In Davis International, LLC v. New Start Group Corp., read opinion here, the Chancery Court refused to lift its earlier stay in favor of pending federal proceedings, in reply to, in essence, a motion for reconsideration of an earlier decision in light of subsequent developments. Especially noteworthy at footnote 10 is a discussion of the Federal Anti-Injunction Act and exceptions thereto, regarding the interfacing between state and federal court proceedings. A prior summary on this blog of the previous decision in this case imposing a stay can be found here. The formal case caption for the prior decision is: Davis Int’l, LLC v. New Start Group Corp., 2005 WL 2899683 (Del. Ch., Oct. 27, 2005).