2 Lose By Default In Suit Alleging Hijack Of Biosciences Co.
By Jeff Montgomery ( August 17, 2023, 9:53 PM EDT) -- A private equity firm and a former CEO of Global Discovery Biosciences Corp. were hit with default judgments in Delaware Chancery Court on Thursday for alleged roles in a multimillion-dollar scheme to steal Global and its trade secrets and foil recovery through a fraudulent bankruptcy....
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