Chancery Court Tosses Derivative Suit Over Loans to LLC

, Delaware Business Court Insider

   | 0 Comments

The Delaware Court of Chancery on April 14 dismissed a derivative lawsuit by a creditor of a limited liability company, who tried to dissolve the firm in connection with allegations that its managing members had defrauded lenders and drained the company's assets.

This premium content is reserved for Delaware Business Court Insider subscribers.

Continue reading by getting started with a subscription.

Already a subscriber? Log in now

What's being said

Comments are not moderated. To report offensive comments, click here.

Preparing comment abuse report for Article #1202783881960

Thank you!

This article's comments will be reviewed.