A company’s bankruptcy filing during an appeal of a dismissal of a derivative action presents questions of who, if anyone, has the standing to pursue the company’s potential claims. As this case shows ...
In Lenois v. Somers, 2021 WL 5860672 (Del. Dec. 9, 2021), the Supreme Court considered a question of first impression: Whether a Chapter 7 trustee may substitute and realign in place of the nominal ...
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