In Re Nine Systems Corporation Shareholders Litigation, Consol., C.A. No. 3940-VCN (Del. Ch. Feb. 28, 2013).
Issues Addressed: (1) Whether a dilution claim could be pursued directly instead of derivatively; and (2) Whether fiduciary duties were owed to debt holders. Answers: (1) Yes; (2) No.
Short Overview
Prior decisions by the Court