A software as a service acquisition company has sued its former CEO and joint venture partner in the Court of Chancery, alleging it was wrongly cut out of a deal to organize retreats for entrepreneurs.

Troutman Pepper Hamilton Sanders filed the case Monday for plaintiff SureSwift Worldwide Inc. against Kevin McArdle, SureSwift's CEO from 2015 to 2022, and Calm Company Fund, an early-stage investor in profit-driven businesses.