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: Delaware Business Litigation ReportCourt of Chancery Denies Stay in Merrill Lynch Case
By Morris James LLP
In this decision, the Court of Chancery again affirms it disinclination to stay proceedings in Delaware just because a federal securities case was filed first elsewhere. Some doubt about that issue may have existed after the Court did stay a Delaware case involving Bear Sterns in favor of federal litigation in New York. But as this opinion notes, the Bear Sterns case was unique.
Full post as published by Delaware Business Litigation Report on October 28, 2008 (boomark / email).
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