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Chancery Appoints Receiver Pursuant to § 17-805 to Oversee Winding-up of...

Techmer Accel Holdings, LLC v. Amer, C.A. No. 4905-VCN (Del. Ch. Dec. 29, 2010), read opinion here. Issues Addressed This 36-page opinion from the Delaware Court of Chancery involved the appointment of...

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Chancery Sorts out Imbroglio Due in Part to Lack of LLC Operating Agreement

Phillips v. Hove, C.A. No. 3644-VCL (Del. Ch. Sept. 22, 2011). Read opinion here. Issues Addressed This 52-page post-trial opinion addressed a score of issues related to the fiduciary duties owed by...

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Court Addresses Question of Appointment of a Receiver for Defunct Corporation...

In the recent decision styled as: In The Matter of Krafft-Murphy Co., Inc., CA No. 6049-VCP (Del. Ch. Nov. 9, 2011), read opinion here, the Court addressed the unusual and novel issue of whether a...

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Chancery Addresses Issues in Dissolution of LLC

Gould v. Gould, C.A. No. 3332-VCP (Del. Ch. Aug. 14, 2012).  This 38-page decision addressed issues that arose in connection with the dissolution of an LLC, and in particular, disputes that arose...

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Chancery Addresses Two Methods for Dissolving Delaware Corporations; No...

In the Matter of Krafft-Murphy Company, Inc., C.A. No. 6049-VCP (Del. Ch. Feb. 4, 2013). Issue Addressed This case addresses a question of first impression in Delaware: Whether a receiver should be...

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Supreme Court Addresses Claims Against Dissolved Corporation

Anderson v. Krafft-Murphy Company, Inc., Del. Supr., No. 85-2013 (Nov. 26, 2013). Issue Presented: Delaware’s Supreme Court addresses issues of first impression in this opinion, including: does...

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