Ecuadorean Heiress Sues Family Over Share Dilution

Law360, New York (September 29, 2011, 6:28 PM EDT) -- An heiress to an Ecuadorean commercial real estate fortune on Wednesday filed a Delaware state court suit against her brothers and niece, saying they had looted her share of the family's business through share dilution and other fraudulent maneuvers.

Vivian Czarninski Baier de Adler sued Johny Jacobo Czarninski Baier, Danny David Czarninski Baier, Taly Czarninski Shefi de Schwartz and four companies referred to as the "Delaware LLCs," saying they had reduced her stake in Corporacion El Rosado SA, the supermarket and shopping mall group formed by...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.