Williams v. Calypso Wireless, Inc., C.A. No. 7140-VCL (Del. Ch. Feb. 8, 2012).

Issue Addressed

Whether it was appropriate to appoint a receiver to dissolve Calypso Wireless, Inc.?

Short Answer

The Court of Chancery appointed a receiver to dissolve Calypso and wind up its affairs in light of Calypso’s failure to comply with an order…