Del. Clarifies Approach To Derivative Suits In Insolvency

Law360, New York ( October 14, 2014, 10:38 AM EDT) -- In Quadrant Structured Products Co. Ltd. v. Vertin (Oct. 1, 2014), Vice Chancellor J. Travis Laster clarified the Delaware Chancery Court's approach to breach of fiduciary duty derivative actions brought by creditors against the directors of an insolvent corporation....

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