Chancery Grants TRO to Halt Restructuring of Loans Secured by Atlantis Resort and Casino in the Bahamas

Trilogy Portfolio Company, LLC v. Brookfield Real Estate Financial Partners, LLC, C.A. No. 7161-VCP (Del. Ch., Jan. 13, 2012), read opinion here. Issue Addressed Whether the restructuring of a $2.7 billion mortgage loan secured by the Atlantis Resort and Casino … Continue reading

Delaware Supreme Court Clarifies Standard for Determining Amount of Injunction Bond

Guzzetta v. Service Corporation of Westover Hills, Del. Supr., No. 34, 2010 (Nov. 9, 2010), read opinion here. Issue Addressed This short opinion addresses the rarely examined topic of the appropriate amount of a bond that is required as a prerequisite for … Continue reading