Litigation

Chancery Denies Reargument on Decision Rejecting Request for Receiver

By Francis G. X. Pileggi, Esq.

In re Dow Chem. Int'l, 2008 Del. Ch. LEXIS 169 (Nov. 18, 2008), read opinion here.  In this case, the Delaware Chancery Court rejected a motion for reargument of a prior decision, summarized here, that had rejected a request for the appointment of a receiver for a dissolved corporation--that had been dissolved for many years. The court discussed DGCL Sections 278 and 279 in the course of its reasoning.

Full post as published by Delaware Corporate and Commercial Litigation Blog on December 01, 2008 (boomark / email).