About This Blog
Summaries and analysis of recent Delaware court decisions concerning business-related litigation.
Subscribe to Blog
JDSupra RSS
Join us on LinkedIn
Follow us on TwitterTopics
Top Posts
- Chancery Finds Plaintiff Failed To State A Non-Exculpated Claim Against Special Committee Defendants In Complaint Challenging A Merger
- Chancery Finds Stockholder Conferred a Substantial Corporate Benefit by Challenging the Joint Vote of Two Classes of Common Stock under Section 242(b)(2) of the DGCL
- Court of Chancery Awards Plaintiffs Attorneys’ Fees and Costs in Section 225 Action for Obtaining a Substantial Benefit for the Corporation and its Stockholders
Top News
Archives
Morris James Blogs
Court of Chancery Refuses Dissolution of LLC
Posted In Dissolution
In re Seneca Investment LLC, C.A. 3624-CC (Del. Ch. Sept. 23, 2008)
This decision applies the corporate law rule that the Court of Chancery will not dissolve a solvent entity except for extraordinary reasons. Merely acting as a holding company without an active business is not even close to good enough to warrant dissolution.
Tags: Case Summaries, Dissolution
Share
awards
US News Best Law Firms
JD Supra Readers Choice Award
Delaware Today Top Lawyers
Super Lawyers