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#13819287 v1 IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE YAIR GOLDFINGER, ) ) Petitioner, ) ) C.A. No. v. ) ) MPC HOLDING ESTABLISHMENT AND ) DANIEL MATTES, ) ) Respondents. ) PETITION Yair Goldfinger brings this Petition against MPC Holding Establishment and Daniel Mattes and alleges as follows: Parties 1. Petitioner Yair Goldfinger (the “Petitioner”) is a citizen of Israel. 2. MPC Holding Establishment (“MPC” or “Respondent”) is a Liechtenstein corporation. 3. Jajah, Inc. (“Jajah”) is a Delaware corporation that was founded in 2005. 4. Jumio, Inc. (“Jumio”) is a Delaware corporation that was founded by Daniel Mattes on February 9, 2010 and has a principal place of business in Los Altos California. 5. Daniel Mattes (“Mattes”) is a citizen of Austria who also maintains a home in California and is the owner of MPC, was one of the founders of Jajah and is the founder of Jumio. EFiled: Feb 22 2011 4:20PM EST Transaction ID 36077377 Case No. 6207-

Yair v Mattes

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  • #13819287 v1

    IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE

    YAIR GOLDFINGER, ) ) Petitioner, ) ) C.A. No. v. ) ) MPC HOLDING ESTABLISHMENT AND ) DANIEL MATTES, ) ) Respondents. )

    PETITION

    Yair Goldfinger brings this Petition against MPC Holding Establishment

    and Daniel Mattes and alleges as follows:

    Parties

    1. Petitioner Yair Goldfinger (the Petitioner) is a citizen of Israel.

    2. MPC Holding Establishment (MPC or Respondent) is a

    Liechtenstein corporation.

    3. Jajah, Inc. (Jajah) is a Delaware corporation that was founded in

    2005.

    4. Jumio, Inc. (Jumio) is a Delaware corporation that was founded by

    Daniel Mattes on February 9, 2010 and has a principal place of business in Los Altos

    California.

    5. Daniel Mattes (Mattes) is a citizen of Austria who also maintains a

    home in California and is the owner of MPC, was one of the founders of Jajah and is the

    founder of Jumio.

    EFiled: Feb 22 2011 4:20PM EST

    Transaction ID 36077377

    Case No. 6207-

  • -2-#13819287 v1

    6. When it was formed Jajah was a high tech startup in the

    telecommunication sector.

    7. When it was formed, Jumio was a high tech startup in the electronic

    bill payment sector.

    8. At all times relevant hereto, Mattes controlled MPC.

    9. At the beginning of the period covered by this Petition, MPC held all

    of Daniel Mattes common stock in Jajah.

    10. As is discussed more fully in Yair Goldfinger v. MPC Holding

    Establishment, Case No. 5365 - VCS, Jajah obtained funding through the sales of

    securities. In connection with those sales, the stockholders of Jajah entered into a

    stockholders agreement which provided for certain restrictions on the transfer of Jajah

    common stock (the Transfer Restrictions).

    11. Shortly after the second round of financing for Jajah, Mattes needed

    money and his only immediate source was his Jajah stock.

    12. Mattes approached Petitioner to try to find a way for Mattes to

    obtain the cash that he needed without violating the Transfer Restrictions.

    13. To that end, Mattes and Petitioner entered into an arrangement that

    was designed to provide Mattes with current funds without violating the Transfer

    Restrictions which was evidenced in a written agreement executed on December 20,

    2006. (The MPC Agreement, Exhibit A hereto).

    14. Because it had to work around the Transfer Restrictions, payments to

    the Petitioner under the MPC Agreement depended on the occurrence of one or more

    events in the future that might or might not occur. The amount to be paid to Petitioner

  • -3-#13819287 v1

    under that agreement was also dependent on both the occurrence of future events and the

    financial effect of such future event or events. (Exhibit A at 7)

    15. More specifically Petitioner and Mattes agreed that Petitioner would

    pay MPC and Mattes a sum of money currently and, in return, MPC would pay Petitioner

    a sum of money in the event that a Change of Control of Jajah were to occur at some

    time in the future. The term Change of Control was defined broadly to include, among

    other things, a merger, acquisition or sale of substantially all of the assets of Jajah. Upon

    a Change of Control, Petitioner would be entitled to receive a sum of money from the

    proceeds received by MPC for 356,406 shares (the Original Amount) of its Jajah stock

    in the Change of Control transaction. The amount of that payment would vary according

    to the amount that MPC would receive for the Original Amount as a result of the Change

    of Control event and certain elections that MPC was entitled to make based upon the

    amount of the proceeds it was to receive in the Change of Control transaction. (Exhibit A

    at 7).

    16. Once the MPC Agreement became effective, MPC held the Original

    Amount of its Jajah shares for the benefit of Petitioner. (Exhibit A at 3).

    17. Petitioner was counting on the availability of the Original Amount of

    MPCs Jajah shares identified to the MPC Agreement to ensure that there would be a

    source of funds from which Petitioner would be paid in the event of a Change of Control

    transaction.

    18. By 2010 the Original Amount had grown to 1,425,624 (the

    Adjusted Amount) as a result of a 4 for 1 stock split in 2007.

  • -4-#13819287 v1

    19. In early 2010, a Change of Control transaction occurred in which

    Jajahs stockholders were cashed out.

    20. Petitioner then sought payment by MPC under the MPC Agreement.

    21. MPC refused to make payment under the MPC Agreement.

    22. The MPC Agreement contained an exclusive jurisdiction provision

    providing that any litigation arising out of or related to the MPC Agreement would take

    place only in the courts of Delaware. Mattes signed the MPC Agreement on behalf of

    MPC and also in his personal capacity.

    23. Litigation ensued in this Court and on August 12, 2010.

    24. MPC initially entered an appearance in the action, but, after seeking

    and obtaining two extensions of the time to answer the petition, Mattes instructed MPCs

    counsel not to file an answer and to inform Petitioners counsel that MPC would not be

    participating in the Delaware litigation.

    25. This Court entered a default judgment against MPC in favor of

    Petitioner in the amount of $5,584,523.40 (the Judgment).

    26. After entry of the Judgment, Petitioner set out to collect from MPC.

    However, it soon became evident that MPC had almost no money. The reason for this

    sorry state of affairs is a tale in itself.

    27. In June of 2009, Mattes caused MPC to enter into an agreement with

    Industry Ventures Fund V, L.P. (Industry Ventures) in which MPC was to sell

    3,101,072 shares (the IV Shares) of Jajah common stock to Industry Ventures for

    $2,387,825.44 (the IV Agreement, Exhibit B hereto, at first Whereas clause and

  • -5-#13819287 v1

    1.2(a)). The IV Agreement provided for additional consideration to MPC under certain

    circumstances. (Exhibit B at 1.2(b)).

    28. The IV Agreement also included a condition that no one had made or

    threatened to make a claim that such person had any ownership interest in or right to

    payment from the proceeds of the IV Shares. (Exhibit B at 4.5).

    29. The IV Agreement contained express warranties by MPC. (See,

    Exhibit B at 2). For example, MPC warranted that as of the closing date, the seller

    would own and have all right, title and interest (both legal and beneficial) to the IV

    Shares (Exhibit B at 2.1). MPC also warranted that the IV Shares would be free and

    clear of any lien, pledge, claim, security interest, encumbrance or restriction of any sort

    whatsoever. (Id.). In addition, MPC warranted that the selling shareholder had the

    absolute and unrestricted capacity to enter into the IV Agreement and that it had not, at

    any time, taken any action that would have had an adverse effect on its ability to perform.

    (Exhibit B at 2.2 and 2.3).

    30. Mattes negotiated the IV Agreement and executed it on behalf of

    MPC. (Exhibit B at p. 10).

    31. Mattes knew that MPC had obligations under the MPC Agreement at

    the time that he caused MPC to enter into the IV Agreement.

    32. The sale of stock contemplated in the IV Agreement closed in June

    of 2009, the IV Shares were transferred and Industry Ventures paid the consideration

    called for in the IV Agreement.

    33. The IV Agreement provided that payment would be made to a bank

    account specified by the seller. (Exhibit B 1.2(a)).

  • -6-#13819287 v1

    34. Mattes, purportedly on behalf of MPC, designated the bank account

    to which the funds were to be delivered.

    35. Upon information and belief, the payment from Industry Ventures

    was made via a wire transfer to Bank Julius Baer & Co. Ltd. Zurich Switzerland via the

    following routing: CH94 0851 5611 0200 1.

    36. On August 14, 2009, Mattes caused MPC to enter into a stock

    purchase agreement with various entities associated under the Globespan banner. (The

    Globespan Agreement, Exhibit C hereto).

    37. The Globespan Agreement provided for the purchase by Globespan

    of 3,124,888 shares of Jajah stock from MPC for $2,406,163.76. (Exhibit C at first

    Whereas clause and 1.2(a)).

    38. The Globespan Agreement is essentially a carbon copy of the IV

    Agreement. Thus the Globespan Agreement also provided for additional payments to

    MPC under certain circumstances. (Exhibit C at 1.2(b)).

    39. The Globespan Agreement included a condition that no one had

    made or threatened to make a claim that such person had any ownership interest in or

    right to payment from the proceeds of the IV Shares. (Exhibit C at 4.5).

    40. The Globespan Agreement contained express warranties by MPC.

    (See, Exhibit C at 2). For example, MPC warranted that as of the closing date, the seller

    would own and have all right, title and interest (both legal and beneficial) to the

    Globespan Shares (Exhibit C at 2.1). MPC also warranted that the Globespan Shares

    would be free and clear of any lien, pledge, claim, security interest, encumbrance or

    restriction of any sort whatsoever. (Id.). In addition, MPC warranted that the selling

  • -7-#13819287 v1

    shareholder had the absolute and unrestricted capacity to enter into the Globespan

    Agreement and that it had not, at any time, taken any action that would have had an

    adverse effect on its ability to perform. (Exhibit C at 2.2 and 2.3).

    41. MPC also warranted that performance of the Globespan Agreement

    would not result in a violation or default under any other agreement to which MPC was a

    party. (Exhibit C at 2.5).

    42. Mattes negotiated the Globespan Agreement and executed it on

    behalf of MPC. (Exhibit C at p. 9).

    43. Mattes knew that MPC had obligations under the MPC Agreement at

    the time that he caused MPC to enter into the Globespan Agreement. Moreover, Mattes

    knew that the transactions contemplated by the Globespan Agreement violated MPCs

    undertakings under the MPC Agreement.

    44. The sale of stock contemplated in the Globespan Agreement closed

    in August of 2009, the Globespan Shares were transferred and Globespan paid the

    consideration called for in the Globespan Agreement.

    45. The Globespan Agreement provided that payment would be made to

    a bank account specified by the seller. (Exhibit B 1.2(a)).

    46. Mattes, purportedly on behalf of MPC, designated the bank account

    to which the funds were to be delivered.

    47. Upon information and belief, the payments from Globespan were

    made via a wire transfer to Bank Julius Baer & Co. Ltd. Zurich Switzerland via the

    following routing: CH94 0851 5611 0200 1.

  • -8-#13819287 v1

    48. Upon consummation of these two transactions, MPC no longer held

    any Jajah common stock. Thus, Mattes had caused MPC to sell the Jajah stock that it

    was holding for the benefit of Petitioner.

    49. On December 14, 2009, Mattes caused MPC to enter into an

    agreement with Rokon Holding GmbH (Rokon) whereby MPC would sell Rokon

    7,210,860 shares of Series B Preferred Stock in Talenthouse, Inc., a Delaware

    corporation, for a price that was dependent upon the amount that Rokon would receive

    for its Jajah stock in the Change of Control transaction discussed above (the Rokon

    Agreement, attached hereto as Exhibit D).

    50. Upon information and belief, the Rokon Agreement was executed by

    Mattes on behalf of MPC. (Exhibit D at p. 8).

    51. As was true of the other agreements, the Rokon Agreement provided

    that payment would be made by wire transfer to a bank account specified by the selling

    shareholder. (Exhibit D 1.2).

    52. As before, at the direction of Mattes on behalf of MPC, payment was

    made to Bank Julius Baer & Co. Ltd. Zurich Switzerland via the following routing: CH94

    0851 5611 0200 1. (Exhibit D at last page).

    53. When the Change of Control event took place in February of 2010,

    the excess payment provisions under the IV Agreement and the Globespan Agreement

    were triggered. Mattes and Industry Ventures agreed upon the amount of the excess

    payment necessary under the IV Agreement and memorialized that agreement in a letter

    signed by Mattes (the IV Letter, Exhibit E hereto).

  • -9-#13819287 v1

    54. Despite the fact that the parties to the IV Agreement were Industry

    Ventures and MPC (Exhibit B), Mattes refers to the IV Agreement as between Industry

    Ventures and Daniel Mattes in the IV Letter. (Exhibit E).

    55. Mattes then designated the same routing directions for the excess

    payment that he had for the other payments: Bank Julius Baer & Co. Ltd. Zurich

    Switzerland via the following routing: CH94 0851 5611 0200 1.

    56. However, the account at Bank Julius Baer represented by the routing

    number CH94 0851 5611 0200 1 (the Bank Baer Account) is listed as belonging to

    Mattes. (Exhibit F).

    57. Since the Globespan Agreement also included excess payment

    provisions, payments were also due under the Globespan Agreement as a result of the

    Change of Control event. That fact is evident from contemporaneous e-mails discussing

    the amount of those payments. (Exhibit G).

    58. To facilitate these payments Mattes sent an e-mail to Globespan in

    which he said: The wire instructions have not changed. Daniel Mattes, Bank Julius Baer

    & Co. Ltd. Zurich, IBAN: CH94 0851 5611 0200 1. (Exhibit H). This e-mail expressly

    identifies the Bank Baer Account as one belonging to Mattes and also identifies the Bank

    Baer Account as the account to which the previous payments from Globespan

    purportedly had been made to MPC.

    59. In connection with the excess payments by Globespan, Globespan

    asked Mattes to supply it with a form W-8 so that Globespan would not have to withhold

    a portion of the excess payments for the IRS. (Exhibit H). In response, Mattes provided

    Globespan with an IRS W-8 form showing that MPC had received the excess payments

  • -10-#13819287 v1

    despite the fact that the account those payments were sent to was in the name of Mattes.

    (Exhibit H at p. 3).

    60. When Petitioner sought, through court proceedings in a Swiss court,

    to attach the Bank Baer Account on the basis of his judgment against MPC, Mattes

    appeared and defended on the basis that the Bank Baer Account belonged to him and him

    alone.

    61. Thus, by means of the transactions described above, Mattes stripped

    MPC of its assets leaving a bare shell in its place.

    62. In a move reminiscent of the Producers, Mattes had sold the rights to

    the same stock twice in the apparent expectation that the company would fail and no one

    would ever be the wiser.

    63. Upon information and belief, in early 2010, Mattes used the

    proceeds that he received from the IV Agreement and the Globespan Agreement to form,

    and later to fund, Jumio, a Delaware Corporation.

    COUNT I

    Fraudulent Transfer

    64. Petitioner repeats and realleges the allegations of paragraphs 1 - 63

    as if fully set out herein.

    65. Mattes is an affiliate and the sole owner of MPC.

    66. At all times relevant hereto, Mattes controlled MPC.

  • -11-#13819287 v1

    67. Mattes arranged to have MPC enter into the IV Agreement, the

    Globespan Agreement and the Rokon Agreement (together, the Stripping

    Transactions).

    68. Mattes designated the Bank Baer Account as the account into which

    the proceeds from the Stripping Transactions were to be placed.

    69. Mattes knew that the Bank Baer Account was his personal bank

    account, not MPCs.

    70. Mattes gave no consideration, much less fair value, to MPC in

    exchange for the transfer of the proceeds of the Stripping Transactions to his personal

    bank account.

    71. MPC became insolvent as a result of the transfers of the proceeds of

    the Stripping Transactions.

    72. The transfers of the proceeds from the Stripping Transactions were

    done with the intent to prevent, or at least to hinder and delay, Petitioner from gaining

    access to those proceeds to satisfy the obligations underlying the Judgment.

    73. The transfers of the proceeds from the Stripping Transactions to the

    Bank Baer Account constituted fraudulent transfers of MPCs funds.

    74. Mattes formation of Jumio and subsequent transfer of the proceeds

    of the Stripping Transactions to Jumio was done with actual intent to prevent, or at least

    hinder or delay, Petitioner from gaining access to those funds to satisfy the Judgment.

    75. Petitioner has been damaged by the fraudulent transfers of the

    proceeds of the Stripping Transactions.

  • -12-#13819287 v1

    76. Petitioner is entitled to the proceeds of the Stripping Transactions

    from Mattes.

    77. Petitioner is entitled to the proceeds of the Stripping Transactions

    that were transferred to Jumio, directly or indirectly, from MPC.

    COUNT II

    Constructive Trust

    78. Petitioner repeats and realleges the allegations of paragraphs 1 - 77

    as if fully set out herein.

    79. MPC held the Original Amount of its Jajah stock for the benefit of

    Petitioner.

    80. Prior to the Change of Control transaction, MPC was obligated to

    hold the Adjusted Amount for the benefit of Petitioner.

    81. Mattes caused MPC to sell the Adjusted Amount prior to the Change

    of Control transaction in the Stripping Transactions in violation of MPCs duty to hold

    the Adjusted Amount for the benefit of Petitioner.

    82. Mattes caused MPC to divert the proceeds of the Stripping

    Transactions to himself in violation of his duties to Petitioner and MPC.

    83. Absent Mattes diversion of the proceeds of the Stripping

    Transactions to himself, the proceeds of the Stripping Transactions would have been

    available to MPC to satisfy the obligations underlying the Judgment and the Judgment

    itself.

  • -13-#13819287 v1

    84. Mattes then used the diverted proceeds, in part, to found, and later to

    fund, Jumio.

    85. On information and belief, Mattes received stock (the Founders

    Shares) in Jumio as a result of his use of the diverted proceeds to found Jumio.

    86. On information and belief, Mattes provided Jumio with additional

    funds from the diverted proceeds in return for additional Jumio securities and/or debt

    instruments (together with the Founders Shares, the Jumio Securities).

    87. Mattes obtained the Jumio Securities with proceeds that MPC should

    have retained for the benefit of Petitioner.

    88. This Court should impose a constructive trust over the proceeds of

    the Stripping Transactions sufficient to satisfy the Judgment together with additional

    amounts to which Petitioner is entitled as indemnity under the MPC Agreement to cover

    his expenses in attempting to collect on the Judgment.

    89. This Court should impose a constructive trust over the Jumio

    Securities sufficient to satisfy the Judgment together with additional amounts to which

    Petitioner is entitled as indemnity under the MPC Agreement to cover his expenses in

    attempting to collect on the Judgment.

    COUNT III

    Piercing the Corporate Veil

    90. Petitioner repeats and realleges the allegations of paragraphs 1 - 89

    as if fully set out herein.

    91. At all relevant times, Mattes controlled and dominated MPC.

  • -14-#13819287 v1

    92. At all relevant times, Mattes was an insider with respect to MPC.

    93. At the time MPC and Petitioner entered into the MPC Agreement,

    MPC held substantial assets more than enough to perform its obligations under the

    MPC Agreement.

    94. Mattes caused MPC to represent in the MPC Agreement that MPC

    would hold the Original Amount for the benefit of Petitioner.

    95. MPC did not hold the Original Amount for the benefit of Petitioner.

    96. Instead, Mattes stripped MPC of its assets by causing MPC to sell

    essentially all of its holdings in the Stripping Transactions.

    97. Mattes caused MPC to make false representations in connection with

    the Stripping Transactions about its rights to the Jajah stock.

    98. These false representations allowed MPC to transfer all of the Jajah

    stock in the Stripping Transactions.

    99. Mattes then diverted the proceeds of the Stripping Transactions to

    the Bank Baer Account which was owned by him.

    100. By causing MPC to enter into the Stripping Transactions and

    diverting the proceeds of the Stripping Transactions to his own account, Mattes caused

    MPC to become insolvent.

    101. The diversion of the proceeds of the Stripping Transactions by

    Mattes constituted fraudulent transfers of MPCs assets.

  • -15-#13819287 v1

    102. Because Mattes stripped MPC of its assets, MPC was unable to

    satisfy the Judgment.

    103. On information and belief, at the time this Court entered the

    Judgment, Mattes had diverted over $8,000,000 worth of assets from MPC to himself

    without any consideration to MPC.

    104. Mattes purposely diverted the proceeds of the Stripping Transactions

    to put that money out of the reach of MPC and Petitioner.

    105. Mattes is using MPC to insulate himself from personal liability

    arising out of the MPC Agreement.

    106. Because MPC was a sham and was used by Mattes to perpetrate a

    fraud on Petitioner, the corporate existence of MPC should be disregarded by this Court

    and Mattes should be held personally liable for the Judgment together with post judgment

    interest and Petitioners costs and attorneys fees incurred in trying to collect on the

    Judgment, including the expenses that Petitioner has incurred in the various garnishment

    proceedings that Petitioner has filed in the United States, the attachment proceedings that

    Petitioner filed in Switzerland and this proceeding.

    COUNT IV

    Alter Ego

    107. Petitioner repeats and realleges the allegations of paragraphs 1 106

    as if fully set out herein.

    108. At all relevant times, Mattes has dominated and controlled MPC.

  • -16-#13819287 v1

    109. Mattes has used MPC as a vehicle to obtain money that he needed to

    further various personal projects that brought no benefit to MPC including, without

    limitation, the Stripping Transactions and the formation of Jumio.

    110. In the many transactions that Mattes has caused MPC to enter into

    described above, Mattes did not maintain MPC as an entity separate from himself. Put

    another way, Mattes has treated MPC as an extension of himself.

    111. In each instance, when it was a benefit to Mattes to treat MPC as a

    separate entity, he did so. On the other hand, when it was a benefit to Mattes to ignore

    the legal distinction between Mattes and MPC, Mattes did so.

    112. Mattes entered into the MPC Agreement, the IV Agreement, the

    Globespan Agreement and the Rokon Agreement in the name of MPC to limit any

    personal liability that might accrue from those transactions by hiding behind the

    corporate shield of MPC.

    113. However, at a later date when the excess proceeds were to be

    distributed, Mattes referred to the IV Agreement, the Globespan Agreement and the

    Rokon Agreement as agreements between the corporate purchasers and Mattes personally

    thus dropping the fiction that MPC was the real party in interest.

    114. Despite the fact that the Bank Baer Account is held in Mattes

    personal capacity, Mattes has, when it is convenient for him to do so, alleged that the

    Bank Baer Account actually belonged to MPC. Thus, when the IV Agreement, the

    Globespan Agreement and the Rokon Agreement called for MPC to designate the

    account into which each was to deposit proceeds of their agreements with MPC, Mattes

  • -17-#13819287 v1

    designated the Bank Baer Account, thereby representing that the Bank Baer Account

    belonged to MPC.

    115. Later, Mattes dropped the fiction that the Bank Baer Account

    belonged to MPC at least for some purposes. Thus, when Mattes wanted the additional

    proceeds from the Stripping Transactions, he indicated that the Bank Baer Account was

    in his name. By contrast, when, at the same time, he was trying to avoid tax liability with

    the IRS, Mattes filed sworn statements to the effect that the proceeds of the Stripping

    Transactions went to MPC rather than him.

    116. As a result of this conduct by Mattes, MPC holds no assets in its own

    name.

    117. Indeed, all of the assets that MPC should hold in its own name, or

    the proceeds from them, now appear in Mattes name.

    118. Mattes inconstant view of his relationship to MPC has worked an

    injustice on Petitioner.

    119. As a result, this Court should treat MPC as the alter ego of Mattes

    and Mattes should be personally responsible for satisfying the Judgment together with

    post judgment interest and Petitioners costs and attorneys fees incurred in trying to

    collect on the Judgment, including the expenses that Petitioner has incurred in the various

    garnishment proceedings that Petitioner has filed in the United States, the attachment

    proceedings that Petitioner filed in Switzerland and this proceeding.

    COUNT V

    Indemnity

  • -18-#13819287 v1

    120. Petitioner repeats and realleges the allegations of paragraphs 1 119

    as if fully set out herein.

    121. Petitioner is entitled to indemnity from MPC under the MPC

    Agreement for any losses Petitioner suffers as a result of any breach MPCs undertakings

    in the MPC Agreement. (Exhibit A at 13).

    122. Petitioner has suffered losses as a result of MPCs failure to make

    the payments that it undertook to pay in the MPC Agreement including the costs

    Petitioner has suffered in connection with his efforts to collect on the Judgment.

    123. Petitioner has experienced costs for discovery in aid of execution to

    try to locate assets of MPC which it could attach. Petitioner has also experienced costs

    involved in prosecuting various attachment and garnishment proceedings in an attempt to

    obtain satisfaction on the Judgment. Finally, Petitioner has experienced costs in

    connection with this litigation which was initiated to obtain satisfaction on the Judgment.

    124. Petitioner is entitled to indemnification for all of his collection

    efforts.

    WHEREFORE: Petitioner asks that this Court:

    (a) Enter Judgment against Mattes in favor of Petitioner for that

    amount of the proceeds of the Stripping Transactions sufficient to pay the Judgment

    against MPC, including any indemnity resulting from Petitioners efforts to collect on the

    Judgment;

    (b) Enter an order establishing a constructive trust over the proceeds of

    the Stripping Transactions;

  • -19-#13819287 v1

    (c) Enter an order establishing a constructive trust over Mattes Jumio

    Stock;

    (d) Enter and order piercing the corporate veil between MPC and

    Mattes and enter judgment against Mattes in favor of Petitioner in an amount sufficient to

    satisfy the Judgment including any indemnity resulting from Petitioners efforts to collect

    on the Judgment;

    (e) Enter an order finding that Mattes and MPC are alter egos and

    entering judgment against Mattes in favor of Petitioner in an amount sufficient to satisfy

    the Judgment, including any indemnity resulting from Petitioners efforts to collect on the

    Judgment; and

    (f) Enter judgment in favor of Petitioner and against MPC in an

    amount equal to the costs Petitioner has experienced in connection with his efforts to

    collect on the Judgment including the cost of this litigation.

    (g) Enter an order granting Petitioner such other and further relief as

    this Court deems just.

    Dated: February 22, 2011 /s/ Edmond D. JohnsonEdmond D. Johnson (Del. Bar No. 2257) James G. McMillan (Del. Bar. No. 3979) James H.S. Levine (Del. Bar No. 5355) PEPPER HAMILTON LLP Hercules Plaza, Suite 5100 1313 N. Market Street P.O. Box 1709 Wilmington, DE 19899-1709 Telephone No. (302) 777-6500 Facsimile No. (302) 421-8390

    Attorneys for Petitioner