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: Delaware Business Litigation ReportCourt of Chancery Explains When Receiver Appointed
By Edward M. McNally
In re Texas Eastern Overseas, Inc., C.A. 4326-VCN (December 23, 2009)
When it is "reasonably likely" that a corporation has some assets, the Court will appoint a receiver even if the corporation has been dissolved for 15 years.
Full post as published by Delaware Business Litigation Report on December 23, 2009 (boomark / email).
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