'Mixed Bag' Chancery Ruling Keeps Utah Mine Suit Alive

By Jeff Montgomery (July 29, 2021, 7:05 PM EDT) -- In what he called a "mixed bag" ruling, a Delaware vice chancellor moved toward trial some counterclaims in a sprawling Chancery Court battle over an alleged international loan-to-own scheme dating to 2013 and focused on a $600 million Utah copper mine.

In a 60-page opinion filed late Wednesday, Vice Chancellor Joseph R. Slights III said that much of the case filed by Sky Mineral Partners LLC and its equity investors landed too late to survive under statutes of limitations, but some counts survived.

Retained counterclaims included one party's tortious interference with a contract allegation and others tied to claims that minority...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!