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
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Chancery Rejects Request to Appoint Receiver of Dissolved Corp. Pursuant to DGCL Section 279
By Francis Pileggi on
Posted in Court of Chancery Updates
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…