interest, taxes, depreciation, and amortization (“EBITDA”), and finally applying a
purchase multiple of 7.8 to that earning stream. Barr Tr. 20:2–10.
48
     JX7 at 1; Barr Tr. 16:4–10.
49
   JX7 at 1; Barr Tr. 16:12–17. There were several holdbacks at closing. The indemnity
escrow, totaling $1.5 million, was a holdback for potential breaches of representations and
warranties post-closing. JX7 at 1; Barr Tr. 17:4–8. Those funds were eventually released
to East. Barr Tr. 17:7–8; East Tr. 467: 15–22. The purchase price holdback, $2.65 million,
was held pending the transfer of the healthcare license to the new entity. JX7 at 1; Barr Tr.
17:13–18. The license was transferred, and the funds disbursed to East. Barr Tr. 17:18–21;
East Tr. 468:2–10. The earnout holdback, $2.25 million, was conditioned on completion of
a performance hurdle based off the first year of EBITDA that Caring People generated.
JX7 at 1; Barr Tr. 18:1–5. The company ultimately failed to meet that goal, but East was
still paid at least half of that amount after negotiations. East Tr. 468:11–469:4 (testifying
that he received “probably half, maybe a little but more than half” of the funds); Barr Tr.

                                             10
         Through the PCA, East agreed to several restrictive covenants binding his

conduct during this continued employment with Caring People and for a period of

two years thereafter. 50 Those restrictions include a noncompete, a non-solicit, and a

confidentiality clause. 51 But East carefully negotiated carve-out for Avior/COD,. 52 It

provides, in part, “nothing in this Section 9.1 [(the non-compete)] shall be deemed

to prohibit or restrict the business activities of [Avior/COD] so long as [Avior/COD]

is not engaged in a Restricted Business. For avoidance of doubt, the Parties agree

that [Avior/COD’s] business as of the First Closing is not a Restricted Business.”53

         In addition to the PCA, at closing, East signed onto the new entity’s LLC

agreement (the “Holdco Agreement”) and an Incentive Unit Agreement (the “East

IUA”). In the Holdco Agreement, East agreed that certain “trade secrets and

information of a proprietary or confidential nature relation . . . to the business and

customers of the Company” would be disclosed to East, and that his “relationship to



18:16–19. The unpaid amount ultimately went back into Caring People. Barr Tr. 18:20–24.
The final holdback was for employment withholdings, for $2.28 million. JX7 at 1. Through
Silver Oak’s diligence, it discovered that East had failed to pay taxes on some of the
employee withholdings due to classification issues. Silver Oak escrowed the money to
satisfy East’s obligations to the government. Barr Tr. 19:3–10; East Tr. 469:10–15.
50
     JX8 at 75.
51
     Id. at 75–77.
52
     Barr Tr. 14:19–15:9.
53
  JX8 at 76. Gustafson explained that had Avior/COD been operating as a direct provider
of home healthcare services, Silver Oak would not have agreed to the carve out, and likely
would not have gone through with the deal. Gustafson Tr. 736:12–15.


                                           11
the other Members and to the Company with respect to such Confidential

information shall be fiduciary in nature.” 54 Through the East IUA, East agreed to

additional restrictive covenants for the duration of and until two years after his

ownership of incentive units granted therein.55 The East IUA prohibited East from

hiring, soliciting, or attempting to hire any Caring People employees, and from

soliciting any actual or prospective customer or referral source of Caring People.56

As consideration for these covenants, East received 200,000 Class B Units, 200,000

Class C-1 Units, 200,000 Class C-2 Units, and 200,000 Class C-3 Units. 57

           As an identified top employee, Devine was also granted incentive units and

was invited to sign an Incentive Unit Agreement (the “Devine IUA”). Devine signed

the Devine IUA on the same day as East executed the East IUA (March 20, 2017).

The Devine IUA contained the same restrictions in the East IUA and, as

consideration, Devine was granted 40,000 Class B Units, 40,000 Class C-1 Units,

40,000 Class C-2 Units, and 40,000 Class C-3 Units.58




54
     JX9 at 55–56.
55
     JX10 at 6.
56
     Id.
57
     Id. at 1.
58
     JX12.


                                           12
         D.     Initial Success

         With the acquisition complete, Silver Oak and East worked together to grow

Caring People’s business. Silver Oak’s strategic plan was optimistic. It involved

building Caring People into a leading national provider of private duty home care

services, envisioning over $100 million in revenue with 15–20% EBITDA

margins.59 To reach such a lofty goal, they planned to “[a]gressively grow through

multiple add-on acquisitions per year” focusing on private duty, private pay home

care services in adjacent markets.60 Finally, they planned to invest in corporate

infrastructure to allow acquisition growth without negative impacts to the business.61

These goals were in line with East’s vision for Caring People; he also wanted to

aggressively expand through acquisition.62

         To that end, Silver Oak and East would work in tandem. East would continue

as CEO, 63 Barr and Gustafson would serve on the board, and Silver Oak, through a

management services agreement, would provide several services to Caring People,

such as general executive and management services, business development




59
     JX2011 at 4; Barr Tr. 368:5–11.
60
     JX2011 at 4.
61
     JX2011.
62
     East Tr. 369:1–10.
63
     Barr Tr. 23:6–11; East Tr. 382:23–383:3.


                                                13
functions, negotiation and analysis of financing alternatives, finance functions,

marketing functions, and human resource functions. 64

         This team resembled Silver Oak’s typical framework, meant to empower the

founder with Silver Oak’s capital and advice. The way Silver Oak saw it, East was

in “charge. He’s the CEO. It’s his team. [Silver Oak’s] job is to help with strategic

decisions, help to build the business, help him do things he’s never done before[.]”65

But the relationship between Silver Oak and East was not perfect.

         In particular, East and Gustafson never saw eye-to-eye; Gustafson explained

that the relationship had “never been great” especially at the time of the deal and

immediately post-deal. 66 He found it difficult to build trust with East due to “walls

being put up and lack of as much transparency and communication[.]” 67 The lack of

transparency made it difficult for Silver Oak to truly understand how best to help

Caring People. 68



64
     JX11 at 1–2.
65
   Gustafson Tr. 741:3–7. Gustafson explained that if East was just a “passenger on the
train, something has gone wrong.” Gustafson Tr. 740:19–741:1.
66
     Gustafson Tr. 737:12–17.
67
     Gustafson Tr. 739:5–8.
68
   Gustafson Tr. 739:8–11. Gustafson described these issues as understandable, if not
expected. “Most of the deals we do are investing alongside founders who are most often
the CEO. And to transition from being a founder who owns your own business without
having any oversight or boss or board to then having people who are a board above you
and have a majority interest in the company is a difficult transition, and it’s difficult for
most people.” Gustafson Tr. 737:18–24.


                                             14
         Nevertheless, Caring People was doing well even during the COVID-19

pandemic; while countless businesses struggled, Caring People excelled under

East’s leadership. Caring People’s main clients—senior citizens—were those most

impacted and exposed to COVID, and many did not want caregivers to come into

their homes.69 But East pivoted Caring People into senior living facilities struggling

with staffing issues. Caring People—with the help of COD—entered staffing

agreements with those facilities, where Caring People’s network of providers would

use COD to sign up for vacant shifts at facilities.70 The change to staffing agreements

led Caring People to have “some of [its] best months” under East’s tenure as CEO. 71

         E.     The Tax Credits

         During the pandemic, Caring People applied for employee retention tax

credits (“ERTC”) to help employees with tax obligations. The program was designed

to help businesses navigate the downturn in revenue brought by the pandemic.72 East

agreed to apply to the program, and that application was ultimately granted.73


69
  East. Tr. 389:21–390:8 (describing the home care industry being “decimated” by
COVID, and seeing an “almost complete shutdown” of all home care visits).
70
  Barr Tr. 89:22–90:2 (“East had done a good job of finding ways to generate revenue in
COVID, and one of them was staffing agreements with assisted living centers[.]”); East Tr.
390:16–391:6 (“So [COD developers] built for them . . . a front end for their facilities to
put in all care requests. And where it was appropriate for Caring People, we made sure that
Caring People was the ones facilitating those requests.”).
71
     East Tr. 390:12–14, 391:6–7.
72
     Barr Tr. 52:13–15.
73
     Barr Tr. 52:16–22; East Tr. 620:16–21.


                                              15
         The ERTC program granted Caring People a series of payments to eventually

distribute to shareholders, but it was not clear when, if at all, those payments would

be approved by the relevant authorities. 74 The company expected eighteen checks in

all, totaling roughly $13–14 million.75 Amerisa Kornblum, Caring People’s Chief

Financial Officer, explained that the company planned to make tax distributions to

shareholders, use the funds for operations, and to pay down debt.76 But not all

eighteen checks were ultimately received. Three checks bound for New York were

lost or stolen and misappropriated. To date, two checks are still missing, and as a

result, all unit holders of Caring People incurred tax liabilities, including East and

Silver Oak. 77

         To help East with his significant tax liabilities and the missing or delayed

ERTC credits, Gustafson and Silver Oak offered him a loan.78 East was appreciative




74
     Barr Tr. 53:1–9.
75
   Kornblum Tr. 663:19–664:3 (explaining that the company could only apply for three
fiscal quarters of the 2021 tax year, times six states Caring People operated in, equaling
eighteen checks in total).
76
     Kornblum Tr. 664:4–16 (noting Caring People had over $20 million in debt at this time).
77
  Barr Tr. 53:21–54:1 (explaining that Silver Oak would not pay distributions in advance
of receiving the tax credits). Kornblum explained that even when Caring People received
cash from ERTC’s, Silver Oak was more inclined to pay down debt first because it was in
the best interest of the shareholders. Kornblum Tr. 725:19–24.
78
     Gustafson Tr. 769:13–16.


                                              16
of the offer, and Silver Oak had counsel draft the note. But after several rounds of

discussions and the final form of note was prepared, East stopped responding.79

         F.     Acquisition Opportunities

         After Silver Oak’s investment, Caring People continued to grow through

acquisitions. East, as CEO, brought several acquisition opportunities to Caring

People. One was with Eric Johnson, who reached out to East when he was

considering selling his home care company based in Connecticut.80 Caring People

acquired Johnson’s company, and he became an equity holder in Caring People.81

         But not all acquisition targets proved to be successful. East had an opportunity

with Hackensack, what he described as “the second largest hospital system in New

Jersey.”82 Per East, the opportunity to create a joint venture with Hackensack would

have been “transformational” for Caring People.83 East set up a meeting with

Hackensack’s legal and operations team, the executive team, and Gustafson.84 From

East’s view, though, Gustafson had his mind made up before the meeting even began


79
     Gustafson Tr. 769:19–770:4.
80
     East Tr. 380:3–7.
81
  Johnson Tr. 1244:2–5. Johnson stayed on with Caring People for about a year and a half,
working on source deals. Johnson Tr. 1243:4–10. Johnson also invested a further $300,000
into the company. Johnson Tr. 1243:22–1244:1.
82
     East Tr. 392:6–8.
83
  East Tr. 393:10–13 (“a private pay healthcare company with a joint venture to the hospital
system, you could leverage that into a whole new level.”).
84
     East Tr. 393:14–20.


                                            17
and spent the meeting listing out “all the reasons why this could be challenging for

Silver Oak to exit their investment in Caring People by creating this joint venture

structure.”85 Gustafson’s pragmatic approach pushed Hackensack away, and

Hackensack informed East that they would not go forward with the acquisition just

thirty minutes after the meeting ended.86

         Sometime later, Five Star, a chain of assisted living communities, reached out

to East with a proposal to acquire Caring People.87 East ran point on the opportunity,

and worked on a deal that would have included both Caring People and COD.88 That

joint deal fell through. 89 But East continued to negotiate a deal for COD only.90

Silver Oak was not involved in those discussions, but East provided them proposed

term sheets and markups detailing how the relationship would look if Five Start

bought COD. 91 That relationship, according to Barr, would be complicated, making




85
     East Tr. 394:1–5.
86
     East Tr. 394:6–10.
87
     Barr Tr. 30:6–14.
88
  Barr Tr. 31:8–12 (“at that point it seemed that [East] was—he was working the Five Star
opportunity for both CaringOnDemand and Caring People.”).
89
     Barr Tr. 98:16–18;
90
     Barr Tr. 98:19–23.
91
     JX2098.


                                            18
Silver Oak essentially a third-party nonbeneficiary.92 Nevertheless, the COD-only

Five Star deal fell through as well.93

         The last acquisition opportunity of note was Project Appleseed. East received

an email—to his Caring People email address—regarding the project, a leading

homecare provider in the Midwest United States.94 To consider the acquisition, East

executed a nondisclosure agreement provided by Project Appleseed and received

materials therefrom.95 Despite pursuing the opportunity for Caring People, East then

forwarded the materials to Bryan Flynn, the COO of COD and Silver Oak.96 Caring

People—at the direction of Silver Oak and Gustafson—decided not to go through

with the deal due to the “geography and the carve-out dynamics.” 97




92
     Barr Tr. 99:10–16.
93
     Barr Tr. 105:5–17 (explaining Silver Oak was “very happy [the deal] died”).
94
     JX43 at 2.
95
   East Tr. 609:14–17. East did not agree that he signed the NDA, despite responding
“[p]lease see the attached NDA, looking forward to learning more about this opportunity.”
Compare JX43 at 1 with East Tr. 609:19–610:13. His testimony was not credible in light
of the record.
96
  JX43 at 1; JX1032; East Tr. 610:22–611:10. East explained that he would “float things
by [Flynn] often” because he worked on mergers and acquisitions, despite admitting that
such acquisitions were Silver Oak’s responsibility under the Management Agreement. East
Tr. 611:8–17.
97
     JX1033.


                                             19
         G.     COD Grows

         While Caring People grew, so did COD. That growth, to some extent, was

foreseeable. Silver Oak knew that East planned for COD to offer its technology

services not just to Caring People but to other healthcare agencies.98 Immediately

following the transaction, Caring People used COD to distinguish itself from the

competition, all while COD was improving its technology.99 For the first two years

under Silver Oak, East considered that the two companies so integrated that there

was “little distinction” between Caring People and COD.100

         Because the companies became so intertwined, they felt the need to update

the original master services agreement between Caring People and COD. The

original agreement—signed when the Silver Oak transaction closed—did not speak

to what COD was or the relationship between COD and Caring People.101 As such,

the parties entered a new agreement on September 1, 2019 (the “2019 COD

Agreement”).102



98
   Gustafson Dep. 45:20–46:14 (“[East] was pitching it as a way to—to, you know, really
help Caring People, but in doing so, he also wanted to sell those software products to other
home care agencies as a software provider and benefit from the investment he was making
in the code in the software.”).
99
     East Tr. 383:9–14.
100
      East Tr. 383:9–20.
101
      East Tr. 384:12–17.
102
   JX2029; JX19 (outlining the pricing structure of the 2019 Agreement for COD’s time
and attendance application).


                                            20
         The 2019 COD Agreement defined “On Demand Visit[s]” as any visit that

originates through the COD application.103 East believes that around the September

2019 timeframe, Caring People had roughly 15,000 visits a month that qualified as

“On Demand,” 104 and that from 2019 through March 2023, COD failed to bill

roughly $1.8 million in revenue. 105

         The distinction between Caring People and COD was not apparent in the

marketplace, with clients seeking services or care from COD. But the lines, per East,

were clear: facilities and residents were connecting with COD as a brand and

solution while keeping Caring People as the service provider.106 According to East,

all COD was doing was providing clients with access to care services via their

technology platform. 107

         Shortly after the 2019 COD Agreement was signed, the parties amended the

Silver Oak management services agreement.108 The amendment added “New Silver




103
      JX2029 at 2; East Tr. 385:6–15.
104
      East Tr. 386:7–18.
105
   East Tr. 388:5–9. East explained that this discrepancy was due to logistical challenges,
most notably that Caring People wanted to own all financial data. Because Caring People
owned the data, COD wasn’t able to fully view or calculate the amounts owed. East Tr.
387:19–388:4.
106
      East Tr. 399:17–21.
107
      East Tr. 398:12–14.
108
      JX2114.


                                            21
Oak” as a party, assuming all benefits and obligations of the original Silver Oak,

while retaining the prior substance. 109

         With the memorialized 2019 COD Agreement and amended management

agreement, Caring People and COD did well. Quarterly reports for 2019 through

2020 show a steady increase in revenue over the previous years.110

         H.     Fractures Deepen

         Increased revenue was not enough to quell the growing tension between East

and Silver Oak. On the Silver Oak side, Barr and Gustafson grew dissatisfied with

East’s leadership as CEO. At bottom, Barr did not consider East to be a good CEO.111

Sure, he was good at business development, but in Barr’s view, East struggled with

“keeping the trains running on time . . . holding people accountable, sales force

development, training, [and] retention.”112 In contrast, East felt stifled by Silver

Oak’s management. He often complained that Silver Oak did not understand the

business, making them bad partners.113 At one point, East even asked Barr and Silver

Oak to keep Gustafson out of an acquisition process, a request that Barr viewed as




109
      JX2114; Barr Tr. 71:14–72:7.
110
      See JX254 at 18–25.
111
      Barr Tr. 23:20–21.
112
      Barr Tr. 23:23–24:6.
113
      Kornblum Tr. 646:1–4.


                                           22
disappointing. 114 East, on the other hand, believed that the seller would not respond

well to Gustafson’s personality.115

         The conflict between the two management styles reached a boiling point in

2022. Barr, Gustafson, and the board of Caring People became increasingly

disenchanted with East’s leadership.116 East noted that the parties were having

constant arguments, comparing the relationship to a “bad marriage.” 117 The rocky

relationship culminated in a forty-five minute, “no holds barred” Teams call where,

according to East, he was berated and called incompetent by Silver Oak. 118 The next

day, recognizing that neither party was happy with the relationship, East offered to

resign. 119 Accepting that offer, Silver Oak engaged a search firm to identify new

CEO targets. 120

         East agreed to stand down in the search and onboarding, recognizing that for

a new CEO to thrive, they would need an “unobstructed opportunity to mold the

company in [their] vision.” 121 East was concerned that his continued presence and



114
      JX2028 at 1.
115
      JX2028 at 1.
116
      Barr Tr. 26:2–4.
117
      East Tr. 406:15–16.
118
      East Tr. 406:20–24.
119
      East Tr. 407:1–8.
120
      Barr Tr. 26:4–6.
121
      JX2040.


                                          23
participation in Caring People might not allow for that opportunity.122 But when the

search led to Anthony Spero, East went against his own advice and voiced his

concerns.123 Silver Oak, nonetheless, hired Spero in May of 2022. 124 As planned,

East stepped down as CEO and into a one-year role as chairman of the board, with

a $500,000.00 salary 125

            The transition was anything but smooth. Silver Oak and Spero contend that

after the transition, East was bad-mouthing Spero behind his back to the team,

warning how bad things were going to get at the Company.126 Rumors aside, Spero

found East unhelpful during the transition, especially when East chose to go on

vacation instead of introducing Spero to Caring People’s markets.127 But, with or

without East’s assistance, Spero took and continues to hold the Caring People helm.

            I.    COD Termination

            After East stepped down and Spero took over, COD decided to renegotiate the

2019 COD Agreement in the beginning of 2023. As noted, East asserted that COD

was being underpaid to the tune of $1.8 million. 128 Caring People found that


122
      Id.
123
      East Tr. 410:4–11.
124
      Spero Tr. 173:18.
125
      Barr Tr. 26:9–14; JX32.
126
      Gustafson Tr. 743:2–7.
127
      Spero Tr. 177:19–178:1.
128
      East Tr. 388:5–9.


                                             24
assertion shocking, because the company was confident it paid every invoice

presented by COD and reconciled those visits against each invoice received. 129 East

nevertheless proposed modifying the 2019 COD Agreement to give COD more

favorable terms, which he argued would also bring Caring People up to par with the

other providers in the COD network.130 The proposed modifications, however, were

untenable for Caring People.131

         Ultimately, by email dated March 8, 2023, Bryan Flynn from COD terminated

the Caring People/COD relationship.132 Spero acknowledged the termination, as

well as COD’s offer to continue to support its software through April 30, 2023.133

COD later sent an invoice for post-termination work but, because they never

provided a statement of work, Caring People refused to pay.134

         With the 2019 COD Agreement terminated, East began looking for other

providers to add to the COD network to replace Caring People. That opportunity




129
      Kornblum Tr. 653:2–6.
130
      East Tr. 421:10–18.
131
   See, e.g., Kornblum 654:10–14 (discussing that COD wanted to increase the price of its
electronic visit verification from 30 cents per visit to 75 cents per visit, something that was
“extraordinarily out of the realm of possibility” for Caring People); Kornblum Tr. 655:1–
12 (explaining that a proposal that allowed COD to control the cash while Caring People
paid caregivers directly made her “very uncomfortable”).
132
      JX70.
133
      JX79.
134
      Kornblum Tr. 660:5–16; see also JX117; JX18.


                                              25
came through Beacon Eldercare (“Beacon”), a licensed home healthcare agency in

New York. 135 In March of 2023, Jen Devine reached out to John Jongebloed, the

husband of Beacon’s owner, to request materials related to Beacon’s clients.136 When

the materials were received, Devine forwarded them to East at his COD email

address.137 East was intrigued by the Beacon opportunity. He sent Devine a list of

follow up questions for Jongebloed and Beacon’s owner, Yvonne Murphy.138 When

Devine and East received the answers, they set up a meeting with Beacon at Caring

People’s office in Jericho, NY on March 14, 2023.139 Devine did not attend.140 In

fact, the only Caring People representative there was East.141

            These early discussions with Beacon occurred when both Devine and East

were still employed with Caring People. Neither Silver Oak nor the board of Caring

People had any idea that Devine and East were meeting with a competitor.142 East




135
      Barr Tr. 35:1–6. Barr considered Beacon a “direct competitor of Caring People.” Id.
136
      JX72; Barr Tr. 36:10–12. Devine reached out through her Caring People email address.
137
      JX72.
138
      JX73.
139
      Id.
140
      East Tr. 480:22–24.
141
      East Tr. 481:2–8.
142
      Barr Tr. 37:19–21.


                                              26
believed that there was “no chance on this planet” that Silver Oak would have been

interested in purchasing Beacon.143 Regardless of his belief, East never asked.144

         As a business, Beacon was not the most interesting acquisition opportunity

for East.145 What was interesting, however, was Beacon’s license to practice home

health care in New York State. Those licenses are “almost impossible” to get, and

even the transfer of a license is a long and arduous process. 146 East saw the license

as a potential asset for Devine in the future. 147

         To transfer the Beacon license, East or Devine needed to create an entity to

receive it. In what he described as a “retirement plan for [Devine],” East helped

Devine and Eric Johnson create Polaris, an LLC designed to receive the transferred

license.148 East reasoned that by putting Devine’s name on the LLC agreement for

Polaris, the company would “sit on the shelf for the next three to five years” while




143
      East Tr. 432:20–22.
144
      East Tr. 484:2–9.
145
      East Tr. 433:18–21.
146
      East Tr. 433:22–434:4.
147
   East Tr. 434:5–8. But East did not just focus on Beacon during this period. In February
2023, East asked to meet with Devine and Feder to “discuss what [they] have done in
Senior Living and how we can use their knowledge to further the COD workflow and
process.” JX55. A month later, East asked Feder and Devine to “cold call” referral source
facilities in Arizona on behalf of COD. JX86.
148
   East Tr. 434:22–435:23; Polaris was officially formed on April 4, 2023. Pretrial Order
¶ 69. See also JX85 (East texting Johnson about the Beacon opportunity).


                                            27
waiting for the license to transfer. Then, in theory, Devine would have the Polaris

license to sell or work with, years down the line.149

            Despite this long-term plan, East took steps to make the Beacon license usable

almost immediately upon formation of Polaris. While the deal was being finalized,

East told Beacon that he discovered an end around to the lengthy transfer timeline.

Specifically, if Polaris and Beacon entered into a consulting agreement, Polaris could

use the license and operate the business while waiting on the official transfer.150

            That agreement was memorialized on April 3, 2023, when Devine and

Johnson executed a Polaris written consent agreement.151 That agreement allowed

Polaris to enter into a management agreement, consultative services agreement, and

an agreement to purchase substantially all the assets and business of Beacon.152

            Polaris continued to formalize the Beacon agreements with the direct help of

East. At trial, East continuously tried to downplay his involvement, but the deal

would not have happened without him. East prepared a letter of intent that was

signed by Beacon on April 5, 2023. 153 Days before, East coordinated the creation of




149
      East Tr. 435:10–18.
150
      JX75.
151
      JX90.
152
      Id.
153
      JX101; East Tr. 486:14–16.


                                              28
Polaris’s articles of organization with counsel. 154 And, although East denied any

involvement beyond facilitating the agreements, East paid counsel their fee for

preparing and filing the documents. 155 With the deals signed, East created Polaris

email addresses for himself, Devine, and Gail Feder, another Caring People

employee.156 And the same day that the letter of intent was signed, East tendered his

resignation as chairman of Caring People. That resignation was accepted by letter

dated April 7, 2023, where the Caring People board reminded East of his restrictive

covenants and set a final date of employment for April 28, 2023.157

         Before his effective end date at Caring People, East took further steps to aid

the Beacon-Polaris merger. On April 18, 2023, East, Devine, and Feder discussed

reaching out to the Residences, a care community working with COD and Caring

People, in an effort to get Beacon caregivers involved there. 158 And then, on April

27, 2023, East texted Devine and Johnson, addressing them as “Executive team




154
    JX91. East communicated with counsel through his COD email address, copying
Johnson and Devine. East denied, however, that counsel was writing to him as a client, and
instead explained that the email was sent to him simply because he was part of the process.
East Tr. 493:15–23.
155
      East Tr. 494:8–13. East explained that he sent the payment on behalf of Johnson.
156
      East Tr. 437:13–16.
157
   JX94. East resigned one month before his one-year term as chairman was set to end.
East Tr. 502:16–23.
158
      JX104; East Tr. 557:5–560:6.


                                              29
Polaris.”159 Therein, East wrote that he spoke to Beacon, and he felt “we should

move forward” with the deal. 160 That same day, the Polaris team executed the Asset

Purchase Agreement (the “APA”) where Polaris formally acquired the assets of

Beacon, including its New York home healthcare license.161

            With the APA signed, East made a series of loans to help Polaris: 162 $50,000

on May 17, 2023,163 $30,000 on June 7, 2023, 164 and $30,000 on June 28, 2023, all

to help Polaris meet its payroll obligations and operating costs.165

            J.    The Departures

            Within six months of the deal between Polaris and Beacon, East, Devine, and

Feder left Caring People, all with different explanations. As noted, East left first,

claiming that the relationship between he, Caring People, and Silver Oak ran its



159
      JX114.
160
      Id.
  JX108. Sometime after the APA, Ms. Murphy went missing and her whereabouts remain
161

unknown.
162
   There is some confusion over to whom these loans were made, either Polaris as an entity
or Johnson personally. For example, at trial, East said he gave the money to Johnson so
that Polaris could complete its payroll obligations. East Tr. 438:21–439:7. But he
represented elsewhere that he loaned the money to Polaris New York. JX247. East
explained that the loans came from a charitable perspective, stemming from a principle his
grandmother instilled in him that “caregivers can’t work and not get paid.” East Tr. 438:17–
20.
163
      JX280; DDX01.
164
      Id.
165
      Id.


                                              30
course.166 His resignation was accepted on April 7, 2023, and his final day with

Caring People was April 28, 2023—the day after the Beacon-Polaris deal was

finalized. 167 East remained on the board of Caring People until February 12, 2024.168

         Devine, still the highest earning salesperson for Caring People, followed suit

shortly after. According to her, Devine felt that her work with Caring People was

taking too much from her personal life, and specifically from her children.169 She

felt that she was not keeping up with work expectations, especially after considering

the money she was being paid. 170 Devine, thus, tendered her resignation on May 1,

2023, with an end date of May 30.171 That end date was eventually postponed, and

Devine stayed through June 15 in an effort to assist with the transition. 172

         Her expectations and plans post resignation were unclear. She indicated that

she was fine with leaving her job at Caring People—where she made $350,000 per

year plus commission—to stay at home and care for her family without




166
      East Tr. 406:12–19.
167
      JX94.
168
      JX203. This lawsuit was filed the same day.
169
      Devine Tr. 936:4–8.
170
   Devine Tr. 985:21–986:2. Devine further explained that East’s departure from Caring
People played a role in her decision to leave. Id. at 983:14–17.
171
      JX115.
172
      Devine Tr. 93320–934:10.


                                             31
compensation.173 Caring People was under the impression that Devine would not be

pursuing other employment opportunities post resignation. 174 But according to

Devine, she never fully ruled out working. Despite Caring People’s impression,

Devine insists that she never said that she would be staying home completely, being

very clear that she would be doing some independent work in the field.175 And more,

she contends she reached out to Caring People to inquire about the terms of her

restrictive covenants, so she can “do[] the right thing” while building an independent

referral business as a contractor. 176

         Even though the timing of East and Devine’s departure seemed suspect, East

claims he did not encourage her to leave Caring People. He considered her

resignation to be “terrible” for the shareholders. 177 So much so that East, on his own

accord, emailed the Caring People board on Devine’s behalf.178 Through that email,

East raised his concerns about Devine’s departure, noting the number of sales she

was responsible for and encouraging the board to consider increasing her




173
      Devine Tr. 966:14–19.
174
      See Spero Tr. 206:8–12, 330:2–7.
175
      Devine Tr. 385:13–20.
176
      JX133.
177
      East Tr. 379:8–10, 447:12–24.
178
      Devine Tr. 985:2–6; JX121.


                                          32
compensation.179 When the email was sent, however, Silver Oak and Caring People

had no knowledge that East had just assisted Devine in becoming the 50% owner of

a newly created company that acquired a license of a competitor. 180 Thus, at East’s

behest, Caring People made multiple attempts to retain Devine between May 1 and

June 15, 2023. Spero and the board “put multiple iterations of compensation

packages in front of [Devine] in order to try and negotiate her retention.”181 Those

attempts ultimately failed, because Devine was hesitant to enter further contracts

with Caring People. 182 And she was already actively working on Polaris/Beacon

business. 183 Devine officially left Caring People on June 15, 2023.184

         Finally, Gail Feder also left the company around this time. Feder, a branch

administrator who worked for Caring People for twelve years, was an extremely

valuable asset to the company. 185 Before her departure, Feder had asked the Caring



179
    JX 121; Barr Tr. 42:4–9. At trial, Silver Oak principals described the email as
disingenuous. But even still, the email was “fairly prescient and pretty accurate in terms of
how [Silver Oak would] quantify the impact of [Devine’s] departure on the business.”
Gustafson Tr. 750:16–751:6.
180
      East Tr. 505:11–18; Barr Tr. 43:1–11.
181
   Barr Tr. 42:13–24. See also Spero Tr. 206:22–207:11 (explaining the steps taken to get
Devine to stay on board); Gustafson Tr. 749:19–750:2 (expressing Caring People’s strong
desire to retain Devine).
182
      Devine Tr. 935:12–936:3.
183
      JX128.
184
      Devine Tr. 933:20–24.
185
    Feder Tr. 1083:23–1084:2; Spero Tr. 205:3–11 (“[Feder] had really deep relationships
in the New York Market. She knew all of our caregivers. So if a new client came on board,

                                              33
People board for more support in her role—support she never received. 186 The lack

of support pushed Feder to consider resignation and retirement. When Spero learned

of her resignation, he urged her to remain on board.187 Spero promised to send Feder

an updated compensation package, but she did not receive it for over two weeks.188

While waiting, Feder found out that Spero went on vacation which contributed to

the delay.189

         When the package did arrive, it was not enough to keep Feder with Caring

People. She went forward with her resignation and retirement. The company

recognized her retirement by hosting a retirement party, complete with a cake that

said “Happy Retirement Gail and Kim.”190 Despite the cake and celebration, Feder

pushed back on the idea that she was retiring. She insists that she never told anyone

at Caring People that her plan was to retire.191 When she saw the cake, she explained

that she just went along with it because there were at least 75 people at the party.192


[Feder] would pick up the phone and call our caregivers and make sure that was scheduled.
She was very valuable.”).
186
      Feder Tr. 1088:5–8, 17–19.
187
   Feder Tr. 1089:11–16 (describing Spero as “very persistent” and “begging [Feder] to
stay”).
188
      Feder Tr. 1089:17–1090:5.
189
      Feder Tr. 1090:6–13.
190
   Spero Tr. 208:7–23; JX1029. Kim was another employee leaving around that time. See
also JX1005 (showing a picture of Feder in front of the retirement cake).
191
      Feder Tr. 1091:13–14.
192
      Feder Tr. 1092:8–16.


                                           34
Retirement or not, Feder’s last day at Caring People was June 9, 2023. 193 When she

left, she contends did not have a new job lined up.194 Yet just two weeks later, she

was offered a job at Polaris. 195

         K.     The Fallout

         The departure of East, Devine, and Feder, particularly in short succession,

caused serious impacts at Caring People. Perhaps the most challenging—yet most

foreseeable—impact was in the Long Island market, and particularly in sales post

Devine’s departure. Because Devine gave six weeks’ notice of her resignation,

Caring People were able to hire two new salespeople in an effort to pick up the slack.

Those two hires, Gina Grossman and Carole Siebner, were hired at the

recommendation of East and while Devine was still employed with the company.196

         But those new hires ultimately did not help the transition. According to Caitlin

Aluveaux, the regional director of operations for Caring People, their hiring started

off strange and continued to worsen. Siebner, for example, “was not interested in

interviewing” and instead relied on the recommendation of East and Devine.197




193
      Spero Tr. 208:5–6.
194
      Feder Tr. 1091:3–5.
195
   Feder Tr. 1092:22–24. Feder accepted sometime around July 23, 2023. Feder Dep.
66:14–25.
196
      Barr Tr. 142:18–143:6; Aluveaux Tr. 886:8–15.
197
      Aluveaux Tr. 886:22–887:3.


                                            35
Grossman followed the same process, bypassing the usual interview and onboarding

procedures.198 While the two had experience in another home care agency, neither

came to Caring People with any assisted living relationships—relationships from

which Caring People sourced most of its business. 199

         The issues with the new hires did not stop there. Siebner did the job remotely

while living in South Carolina. That set up, specifically in a sales job that requires

face to face interactions, was a difficult one that raised concerns.200 Additionally, per

Aluveaux, Siebner “was not able to follow a process, she was not able to speak to

people kindly, with respect. She was not able to work as a team player.” 201 Grossman,

for her part, focused primarily on hospitals instead of assisted living facilities. 202

         Beyond those two hires, however, Caring People took little to no efforts to

bridge the gap in Long Island or generate additional revenue. In March of 2024, then

Caring People COO Christine Deleo prepared a report of the Long Island referral

sources that Devine serviced, to “see what [Caring People] is getting right now

[with] no effort.”203 After seeing the results, she noted that Caring People still got a



198
      Aluveaux Tr. 887:5–10.
199
      Aluveaux Tr.887:18–888:5.
200
      Aluveaux Tr. 888:11–17; JX191.
201
      Aluveaux Dep. 225:7–12.
202
      JX191.
203
      JX211 at 2–3. See also JX265.


                                           36
“decent amount” of revenue in Long Island with “absolutely no effort.” 204 Spero

confirmed that as of March 2024, Caring People devoted little to no effort to generate

revenue from Devine’s former accounts.205

         Around that time, there appeared to be a mass exodus occurring in the Caring

People sales force.206 In fact, from the end of 2023 to the end of 2024, the number

of Caring People sales representatives and personnel that generated sales revenue

declined from 57 to 18.207 Those departures include Adam Zeidler, 208 Jen Mojave

who went to work for a competitor agency, 209 Jessica Adamo who went to work for

a competitor agency, 210 Nelida Landin who went to work for a competitor agency,211

Kim Juers,212 Amy O’Connor who opened her own business and took a Caring




204
      JX211 at 3.
205
      Spero Tr. 295:5–19.
206
    At trial, there were several insinuations that the multiple departures were due to the
promotion of Christine Deleo to COO. Deleo was described as “divisive,” and some in the
company described her promotion as “a very big mistake.” Kornblum Tr. 411:22–412:24.
Feder herself believed that many of these employees left, shortly after the promotion, due
to “very poor management.” Feder Tr. 1111:6–15. Deleo’s behavior is largely irrelevant to
the issues before me.
207
      Compare JX2097 with JX288.
208
      Spero Dep. 31:13–22.
209
      Devine Dep. 231:2–11; JX2110.
210
      Devine Dep. 242:7–11.
211
      Devine Dep. 242:7–11.
212
      Spero Dep. 81:4–21.


                                           37
People client with her, 213 Gina Grossman, 214 Carole Siebner,215 and most recently,

COO Christine Deleo, who at the time of trial was employed with a competitor

agency.216

         With such heavy turnover in the sales force, it comes as no surprise that Caring

People profits and revenue suffered. Over that same period, new business generation

plummeted by more than 24% from roughly $8.6 million in 2023 to $6.5 million in

2024. 217 But the explanations for those loses varied. For example, at least three large

referral sources stopped entering staffing contracts, causing a dip in revenue for

Caring People. 218 Another major referral source, the Amsterdam, instituted a move-

in freeze due to its bankruptcy and sale, giving limited ability to bring on new

clients.219 Briana Henn, the current branch administrator for Caring People,

identified five caregivers that left the company to work for COD in an effort to




213
      Devine Dep. 232:17–233:9.
214
      Spero Tr. 290:15–23.
215
      Spero Tr. 291:20–24.
216
      JX333.
217
      JX288.
218
      JX2111B; JX2111; Kornblum Tr. 679:24–680:19, 687:17–688:2.
219
      JX2111B; JX2111; Thompson Tr. 1228:22–1229:10.


                                            38
explain the drop in revenue. 220 But shortly after, she admitted that caregivers can

(and often do) work for multiple care agencies. 221

          Caring People’s quarterly reports reflected declines in revenue and pointed to

one cause: sales force turnover and soft sales performance. From mid-2023 to Q1 of

2025, Caring People’s revenue and EBITDA decreased steadily. 222 The company

frequently mentioned its struggles retaining sales representatives and tight labor

markets. East, Devine, and Feder were never explicitly or implicitly mentioned.

From 2023 to 2024, Caring People’s EBITDA decreased from $6,629,000 to

$5,505,000.223

          L.      The “Polaris+Beacon+COD” Team

          As Caring People was struggling, East, Devine, and Feder moved quickly to

build up Beacon, Polaris, and COD. While still downplaying his involvement, East

took several steps to help Polaris and COD get off to a running start. East created

COD emails for Devine and Feder. 224 He also gave Devine COD business cards.225




220
      Henn Tr. 848:1–8.
221
      Henn Tr. 848:11–17.
222
      See JX254 at 1–8.
223
      Id. at 1.
224
      East Tr. 377:17–24; Feder Tr. 1096:4–16.
225
   East Tr. 378:1–3. East downplayed the significance of this, explaining that both of his
children also have COD business cards. East Tr. 378:4–6.


                                             39
         Given Devine’s understanding that her role with Polaris would be

“supportive” and a “passive” learning opportunity, it begs the question: who would

run Polaris?226 From the evidence presented at trial, it is clear that, at least at the

start, East had significant involvement. East not only prepared the paperwork and

applications to create Polaris, but he assisted with hiring decisions on at least one

occasion. 227 When Polaris employees, including Johnson, had trouble with their

emails, they reached out to East to help. 228 East also directed a graphic designer to

create and update the Polaris website.229 And he even authorized payments for

Devine’s attorneys’ fees through Polaris accounts.230

         Shortly after the group’s departure from Caring People, East emailed Devine

and Feder on June 19, 2023 with the greeting “Hello Former CP Team new

Polaris+Beacon+COD Team.” 231 Thereafter, towards the end of June 2023, Devine

and Feder launched a marketing and sales campaign in several areas for both COD

and Polaris. At one point, they discussed creating a COD “Family Night” marketing

event at a New Jersey referral source. 232 Later, East addressed the “team” consisting


226
      See Devine Tr. 953:7–11.
227
      East Tr. 458:1–12; JX134.
228
      JX124; East Tr. 547:11–548:1.
229
      JX136; JX276.
230
      JX226.
231
      JX141.
232
      JX1008.


                                          40
of Feder and Devine, and advised that they compile a list of “Nassau/Queens/NYC

referral sources . . . to target with [COD’s] campaign.” 233

         Devine and Feder next turned their attention to the Amsterdam, one of Caring

People’s biggest revenue sources. 234 In November 2023, they visited the Amsterdam

to develop business for Polaris and COD. 235 The Polaris+Beacon+COD team

continued to target the Amsterdam as time went on. The team discussed “add[ing]

Amsterdam to COD” in February 2024, and East directed Devine to start entering

Amsterdam client data into the COD system. 236 The importance of the Amsterdam

was even apparent to Johnson, who had little experience in the New York market.

Johnson urged the team to “scoop everything in the Amsterdam.” 237

         In December 2023, Devine, Fedder, and Flynn discussed marketing strategies

at a New Jersey facility: Bentley Commons at Paragon Village.238 The group

discussed a meeting with the facility the following month and possibly providing

door hangers or other marketing materials.239 In the same conversation, Flynn listed


233
      JX167.
234
   See JX 290–292, 1017. The Amsterdam accounted for over $3.5 million in revenue in
2022 and 2023. Spero Tr. 203:4–20.
235
   JX166; Feder Tr 1142:2–10. When asked if they were pursuing business opportunities
for Polaris and COD, Feder admitted, “[w]ell, Polaris and COD do go hand in hand.” Id.
236
      JX198 at 2.
237
      JX183.
238
      Feder Tr. 1130:18–1131:12.
239
      JX178.


                                          41
several providers who he spoke with and assigned follow up duties to Feder and

Devine240

            The team also took aim at the Residences, another Caring People referral

source. According to Caring People employees, they discovered that the facility was

providing clients with informational “welcome packets” from COD, which

highlighted the partnership between the facility and COD that focused on personal

care, medical reminder, and companion care services.241 In the background, Feder

and Devine discussed new clients they had “landed” from the Residences. 242

            Then, in October of 2023, East sent the Polaris+Beacon+COD team a chart

that reflected Caring People’s “Weekly Admits” by region and referral source.243

East urged the team to consider the data as part of COD’s effort to focus on recipient

of care acquisition. He also noted that COD’s objectives were well within reach,

“especially since [the COD product] is more broadly aligned with the market then

an expensive homecare product like [Caring People].”244

            Polaris and COD did not just focus on referral and revenue sources but also

strived to create contractual provider relationships with care providers in the area.


240
      Id.
241
      JX289; Henn Tr. 826:1–827:12.
242
      JX207; JX208.
243
      JX160.
244
      Id.


                                             42
COD entered into a provider agreement with Polaris sometime in April 2023, similar

to the agreement that COD had with Caring People.245 That September, COD entered

another provider agreement with TheKey, another come health care provider.246

Devine led the discussions that led to this agreement, at East’s direction. 247 The

partnership with TheKey was crucial, because it was licensed to service patients in

New Jersey, while Polaris was not.248 East expressed his interest in expanding COD

and TheKey’s partnership to other locations outside New York and New Jersey. 249

            As the team focused on building COD and Polaris, it seemed that they knew

their actions were problematic. For example, in June 2023, the COO of COD

accidentality emailed Devine at her then dormant Caring People email address. In a

profanity-ridden text, Flynn alerted East to his mistake and suggested that they “say

it’s consulting work if [Caring People] notice.” 250 East asked Flynn if he could recall

the email, but Flynn was unable to.251




245
      JX129; JX98.
246
      JX154.
247
      JX1010; JX 1011; Devine Tr. 1053:3–1054:13.
248
      Devine Tr. 1128:7–17.
249
      JX227.
250
      JX140 at 2.
251
      Id.


                                            43
          Despite all this work, both Devine and Feder deny being employed with COD.

Devine supposedly helps COD for free because she believes in its mission.252 East

likewise testified that Devine has never been compensated either directly or

indirectly for her work with COD. 253 But, Devine appeared on a podcast with East

where she introduced herself as the vice president of business development for COD,

indicating “it was an honor to speak on behalf of CaringonDemand.” 254 Then, while

supposedly not working for COD, Devine prepared a sales plan for the fiscal year of

2024. 255 In that plan, Devine created a graph labeled “Sales Team Structure” where

she identified herself as the “VP of Business Development,” reporting directly to

East.256 For her part, Feder was identified as COD’s “first human point of contact

when [COD] onboard[s] new clients.” 257

          In whatever capacity they were taken, the team’s efforts increased COD and

Polaris’ profits. Under the COD agreement with Polaris and TheKey, patients would

pay COD directly after receiving care. 258 COD retains a share of that payment—



252
      East Tr. 378:20–379:4.
253
   East Tr. 378:7–18. But see JX281 (COD salary chart reflecting a $200,000 annual salary
for Devine and a $85,000 annual salary for Feder).
254
      Devine Tr. 1074:19–1075:1.
255
      JX287.
256
      Id. at 4.
257
      JX176.
258
      JX194 at § 3.2; East Tr. 58017–581:17.


                                               44
typically 20%—and remits the balance to the care provider.259 Under that scheme,

COD paid Polaris approximately $1.1 million for patient care services from April 1,

2024, through April 30, 2025.260 When accounting for the 20% COD retained, the

gross amount paid by patients during that period was around $1.38 million.261

          For its part, Polaris reported gross revenues of $1.12 million in 2023, $2.1

million in 2024, and $1.03 million from January 1 to June 30 of 2025. 262 Since May

of 2025, COD has sent Polaris payments averaging $80,000–90,000 per month.263

More recently, from May through October of 2025, COD paid Polaris

$530,996.43. 264

          As Caring People became more aware of COD and Polaris’ success, they took

action. At a board meeting on February 12, 2024, Barr moved to remove East as the

Rollover Manager of Caring People. That motion passed unanimously.265 Barr also




259
      Pretrial Order ¶ 90; JX194.
260
      Pretrial Order ¶ 91.
261
      Id. at ¶ 92.
262
   JX271. Polaris was on track to have an annualized gross revenue of approximately
$2.073 million in 2025. Pretrial Order ¶ 95.
263
      Pretrial Order ¶ 93.
264
   Pretrial Order ¶ 94; JX272. Accounting for COD’s 20%, that represents a total of
$663,745 in additional gross revenue.
265
      JX203 at 2.


                                           45
moved to approve the filing of this lawsuit. That motion unanimously passed, and

this suit was filed the same day.266

II.       PROCEDURAL POSTURE

          This action began with the Plaintiff’s nine-count verified complaint against

East and COD. 267 Attached thereto, the Plaintiffs also filed motions to expedite and

for a preliminary injunction.268 The original judicial officer, Vice Chancellor Cook,

heard and denied the motion to expedite on March 12, 2024. 269 The Plaintiffs

amended their complaint thereafter, on April 22, 2024, adding Devine as an

additional defendant.270 In response, Devine and East answered, East and COD

asserted counterclaims, and COD moved to dismiss.271 While the motion was

pending, Vice Chancellor Cook approved the parties’ proposed schedule, leading up

to a trial in January 2026.272

          As for the motion to dismiss, Vice Chancellor Cook scheduled a hearing for

January 14, 2025.273 At the parties’ request, however, the hearing was cancelled. On



266
      Id.; D.I. 1.
267
      D.I. 1.
268
      D.I. 2–3.
269
      D.I. 27.
270
      D.I. 45.
271
      D.I. 55, 58, 69.
272
      D.I. 88.
273
      D.I. 119.


                                           46
January 7, 2025, the parties reported that they were engaging a mediator, and they

requested that the hearing be cancelled to allow them to “focus on reaching a

mediated resolution[.]” 274 Vice Chancellor Cook gave them the time requested.275

         The parties were not, however, able to settle their disputes at mediation and

this case, again, heated up. The case was reassigned to me on May 30, 2025.276 I

promptly heard and resolved the pending motions, requiring Devine to fully

participate in discovery and dismissing the Plaintiffs’ claim against COD. 277 Then,

on September 19, 2025, I denied the parties their requested leave to file motions for

summary judgment. I saw the requests as pruning exercises aimed at only 4 of 15

counts pending before me, which was “not a good use of anyone’s time.” 278 Before

trial, I denied two final motions (one to compel directed at East and one to exclude

the Plaintiff’s expert),279 and clarified procedure and expectations at the January 16,

2026 pretrial conference.280




274
      D.I. 121.
275
      D.I. 122.
276
      D.I. 147.
277
      See D.I. 162, 166. 169.
278
      D.I. 186.
279
      D.I. 212–14.
280
      D.I. 231.


                                           47
         Trial went forward as scheduled from January 20–23, 2026. At trial, East

reiterated his motion to exclude the Plaintiffs’ expert, which I, again, denied. 281 On

February 20, 2026, the parties filed simultaneous post-trial briefs and I took this

matter under advisement.282 Thereafter, on February 24, 2026, the parties filed their

stipulation to submit this action to me for a final decision; I approved that on

February 25, 2026.283

III.     ANALYSIS

         The claims pending before the Court are numerous. I address liability first;

grouped         by   defendant/counterclaim         defendant       and      holding      the

Plaintiffs/counterclaim plaintiffs to their burden of proof by a preponderance of the

evidence.284 I then move to the relief requested.




281
   Thompson Tr. 1205:9–13, 1213:20–1214:6. The expert opinion on damages is addressed
below.
282
      D.I. 242-44.
283
      D.I. 246-47.
284
   “Proof by a preponderance of the evidence means proof that something is more likely
than not. It means that certain evidence, when compared to the evidence opposed to it, has
the more convincing force and makes you believe that something is more likely true than
not.” St. of R.I. Off. of Gen. Treasurer on Behalf of Empls.’ Ret. Sys. Of R.I. v. Paramount
Glob., 331 A.3d 179, 190 (Del. Ch. 2025) (citing Agilent Techs., Inc. v. Kirkland, 2010 WL
610725, at *13 (Del. Ch. Feb. 18, 2010)) (internal quotation marks omitted).
        Most of the claims pending before me are contract claims through which the
proffering party needed to prove: (1) the existence of a contract; (2) breach of an obligation
imposed by that contract; and (3) resulting damages. VLIW Tech., LLC v. Hewlett-Packard
Co., 840 A.2d 606, 612 (Del.2003).


                                             48
       A.     The Plaintiffs established East’s liability.285

       The Plaintiffs contend East breached the PCA, Holdco Agreement, and East

IUA. I agree and conclude the Plaintiffs met their burden of proof. 286 The Plaintiffs

further argue that East tortiously interfered with the Plaintiffs’ contractual relations

with Devine and Fedder. Again, I agree and find the Plaintiffs met their burden of

proof. I depart, however, from the Plaintiffs on their fiduciary duty claim. I address

these in turn.

              1.     The Plaintiffs proved that East breached the PCA.

       The Plaintiffs argue that East breached Sections 9.1, 9.2, and 9.3 in the PCA.

I address each section in turn.

                     a.     The Plaintiffs proved that East breached Section 9.1.

       Section 9.1 of the PCA is a non-competition provision barring East from

“directly or indirectly own[ing], hav[ing] an interest in, operat[ing], join[ing],

control[ing], or participat[ing] in, or be[ing] connected with as an officer, employee,

director, proprietor, member, manager, partner, investor, creditor, adviser, sales



285
   East failed to prove unclean hands sufficient to overcome the liability addressed herein.
East argues, without support, that there was an untoward plot with deception, perjury, and
sandbagging. Such intemperate claims raised without clear evidence are not well taken.
286
    In so holding, I make little of the Plaintiffs’ implied covenant claims. The Plaintiffs
failed to point to discretionary acts or a cognizable gap sufficient to invoke the implied
covenant. See Osios LLC v. Tiptree, Inc., 2024 WL 2947854, at *5 (Del. Ch. June 12, 2024)
(“our case law suggests there are two strains of the implied covenant: (1) gap-filling and
(2) protecting against arbitrary and bad faith exercise of discretion.”).


                                            49
representative, agent, consultant or otherwise, with any business that is substantially

similar to the Business . . . anywhere in the United States of America.”287

Section 9.1 has a carve out that Avior/COD’s business as of closing is not within the

restricted definition and East’s work with Avior/COD would not breach Section 9.1

as long as Avior/COD was not engaged in restrictive business.

         With the broad language of Section 9.1 and even accounting for the carve out,

East’s activities with Polaris and Beacon breached Section 9.1. East’s only viable

argument to avoid liability therefore is that Section 9.1 is unenforceable and should

not be blue penciled. 288 I agree that Section 9.1 has an overbroad geographical scope

but hold the equities typically cautioning against blue penciling are not present here

and decline, therefore, to relieve East from his agreement.

         “Under Delaware law, a covenant not to compete must: (1) be reasonable in

geographic scope and temporal duration, (2) advance a legitimate economic interest

of the party seeking its enforcement, and (3) survive a balancing of the equities in

order to be enforceable.” 289 Here, there is no dispute that the Plaintiffs have a

legitimate economic interest in seeking enforcement of a non-competition provision



287
      JX8.
288
   In so holding, I reject East’s arguments that his activities are within the Avior/COD
carve out. East’s conduct with Polaris and Beacon far exceed the originally contemplated
business of Avior/COD and involved direct competition with Caring People.
289
      Lyons Ins. Agency, Inc. v. Wilson, 2018 WL 4677606, at *5–6 (Del. Ch. Sept. 28, 2018).


                                              50
restricting the activities of the founder of the business acquired through the PCA.

Thus, I need only address reasonableness and, if reasonable, balancing the equities.

       “Ultimately, ‘the reasonableness of a covenant’s scope is not determined by

reference to physical distances’ but instead ‘the area in which a covenantee has an

interest the covenants are designed to protect.’”290 This Court, thus, looks at whether

the scope is broader than necessary to protect the business’ interests. Here, it is.

       Caring People has grown significantly since its founding in Queens. But it

was not nearly a country-wide enterprise, even if judged at the time of trial. The

evidence adduced at trial demonstrated that it does business solely within six

states—New York, New Jersey, Connecticut, Massachusetts, Texas, and Florida. A

country-wide restriction is broader than necessary to protect the business’

interests.291

       I could, however, blue pencil the restriction to narrow the scope and make it

sufficiently reasonable. As recently reiterated by the Delaware Supreme Court:

       Delaware courts have the discretionary power to blue pencil overbroad
       restrictive covenants to align a company’s legitimate interests and an
       individual’s right to be free from unreasonable restrictions on their
       livelihood. On several occasions, the Court of Chancery has utilized

290
   Daxco, LLC v. Timm, 2026 WL 172862, at *6 (Del. Ch. Jan. 22, 2026) (citations
omitted).
291
    Cf. Cleveland Integrity Servs., LLC v. Byers, 2025 WL 658369, at *10 (Del. Ch. Feb.
28, 2025) (denying a preliminary injunction to enforce a two-year continent-wide non-
compete because it is “facially broader than necessary to protect Plaintiff's U.S. business
interests.”).


                                            51
         blue penciling to narrow the geographic scope and temporal duration of
         restrictive covenants to make them reasonable and enforceable.
         Delaware courts have exercised their discretion to blue pencil
         restrictive covenants under circumstances that indicate an equality of
         bargaining power between the parties, such as where the language of
         the covenants was specifically negotiated, valuable consideration was
         exchanged for the restriction, or in the context of the sale of a
         business. 292

At first blush, this case tracks those in which this Court has blue penciled—the

parties were both represented by counsel in a transaction indicative of equal

bargaining power, the provision was specifically negotiated, and valuable

consideration was exchanged in a sale (rather than an employment context). To argue

around this congruence, East relies primarily on Cleveland Integrity.293

         In Cleveland Integrity, the Vice Chancellor declined to blue pencil overbroad

non-competition provisions binding founders who had sold their business. The non-

compete at issue purported to bind the founders from competing anywhere in North

America, despite their business operating only within the United States. In declining

to blue pencil the restriction, she explained:

         While this Court has, in some instances, used its discretion to blue
         pencil overly broad restrictive covenants, doing so creates confusion,
         encourages employers to overreach, and encourages litigation “by
         building a degree of uncertainty into every employment agreement.” . .
         . Plaintiff has no legitimate business interest in countries outside of the

292
      Sunder Energy, LLC v. Jackson, 332 A.3d 472, 486 (Del. 2024) (citations omitted).
293
   2025 WL 658369 (Del. Ch. Feb. 28, 2025). East also cites to Weil Holdings, but I find
that employment context provision inapposite. See Weil Hldgs. II, LLC v. Alexander, 2025
WL 689191, at *7 (Del. Ch. Mar. 4, 2025).


                                             52
         United States, much less one that could support a two-year noncompete:
         enforcing an overbroad noncompete carries systemic costs. I decline, in
         my discretion, to blue-pencil the parties’ negotiated agreement.294

         Most recently, Magistrate Judge Hume re-emphasized the policy against blue

penciling, in that it would “eliminate the goal requiring parties to draft restrictions

specifically tailored to the parties’ circumstances and legitimate business interests.

Blue penciling would incentivize future parties to compose restrictions without

appropriate accuracy and precision, certain in the belief that the Court would be a

safety net for any overreach.” 295

         Here, however, I see different incentives at work. As mentioned, the non-

compete was expressly negotiated. So much so that the PCA includes the Avior/COD

carve out and several confirming clauses, including:

      • 9.4 Reasonable Restraint. The Parties agree that the foregoing covenants in
        this Article 9 impose a reasonable restraint on the Restricted Parties with
        respect to subject matter, time period and geographical area in light of the
        activities and business of Buyers and Holdco on the date of the execution of
        this Agreement.
      • 9.5 Severability; Reformation. The covenants in this Article 9 are severable
        and separate, and the unenforceability of any specific covenant shall not affect
        the provisions of any other covenant. Moreover, in the event any court of
        competent jurisdiction shall determine that the scope, time or territorial
        restrictions set forth are unreasonable, then it is the intention of the Parties
        that such restrictions be enforced to the fullest extent which the court deems
        reasonable, and the Agreement shall thereby be reformed. 296

294
      Cleveland Integrity Servs., LLC, 2025 WL 658369, at *12.
  BluSky Restoration Contractors, LLC v. Robbins, 2026 WL 599148, at *15 (Del. Ch.
295

Mar. 4, 2026).
296
      JX8.


                                            53
True “the court is unhindered by a provision in [an] uneven agreement that purports

to promote blue penciling[, a]nd ‘an employee's promise not to challenge the

reasonableness of his restrictive covenants cannot circumvent this Court’s mandate

to review those covenants for reasonableness.’”297 But, here, the agreement was not

uneven and this Court’s mandate to review covenants for reasonableness compel it

to consider the equities at issue. East was a sophisticated party, represented by

counsel, who specifically negotiated the terms of the non-compete through counsel,

and received tens of millions of dollars in exchange.

         In doing so, East further agreed that the covenants in Article 9 “are a material

and substantial part of the transactions contemplated by this Agreement and are

supported by adequate consideration.” 298 To refuse to blue pencil and relieve him of

the consequences of his deal would encourage unfair bargaining practices. Simply

put, this case is not one through which the restricted party needs this Court’s

protection and for which this Court should decline to blue pencil. The equities weigh,

instead, in favor of the enforcing party. 299




297
      Cleveland Integrity Servs., LLC, 2025 WL 658369, at *9.
298
      JX8 at § 9.7
299
   Caring People’s history of and documented plan for future expansion further weighs in
favor of blue penciling.


                                            54
            For these reasons, I will blue pencil the non-compete to include only the

geographic area in which the Plaintiffs do business. With that limitation, I find the

temporal term (5 years from execution or 2 years from separation) reasonable. This

modified provision survives a balancing of the equities and was breached by East.

                         b.     The Plaintiffs proved that East breached Section 9.2.

            Section 9.2 of the PCA, for the same period as the non-compete, restricts East

from (a) “hir[ing], solicit[ing] for hire, or attempt[ing] to do any of the foregoing”

for any “Listed Employee” or officer of Caring People or (b) “divert[ing], entic[ing]

away, or in any other manner persuad[ing] or encourage[ing]” any such persons to

“terminate their employment with” Silver Oak or Caring People.

            Relying on the same general principles addressed above, East argues this

language is overbroad and points me to case law striking non-solicits “not limited to

prohibiting [the restrictive party] from soliciting employees to join a competitor.”300

This Court has held, and reaffirmed, “that a ban on ‘encouraging’ employees to leave

is unenforceably overbroad because it captures non-competitive conduct.” 301

            But the provision here is severable and not nearly so broad. 302 First, in Section

9.2(a)(i) East is barred from “hir[ing], offer[ing] to hire, solicit[ing] for hire or



300
      HKA Glob., LLC v. Beirise, 2025 WL 3639811, at *5–6 (Del. Ch. Dec. 16, 2025).
301
      Id.
302
      See JX8 § 9.5.


                                                55
attempt[ing] to do any of the foregoing[.]” 303 That restriction is far narrower than

“encouraging” employees to leave; it is direct solicitation within the Plaintiffs’

legitimate business interests to restrict. Then in Section 9.2(a)(ii), East is barred from

“divert[ing], entic[ing] away, or in any other manner persuad[ing] or encourage[ing]

any Non-Solicit Person to terminate such Person’s employment . . ., accept

employment with a third party, or engage in any of the activities prohibited under

Section 9.1[.]”304 This is the step too far. But the PCA compels me to segregate and

separately enforce the enforceable portion of Section 9.2. 305

          Thus, I confirm that Section 9.2(a)(i) is enforceable, under which East is

barred from “hir[ing], offer[ing] to hire, solicit[ing] for hire or attempt[ing] to do

any of the foregoing[.]” The trial record confirmed that he breached that restriction

in his dealings with Devine and Feder. East makes much of his refusal to admit such

solicitation. But his testimony lacked credibility; the weight of the documentary

evidence showed he played a large role in their departures and new business

ventures. East’s crafty maneuvers and wordsmithing aside, the Plaintiffs

demonstrated that he, more likely than not, solicited Devine and Feder to join the

“Polaris+Beacon+COD” Team.


303
      Id. at § 9.2.
304
   Id. Section 9.2(b) addresses non-solicitation of customers, suppliers, and referral
sources. The record does not reflect that East violated this portion of Section 9.2.
305
      Id. at § 9.5.


                                           56
                    c.    The Plaintiffs proved that East breached Section 9.3.

      Section 9.3 of the PCA restricts East’s use of confidential information.

“Confidential Information” is defined broadly in the PCA to include: “all non-public

information regarding the Business[.]” The Plaintiffs specifically challenge East’s

sharing of three documents: JX43, JX160, and JX1000 (with attachments at

JX1001). In JX43, East sent confidential information of a Caring People acquisition

target to a COD employee. In JX160, East sent Devine and Feder (at their COD

email addresses and after their departure from Caring People) a slide deck from a

Caring People report. And in JX1000, East forwarded to a COD employee

documents sent by Silver Oak (in JX1001), labeled “CONFIDENTIAL” in the

subject line. East argues away these actions with self-serving testimony that nothing

was truly “confidential.” This argument and testimony is unpersuasive; the

documents shared fall within the contractual provision to which he agreed and were

transmitted in violation of Section 9.3.

             2.     The Plaintiffs proved that East breached Section 12.19 of the
                    Holdco Agreement.

      The confidentiality provisions in Section 12.19 of the Holdco Agreement are

largely coextensive with those addressed in Section 9.3 of the PCA above. For the

same reasons discussed, the Plaintiffs met their burden to prove breach.




                                           57
                3.     The Plaintiffs proved that East breached the East IUA. 306

         The Plaintiffs argue that East breached Section 19 in the East IUA. Section 19

is coextensive with the non-solicitation provision in the PCA Section 9.2 addressed

above. I hold it is enforceable, and has been breached, to the same extent and for the

same reasons as Section 9.2 of the PCA.

                4.     The Plaintiffs proved that East tortiously interfered with the
                       Plaintiffs’ contracts with Devine or Feder.

         The facts underlying Plaintiffs’ tortious interference claim are largely co-

extensive with its contractual non-solicitation claims. But to prove a tort, the

Plaintiffs needed to prove that East knew of Devine and Feder’s contracts and took

“an intentional act that is a significant factor in causing the breach of such

contract[s], . . . without justification.”307 East knew of Devine and Feder’s

contractual obligations to the Plaintiffs, yet he solicited both to work with the

Polaris+Beacon+COD Team. I hold that solicitation was an intentional act, which

was a significant factor in them breaching their underlying contracts.




306
   The Plaintiffs earlier argued that East also breached Section 20, but their failure to brief
that provision post-trial amounts to waiver. See Emerald P’rs v. Berlin, 2003 WL
21003437, at *43 (Del. Ch. Apr. 28, 2003), aff ’d, 840 A.2d 641 (Del. 2003).
307
      Bhole v. Shore Invs., Inc., 67 A.3d 444, 453 (Del. 2013).


                                               58
                 5.      The Plaintiffs failed to prove that East owed or breached any
                         fiduciary duties.

         To prevail on their breach of breach of fiduciary duty claim, the Plaintiffs

needed to prove that East owed and breached a fiduciary duty. 308 The Plaintiffs argue

East owed a duty of loyalty requiring “an unselfish loyalty to the corporation” and

for him to act in good faith, without any “dishonest purpose or moral obliquity.”309

But, in doing so, the Plaintiffs gloss over Section 6.6 of the Holdco Agreement,

which eliminated East’s fiduciary duties. 310 The Plaintiffs contend, with little

argument, that the exceptions for “fraud, intentional misconduct, [] bad faith

violations of the implied [covenant], or . . . breach of any Related Agreement” apply

and that the same conduct which supports the contract claims, amounts to fiduciary

claims.311 But, at best, this claim appears to be impermissibly bootstrapped onto the

primary contract claim. “Delaware law does not permit a plaintiff to ‘bootstrap’ a

contract claim into a fiduciary duty claim by alleging that the contractual breach was

disloyal. [W]here a dispute arises from obligations that are expressly addressed by

contract, the contract claim is typically the only one that can proceed.”312 Here, the


308
      In re Dura Medic Hldgs. Inc. Consol. Litig., 331 A.3d 796, 819 (Del. Ch. 2025).
309
      In re McDonald’s Corp. S’holder Deriv. Litig., 289 A.3d 343, 380 (Del. 2023).
310
      JX9 at § 6.6(c).
311
      D.I. 244 (“Pls.’ Post-Trial Br.”) at 28–29.
  Mckenzie v. Bdo USA, P.C., 2026 WL 191010, at *7 (Del. Ch. Jan. 26, 2026) (citations
312

omitted).


                                                59
fiduciary claim is parallel to the contract claim, lacking any additional or broader

scope of facts upon which it would be appropriate to consider an independent

fiduciary claim or different potential remedies.313 I conclude the Plaintiffs failed to

articulate any cognizable duty or breach, vitiating this claim.

            B.   The Plaintiffs proved Devine’s liability under the Devine IUA, but
                 not the BPA or Holdco Agreement.

            The Plaintiffs contend Devine breached the BPA, IUA, and Holdco

Agreement. As explained herein, however, the BPA is unenforceable under New

York law and the Plaintiffs failed to prove any breach of the Holdco Agreement

(assuming Devine was a party thereto). The Plaintiffs did, however, prove that

Devine breached the Devine IUA.314

                 1.    The BPA in unenforceable under New York law.

            Section 1.3(b) of the BPA provides that Devine “shall not, directly or

indirectly, whether individually or as an owner, partner, employee, agent, consultant,

advisor, contractor, salesman, officer or director, on Employee’s own behalf, or for

or on behalf of any other corporation, partnership, venture or other business entity

or person, engage in a business substantially similar to or competitive with the




313
      Id.
314
   Like with East, I make little of the Plaintiffs’ implied covenant claims against Devine.
The Plaintiffs failed to point to discretionary acts or a cognizable gap sufficient to invoke
the implied covenant. See Osios LLC v. Tiptree, Inc., 2024 WL 2947854, at *5.


                                             60
business of the Company.”315 It further defines “substantially similar to or

competitive with the business of the Company” as “any business that provides home

healthcare to clients in New Jersey, New York, Florida and/or any other states in

which the Company is providing services at the time of Employee’s separation from

the Company.”316

            Devine’s work with Polaris, Beacon, and COD violates this provision.

Devine’s only “out” is her enforceability argument; Devine argues that the BPA is

unenforceable under New York law and the Plaintiffs do not dispute that New York

law applies. Specifically, Devine points to Eastman Kodak Co. v. Carmosin 317 and

Flatiron Health, Inc. v. Carson, 318 which I address in return.

            In Eastman, the court emphasized that under New York law, “[i]t is well

established that agreements by an employee not to compete with his or her employer

upon the termination of employment are judicially disfavored because powerful

considerations of public policy . . . militate against sanctioning the loss of a

[person’s] livelihood[.]” 319 “Thus, [a] restrictive covenant against a former employee

will be enforced only if reasonably limited temporally and geographically . . ., and


315
      JX1.
316
      Id.
317
      909 N.Y.S.2d 247 (N.Y. App. Div. 2010).
318
      2020 WL 1320867 (S.D.N.Y. Mar. 20, 2020).
319
      Eastman Kodak Co. v. Carmosino, 909 N.Y.S.2d 247, 249 (N.Y. App. Div. 2010).


                                            61
then only to the extent necessary to protect the employer from unfair competition

[that] stems from the employee’s use or disclosure of trade secrets or confidential

customer lists[.]”320 This calls for a more stringent review than under Delaware law.

            Devine then uses Flatiron to call the BPA to task for vague language. In

Flatiron, the court questioned the use of “similar to” as providing “no criteria to

provide notice of which similarities are and are not relevant.”321 The bar for working

for businesses “similar to” was thus vague and unenforceable in Flatiron.

            Beginning with Flatiron, the provision here is slightly more specific. It defines

the business as more than just “similar to” and it limits the scope to the regions in

which Caring People is doing business at Devine’s departure. This distinguishes the

provision from that found vague in Flatiron. But I share Devine’s concern that the

BPA is broader than necessary to protect Caring People’s business. The inclusion of

all regions in which Caring People does business and the restriction of even indirect

work within the home healthcare industry is broader than New York law would

permit under its more stringent lens. The BPA is, therefore, unenforceable and I find

no basis under New York law that would allow blue penciling.




320
      Id.
321
      Flatiron Health, Inc. v. Carson, 2020 WL 1320867, at *20 (S.D.N.Y. Mar. 20, 2020).


                                               62
               2.     The Plaintiffs proved that Devine breached the IUA. 322

         The Plaintiffs also argue that Devine breached Section 19 in the Devine IUA.

This section bars Devine, in pertinent part from:

         solicit[ing], divert[ing], entice[ing[] away, or in any other manner
         persuad[ing] or encourage[ing] (or attempt[ing] to do any of the
         foregoing) (i) any actual or prospective customer, supplier or referral
         source of a CP Company to become a customer, supplier or referral
         source of any third party that competes with the business of any CP
         Company or is engaged in the business of providing licensed private
         duty nursing or home healthcare services and other related services in
         the United States or (ii) any customer, supplier, referral source, licensee,
         licensor, consultant or other business relation of a CP Company during
         the Restriction Period to cease doing or materially reduce its business
         with a CP Company. 323

The “Restriction Period” is defined as two years after Devine leaves her

employment.

         The trial evidence of Devine’s actions in connection and on behalf of Polaris,

Beacon, and COD supports that she, more likely than not, breached this provision.

To avoid liability, Devine argues that the Devine IUA lacked consideration or is

unenforceable.




322
   The Plaintiffs earlier argued that Devine also breached Section 20, but their failure to
brief that provision post-trial amounts to waiver. Emerald P’rs, 2003 WL 21003437, at
*43.
323
      JX12.


                                             63
         The first argument is easily disposed under the reasoning of the Delaware

Supreme Court’s February 3, 2026 decision in North American Fire Ultimate

Holdings LP v. Doorley. 324 Therein, the court reinforced that incentive units may be

adequate consideration for a restrictive covenant. Devine’s continued argument that

the incentive units granted to her in the Devine IUA held no value for consideration

purposes is a nonstarter.

         Devine’s second argument is that the restrictions are overbroad and

unreasonable. I agree, in part. As addressed above, “[u]ltimately, ‘the reasonableness

of a covenant’s scope is not determined by reference to physical distances’ but

instead ‘the area in which a covenantee has an interest the covenants are designed to

protect.’”325 Here, the non-solicit has two parts. The first is broad: it bars actions

toward “any actual or prospective customer, supplier or referral source” to encourage

them “to become a customer, supplier or referral source of any third party that

competes” with Caring People or who is engaged in “licensed private duty nursing

or home healthcare services and other related services in the United States[.]” That

scope is far too broad to meet the needs of the employers and the considerations for

blue penciling it are much less convincing given Devine’s position in the transaction.

But the second part is separate and salvable; it bars Devine from encouraging “any


324
      2026 WL 274647 (Del. Feb. 3, 2026) (TABLE).
325
      Daxco, LLC, 2026 WL 172862, at *6.


                                           64
customer, supplier, referral source, licensee, licensor, consultant or other business

relation of a CP Company during the Restriction Period to cease doing or materially

reduce its business with a CP Company.” I find this provision enforceable. And the

Plaintiffs proved that Devine violated this narrower provision through, at least, her

contacts with the Amsterdam and the Residences.

              3.    The Plaintiffs failed to prove that Devine breached the
                    Holdco Agreement.

        The Plaintiffs argue that Devine breached the Holdco Agreement by sharing

confidential information. Even if I agree that Devine is bound by the Holdco

Agreement (which she strenuously denies), the Plaintiffs failed to prove that Devine

shared any confidential information as defined therein. This claim fails.

        C.    East and COD largely failed to establish Silver Oak’s liability,
              except as to Section 5.3 of the Holdco Agreement.

        East and COD, as counterclaim plaintiffs, contend that Silver Oak (1)

breached the Holdco Agreement, or implied convent therein, (2) breached the COD

agreement, or (3) is required to indemnify East’s attorneys’ fees. I address these in

turn.

              1.    East proved that Silver Oak breached Section 5.3 the Holdco
                    Agreement.

        East contends that Silver Oak breached Section 5.3 of the Holdco Agreement

or the implied covenant inherent in Section 5.1. I agree on the former and disagree

on the latter. Section 5.3 requires Caring People to distribute to members cash

                                         65
sufficient to cover their tax liability arising from income allocations. There are

exceptions, but Silver Oak does not argue any post-trial. Rather, Silver Oak begs me

to look at the ERTC situation and forgive its delay as an appropriate board decision.

The contract does not provide any such delay mechanism or “out.” Silver Oak

breached the Holdco Agreement by failing to timely and fully pay to East the April

10, 2022 distribution.

      East’s implied covenant claim should fail. East disputes Silver Oak’s decision

not to make discretionary distributions under Section 5.1, arguing that it prioritized

itself with management fees over and above making distributions under Section 5.2.

East would have me deem this an arbitrary or unreasonable use of discretion; I

cannot do so. East failed to meet his burden of proof.

             2.    East failed to prove that Silver Oak breached the 2019 COD
                   Agreement.

      East argues that Silver Oak breached the 2019 COD Agreement by refusing

to pay the post-termination invoice and failing to pay approximately $1.8 million for

OnDemand visits. Neither argument has merit.

      Under the 2019 COD Agreement a statement of work was required before

COD could properly incur chargeable fees. The 2019 COD Agreement only

obligates Caring People to “pay [the invoiced fees] in accordance with the fee and




                                         66
invoicing schedule set forth in each Statement of Work.” 326 Under Section 2.4 of that

agreement, “[n]o Statement of Work will be effective unless and until signed by

authorized representatives of both parties.327 The email communications in

connection with separation neither modified that requirement nor met the call of a

signed and authorized statement of work as contemplated therein.328 Again, the 2019

COD Agreement provides that a statement of work is “a mutually executed

document entered into by the parties pursuant to this Agreement and used to

purchase CaringOnDemand Products and Services.”329 No such statement of work

was authorized for the post-termination work, vitiating this claim.

            For the OnDemand visits, COD failed to provide any documentation to

support East’s testimony as to the missing payments. COD further failed to point to

clients or payments therefrom for which it did not receive its contractual fee. The

burden was with COD to do so and it failed.




326
      JX18 at § 5.1.
327
      Id.
328
   Put another way, JX79 was not an offer that was accepted in JX117; the parties still
needed a statement of work.
329
      JX18 at 2.


                                          67
                3.   East failed to prove that he is entitled to fees from Silver Oak.

         East seeks to recover his attorneys’ fees from Silver Oak under four theories:

(a) indemnification under the Holdco Agreement; (b) fee shifting under Section 12.5

of the Holdco Agreement; (c) prevailing party shifting under the East IUA Section

18; or (d) bad faith fee shifting as an exception to the American Rule. 330 I address

each in turn.

                     a.     East is not entitled to indemnification under the
                            Holdco Agreement.

         Under 6.7 of the Holdco Agreement, a “Covered Person,” which includes

East, is granted broad indemnification for expenses in actions related to their

position in the company “except that no Covered Person shall be entitled to be

indemnified in respect of . . . any Indemnified Cost incurred by such Covered Person

by reason of . . . such Covered Person’s breach of a Related Agreement or other

agreement with the Company or a Subsidiary to which such Covered Person is a

party.”331 Having found East liable for breaches of “Related Agreements,” I find the

exception applies and indemnification is unavailable.

                     b.     East is not entitled to fee shifting under the Holdco
                            Agreement.


330
    East earlier argued that he was also entitled to indemnification under the PCA but his
failure to brief that issue post-trial amounts to waiver. Emerald P’rs, 2003 WL 21003437,
at *43.
331
      JX9.


                                           68
            The Holdco Agreement further provides in Section 12.5:

            Any party hereto that breaches the terms of this Agreement (the
            “Breaching Party”) further covenants and agrees to indemnify and hold
            the other parties hereto harmless from and against all costs and
            expenses, including legal or other professional fees and expenses
            incurred by such parties, in connection with or arising out of any
            proceeding instituted by such parties against the Breaching Party;
            provided that the party or parties seeking indemnification pursuant to
            this Section 12.5 must have substantially prevailed in such
            proceeding. 332

            Herein, I have found that Silver Oak breached Section 5.3 of the Holdco

Agreement, but I also found that East breached Section 12.19 of the Holdco

Agreement. He did not, therefore, “substantially prevail” and is not entitled to

contractual fee shifting.

                         c.    East is not entitled to fee shifting under the IUA.

            East points to Section 18 in the East IUA which provides that the prevailing

party is entitled to recover all costs, including reasonable attorneys’ fees and costs.

Having held that East breached the East IUA, the Plaintiffs—rather than East—are

the prevailing parties.

                         d.    There is no basis for bad faith fee shifting.

            Finally, East argues for bad faith fee shifting. The standard for bad faith, an

exception to the American Rule, is intentionally high and East failed to meet it.333


332
      Id.
333
   See Donnelly v. Keryx Biopharmaceuticals, Inc., 2019 WL 5446015, at *6 (Del. Ch.
Oct. 24, 2019) (“The Court typically will not find a litigant acted in bad faith for purposes

                                              69
The record before me shows a hotly contested, and heavily litigated action, but no

bad faith on either side of the “v.”

         D.     The Plaintiffs are entitled to damages, injunctive relief, and fees;
                East is entitled to offsetting damages.

         Having trudged through the parties claims for relief, I now turn to the

 appropriate remedies for those which prevailed. As a reminder, I have concluded

 that East breached the PCA (Sections 9.1, 9.2, and 9.3), the Holdco Agreement

 (Section 12.19), and the East IUA (Section 19), and tortuously interfered with the

 Plaintiffs’ agreements with Devine and Feder. I further concluded that Devine

 breached the Devine IUA (Section 19). And, finally, that Silver Oak breached the

 Holdco Agreement (Section 5.3). Now I must address the remedies therefore.

         Remedies for breach of contract are typically monetary. The successful party

 “is entitled to the benefit of his bargain, that is, to be placed, by the payment of

 damages, in the position he would enjoy had the contract not been breached.”334

 Injunctive relief may be warranted when a plaintiff demonstrates (1) actual success

 on the merits, (2) irreparable harm, and (3) that the balance of equities weighs in

 favor of issuing the injunction. 335 For tortious interference, remedies in contract and


of shifting attorneys’ fees unless the litigant’s conduct rose to the level of ‘glaring
egregiousness.’”).
334
      Morabito v. Harris, 2001 WL 1269334, at *3 (Del. Ch. Oct. 10, 2001).
335
   Concord Steel, Inc. v. Wilm. Steel Processing Co., 2009 WL 3161643, at *14 (Del. Ch.
Sep. 30, 2009).


                                             70
 tort coincide, “as the harm suffered by the tort victim due to the tortfeasor’s

 wrongful act is often the loss of the benefits of its bargain.” 336

       The Plaintiffs seek primarily monetary relief; damages to compensate for the

 breaches established. They also seek injunctive relief to extend the terms of the

 breached restrictive covenants. I grant both types of relief, in part.

       East, for his counterclaim, seeks damages, which I also grant in part, offsetting

 the amount he owes to the Plaintiffs.

       I address the requests in turn.

              1.    The Plaintiffs are entitled to injunctive relief and limited
                    monetary damages.

       The easiest request before me is for injunctive relief. The Plaintiffs established

that both East and Devine breached certain binding restrictive covenants well before

they expired. The terms of those restrictive covenants should be reinstated to provide

the Plaintiffs the benefit of their bargain. That means restricting East for the full two

years on the PCA and East IUA sections he violated and Devine for two years for

the Devine IUA section violated.




336
   eCommerce Indus., Inc. v. MWA Intel., Inc., 2013 WL 5621678, at *50 (Del. Ch. Sep.
30, 2013).


                                           71
            The harder question is what, if any, damages the Plaintiffs have proven. To

prove their damages case, the Plaintiffs introduced an expert witness, Joseph

Thompson of Coherent Economics. 337 Thompson’s qualifications as an expert are

not in dispute.338 But the Defendants strongly contest his opinion and the foundation

therefor. The Plaintiffs’ damages theory, proffered through Thompson, is one of lost

profits. Thompson opined that Caring People suffered lost profits totaling

approximately $12.4 million. 339 This calculation focused on the New York and New

Jersey markets only, with a damages period that ran from July 2023 through March

2027. 340 The start of that period reflects the departure of East and Devine in the first

quarter of that year. The end of the damages period reflects, in Thompson’s opinion,

a “reasonable estimate of when Silver Oak would anticipate a sale of Caring People

to a third-party buyer, thereby removing the non-solicit and non-compete

restrictions[.]”341




337
    JX262. Coherent Economics is a “boutique financial consulting firm based in Chicago,
Illinois.” Thompson Tr. 1156:19–22.
338
   Thompson Tr. 1162:16–21. Thompson holds several degrees from Depaul University
and Boston University, as well as accreditations from the American Society of Appraisers
and the CFA Institute. JX262; PDX2.
339
      JX262 at 39.
340
      Id. at 18.
341
      Id.


                                             72
         The report used two methodologies: the yardstick and but-for methods, and

measured the “industry growth rate” in the home care industry, while comparing it

to Caring People’s revenue both pre and post-departure.342 While Thompson

originally examined data in five states, he only included New York and New Jersey

in his damages model because the rest did not meet the criteria he employed.343 New

York and New Jersey both had excess attrition of Caring People’s referral sources

and a significant decline in revenue.344

         While the math and methodologies used by Thompson are sound, some of the

facts and reasoning he relied on to get there stand on more shaky ground. Thomspon

admitted that in preparing his report, he assumed full liability and causation.345 When

consulting with Caring People management, they provided no other explanations for

potential causes of decline in revenue, other than Devine and East competing. 346 He

did, however, explain that the “industry growth rate” calculation he measured takes

into account patient morbidity, salesforce turnover, and changes in referral

sources.347 But his opinion does not account for the lack of effort at Caring People



342
      Id. at 20–23.
343
      Thompson Tr. 1176:7–1178:12.
344
      See JX262 at 25–27.
345
      Thompson Tr. 1164:24–1165:4.
346
      Thompson Tr. 1217:9–1218:2.
347
      Johnson Tr. 1172:17–24.


                                           73
post-Devine’s departure nor that Caring People told its shareholders through

quarterly reports that their decrease in revenue was due to “turnover with the sales

team,” “loss of sales representatives,” and “wage pressure and overall tight labor

market[s].”348 Rather Thomspon’s report attributed all of Caring People’s revenue

decline in New York and New Jersey solely to the Defendants. 349

         When Thompson was deposed, he conceded that his damages figure of $12.4

million is inappropriate if East and Devine were only found liable for improperly

diverting revenue from a handful of clients.350 But because the $12.4 million

damages number assumes that the Defendants caused all of the revenue deviation,

Thompson could not comment on how exactly it would be affected. 351

         Given the more nuanced ruling herein, and my concerns about causation for

the full lost profits figure, I cannot adopt Thompson’s opinion. It would result in an

unsupported windfall to the Plaintiffs and falls far short of the reasonable estimate

required.352 Perhaps expecting this result, in post-trial briefing, the Plaintiffs argued,

in the alternative, for a segmented award by geographic region or time frame.



348
      JX254.
349
   Thomspon also failed to address the Amsterdam’s bankruptcy, competition from other
Caring People employees who left to work for competitors during this time, or the
cancellation of staffing contracts.
350
      Thompson Tr. 1218:7–1220:12.
351
      Thompson Tr. 1220:10–16.
352
      See Concord Steel, Inc. v. Wilm. Steel Processing Co., 2009 WL 3161643, at *16.


                                             74
       I find this proposal much more palatable. The Plaintiffs have established that

the Defendants competed and solicited primarily within New York and that Caring

People’s profits declined significantly in response.353 Because that decline cannot be

solely contributed to the Defendants, I will only award the Plaintiffs half of their

New York lost profits. 354 I will also limit the recovery from Q3 2023 through Q2

2025, after which time the Plaintiffs should have had mitigation efforts well under

way. The Plaintiffs are therefore entitled to $4.304 million.

       Unless the Defendants agree otherwise, I decline to assess such damages

against the Defendants jointly and severable. Rather, I find they should be allocated

unequally to account for East’s oversized role in the competitive conduct and

Devine’s limited liability under the sole provision that binds her (the narrowed non-



353
    The Defendants argue that the Plaintiffs failed to prove causation because they could
not specify any diverted clients or referral sources, and the revenue lost thereby. Although
I have discounted recovery for such deficiency, I do not agree that causation is lacking. The
Plaintiffs’ demonstrated breaches, resulting declines, and I have discounted those
appropriately to reduce external factors. See Red Sail Easter Ltd. Partners, L. P. v. Radio
City Music Hall Prods., Inc., 1992 WL 251380, at *7 (Del. Ch. Sept. 29, 1992) (“The law
does not require certainty in the award of damages where a wrong has been proven and
injury established. Responsible estimates that lack [mathematical] certainty are permissible
so long as the court has a basis to make a responsible estimate of damages.”).
354
   In doing so, I exclude New Jersey, for which the Plaintiffs’ causation showing was
weaker. The ½ reduction of the New York amount accounts for the non-negligible level of
other disruption to the business and mitigates against the inevitable loss with two
rainmakers; even absent competition, the departures of East and Devine would likely lead
to a loss in Caring People’s revenue. But, with the proven competition and solicitation, it
is a reasonable assumption that significant loss was from the breaching conduct and not
mere attrition, and I value it, based on the evidence before me at ½.


                                             75
solicit under the Devine IUA). I hold that a split of 3/4 ($3.228) for East and 1/4

($1.076) for Devine is appropriate.

      This damages award accounts for the lost profits suffered by the Plaintiffs for

the Defendant’s breaches of their binding restrictive covenants (East’s non-compete

and non-solicit in the PCA and East IUA and Devine’s breach of the Devine IUA).

The Plaintiffs have not demonstrated any additional damages flowing from East’s

breach of the Holdco Agreement or tortious interference. I further reject the

Plaintiffs’ arguments for disgorgement (premised on its unsuccessful fiduciary

claim) and an EBITDA multiple (as unsupported and duplicative of its lost profits

recovery).

      As noted above, the Plaintiffs are, however, entitled to recovery as prevailing

parties under the East IUA and the Devine IUA. I decline, however, to shift fees in

full, because the IUAs were only a portion of this much larger case. I conclude that

1/3 is an appropriate allocation of the Plaintiffs’ reasonable fees and expenses to shift




                                           76
to the Defendants, jointly and severally.355 If the parties cannot agree on an amount,

the Plaintiffs shall submit an affidavit under Court of Chancery Rule 88. 356

         The Plaintiffs are also entitled to prejudgment and post-judgment interest. “In

Delaware, prejudgment interest is awarded as a matter of right. Such interest is to be

computed from the date payment is due.” 357 “Where damages do not accrue

immediately upon breach, prejudgment interest is measured from the date on which

the damages began to accrue.” 358 I see no reason to depart from that routine practice,

and I grant the Plaintiffs’ prejudgment interest on their damages at the legal rate.359

         Post-judgment interest is also awarded as a matter of right. 360 “Prejudgment

interest is part of the ‘judgment’ and, as such, should be included in the amount on


355
   See Mahani v. Edix Media Gp., Inc., 935 A.2d 242, 245 (Del. 2007) (“Delaware law
dictates that, in fee shifting cases, a judge determines whether the fees requested are
reasonable.”); Black v. Staffieri, 2014 WL 814122, at *4 (Del. Feb. 27, 2014) (TABLE)
(This court has “broad discretion in determining the amount of fees and expenses to
award.”). Another factor guiding my decision is Devine’s status as an employee. See Rsch.
& Trading Corp. v. Pfuhl, 1992 WL 345465, at *15 (Del. Ch. 1992) (“The Special context
of an employment contract may be thought to raise special concerns [in enforcing fee
shifting agreements]. Employees as a class may be thought to lack bargaining power vis a
vis their employers and thus the enforcement of a provision shifting legal fees in an
employment contract may, at least in some cases, offend the policy of the law that has
sought to permit necessitous persons to avoid oppressive bargains that were forced upon
them.”).
356
   With this mixed bag ruling, I decline to shift costs to any side as the prevailing party
under Court of Chancery Rule 54(d).
357
      Citadel Hldg. Corp. v. Roven, 603 A.2d 818, 826 (Del. 1992).
358
      Vivint Solar, Inc. v. Lundberg, 2024 WL 2755380, at *37 (Del. Ch. May 30, 2024).
359
      See 6 Del. C. § 2301(a).
360
      See Noranda Aluminum Hldg. Corp. v. XL Ins. Am., Inc., 269 A.3d 974, 978 (Del. 2021).


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which post-judgment interest accrues.” 361 The Plaintiffs are awarded post-judgment

interest at the legal rate on the combined amount of the damages award and the pre-

judgment interest. Post-judgment interest, like prejudgment interest, will compound

quarterly.

                2.    East is entitled to compensatory monetary damages.

         East is entitled to damages for Silver Oak’s breach of Section 5.3 of the

Holdco Agreement. He seeks the principal amount unpaid, late payment penalties,

and interest on his federal taxes. The latter two are not appropriately attributed to

Silver Oak’s breach as consequential damages. I will, however, award the total

principal balance due: $355,533.00. And for the same reasons discussed above, I

award East prejudgment and post-judgment interest, both of which compound

quarterly. This amount should offset the amount East owes the Plaintiffs, above.

IV.      CONCLUSION

         For these reasons, I find that East breached the PCA (Sections 9.1, 9.2, and

9.3), the Holdco Agreement (Section 12.19), and the East IUA (Section 19), and

tortiously interfered with the Plaintiffs’ agreements with Devine and Feder. I further

concluded that Devine breached the Devine IUA (Section 19). And, finally, that

Silver Oak breached the Holdco Agreement (Section 5.3). The two-year terms of the




361
      NGL Energy P’rs LP v. LCT Cap., LLC, 319 A.3d 335, 338 (Del. 2024).


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Defendant’s restrictive covenants are reinstated. The Plaintiffs are entitled to $4.304

million in damages, allocated ¾ to East and ¼ to Devine, plus pre- and post-

judgment interest but minus East’s entitlement to $355,533.00, plus pre- and post-

judgment interest.




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