Del. High Court Affirms $10M Win For Italiana Coke

By Erin Fuchs

Law360, New York (November 19, 2009, 5:37 PM ET) -- The Delaware Supreme Court has affirmed a $10 million default judgment for Italiana Coke SpA and Energy Coal SpA, which had enforced a settlement deal that ended the coal companies' fraud litigation against two energy investors.

Delaware's high court made the ruling Nov. 16, affirming the Delaware Chancery Court 's decision to hit Luca Minna and Laura Garrone with the hefty default judgment.

The trial court opted for the default judgment — further mandating that they pay more than $700,000 in attorneys' fees — after Minna...
To view the full article, take a free trial now.

Already a subscriber? Click here to login

You must correct or enter the following before you can submit this form:

All fields required

  5. Required

Only Law360 gives you:

Non-stop coverage of high-stakes litigation across 30 practices

Real-time tracking and reports on 10,000+ companies, firms and industries

Over 80,000 attorney profiles with neutral data collected from active lawsuits

Research tools to find cases, court documents, attorneys and companies

Customized feeds and alerts that can easily be shared with colleagues

In-depth expert analysis from high-profile attorneys at top firms

Access to our vault with over 75,000 original articles