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Court of Chancery Orders Meeting For Bankrupt

By Morris James LLP on January 15, 2008
Posted In Stockholders' Meetings

Fogel v U.S. Energy Systems, Inc., C.A. No. 3271-CC (January 15, 2008).

This is another in a line of decisions holding that the Court of Chancery may order the holding of a stockholders' meeting even if the company is in a bankruptcy proceeding. The automatic stay does not apply.

Tags: Case Summaries, Stockholders' Meetings
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