Posted on February 24, 2009 by Francis G.X. Pileggi

Amendments to Chancery Court Rules

The Delaware Chancery Court, by Order available here, has amended Chancery Court Rules 3(aa) and 15(c), effective March 2, 2009. The text of the Order is so short, I will repeat it verbatim: This 31st day of December, 2008, IT IS HEREBY ORDERED that Court of Chancery Rule 3(aa) is... Continue Reading...
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Posted on January 11, 2009 by Francis G.X. Pileggi

Chancery Retains Jurisdiction Over Claims to Pierce Corporate Veil and Related Allegations

In Winner Acceptance Corp. v. Return of Capital Corp., (Del. Ch., Dec. 23, 2008), read 44-page opinion here, the Chancery Court decided that it had equitable jurisdiction (where it raised the issue sua sponte), over whether the allegations in this case were within its limited parameters. Importantly, there was... Continue Reading...
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