Chancery Rejects Request to Appoint Receiver of Dissolved Corp. Pursuant to DGCL Section 279

In the Matter of Dow Chem. Int'l Inc. of Delaware, 2008 Del. Ch. LEXIS 147 (Oct. 14, 2008). The Chancery Court in this opinion rejected a request to appoint a receiver for a dissolved corporation pursuant to Section 279, primarily in light of the company having been dissolved 20 years... Continue Reading...