direct;"derivative claims";bankruptcy;"liability in state court of directors of company in bankruptcy"

Thornton, et al. v. Bernard Technologies, Inc., (Del. Ch., C.A. No. 962-VCN, February 20, 2009), read opinion here.

Kevin Brady, a highly respected Delaware litigator,  prepared the following review of this case.

In this Chancery Court decision, Vice Chancellor Noble granted defendants’ motion to dismiss a direct and derivative action brought in December 2004