Posted on February 22, 2009 by Francis G.X. Pileggi

Delaware Chancery Court Appoints Custodian for Deadlocked Corporation

Miller v. Miller, 2009 Del. Ch. LEXIS 16 (Feb. 10, 2009)(revised Feb. 17, 2009). This Delaware Chancery Court opinion appointed a custodian (for a limited time and with limited authority), for a corporation owned 50/50 by two brothers. The appointment was pursuant to Section 226 of the Delaware General Corporation... Continue Reading...
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Posted on January 5, 2009 by Francis G.X. Pileggi

Chancery Rejects Request to Appoint Custodian

Klamka v. OneSource Technologies, Inc., (Del. Ch., Dec. 15, 2008), is a decision that may be limited to its unusual procedural and factual posture, but it applies a key statute, so I include a reference to it. The pro se plaintiff sought a default judgment on its claim for the... Continue Reading...
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