Highlights & Analysis of Key Decisions from Delaware's Supreme Court & Court of Chancery
This article was written by Rae Ra, a corporate litigation associate in the Delaware office of Lewis Brisbois.
In the matter styled In re Coral Gables Luxury Holdings, 2025 WL 1356027, Order (Del. Ch. May 9, 2025), the Court of Chancery granted summary judgment in favor of a 50% member of an LLC who…
Spellman v. Katz, (Del Ch., Feb. 6, 2009), read opinion here. This Delaware Chancery Court opinion involved the appointment of a liquidating trustee to wind-up the LLC where the two 50/50 owners were deadlocked and their Operating Agreement already provided for dissolution.
The same vice chancellor issued a decision a few days later involving…