Highlights & Analysis of Key Decisions from Delaware's Supreme Court & Court of Chancery
Techmer Accel Holdings, LLC v. Amer, C.A. No. 4905-VCN (Del. Ch. Dec. 29, 2010), read opinion here.
Issues Addressed
This 36-page opinion from the Delaware Court of Chancery involved the appointment of a receiver pursuant to Section 17-805 of the Delaware Limited Partnership Act in order to oversee the winding up of the limited…
Ross Holding and Management Co. v. Advance Realty Group, LLC, C.A. No. 4113-VCN (Del. Ch. Sept. 2, 2010), is a Court of Chancery decision that addresses a motion to amend a complaint to request the appointment of a receiver for an LLC after a certificate of cancellation was filed. A more complete summary of this…
In the Matter of Dow Chem. Int’l Inc. of Delaware, 2008 Del. Ch. LEXIS 147 (Oct. 14, 2008). The Chancery Court in this opinion rejected a request to appoint a receiver for a dissolved corporation pursuant to Section 279, primarily in light of the company having been dissolved 20 years ago and not having any…