Catching Up With Delaware's Chancery Court
By Sydney Price and Jeff Montgomery
Last week at the Delaware Court of Chancery, a bankruptcy administrator for a generic drugmaker formerly known as Teligent was told he can proceed with duty of oversight claims against most former officers and directors of the company, who the administrator said was complicit in the company's collapse. In an opinion, the Court of Chancery cites its 1996 decision In re Caremark International Inc. Derivative Litigation, which refined director duties of care and oversight.
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WOMEN IN LAW REPORT
DIVERSITY SNAPSHOT
REGIONAL POWERHOUSES
Delaware Powerhouse: Pachulski Stang
By Vince Sullivan
The robust roster of seasoned bankruptcy professionals at Pachulski Stang has kept it on the leading edge of Delaware's insolvency industry as it continues to represent an array of clients, including debtors Yellow Corp., Sientra Inc. and Synthego Corp., and creditors for Village Roadshow, Weight Watchers and 99 Cents Only.
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EXPERT ANALYSIS
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