Court of Chancery | Global Insolvency

Delaware Supreme Court upholds bar on derivative suits by creditors of insolvent LLCs

07 September 2011

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Showell v. Pusey, C.A. No. 3970-VGC (Del. Ch. Sept. 1, 2011) (Glasscock, V.C.)

07 September 2011

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IAC/Interactive Corp v. O’Brien, No. 629, 2010 (Del. Aug. 11, 2011)

15 August 2011

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Delaware Court of Chancery rules that “deepening insolvency” is not a recognizable cause of action in Delaware

19 January 2007

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Quadrant Structured Prods. Co. v. Vertin, C.A. No. 6990-VCL (Del. Ch. Oct. 20, 2015) (Laster, V.C.)

20 October 2015

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Court of Chancery determines that advancement claim is a general creditor claim

05 August 2015

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Do equities militate against restrictions barring petition for dissolution?

01 July 2015

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Can creditors directly sue company directors for breaches of fiduciary duties? The Delaware Supreme Court says “no”

25 May 2007

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Delaware Supreme Court rules that creditors of a Delaware corporation cannot bring direct claims against directors for breach of fiduciary duty - but questions remain

29 June 2007

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Delaware Supreme Court rules against creditors’ ability to bring direct breach of fiduciary duty suits against directors of corporations which are insolvent or are in the zone of insolvency

27 July 2007

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