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    Delaware Court Orders Sale of Solvent Company’s Stock Despite Shareholder Objections
    24 April 2017

    Delaware General Corporate Law § 226 (the “Custodian Statute”) bestows the Delaware Court of Chancery with the power to appoint a custodian for solvent companies and receivers for insolvent companies in certain circumstances. See 8 Del. C. § 226.

    USA, Delaware, Insolvency & Restructuring, Cole Schotz PC, Shareholder, Delaware Court of Chancery, Delaware Supreme Court

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