Publication Date: 2022-10-11
Practice Area: Corporate Governance
Industry: Technology Media and Telecom
Court: Court of Chancery
Judge: Vice Chancellor Laster
Attorneys: For plaintiff: Steven P. Wood, Andrew S. Dupre, Brian R. Lemon, Sarah E. Delia, Stephanie H. Dallaire, Travis J. Ferguson, McCarter & English, LLP, Wilmington, DE for plaintiff.
for defendant: Jenness E. Parker, Bonnie W. David, Lilianna Anh P. Townsend, Trevor T. Nielsen, Skadden, Arps, Slate, Meagher & Flom LLP, Wilmington, DE; Eben P. Colby, Marley Ann Brumme, Skadden, Arps, Slate, Meagher & Flom LLP, Boston, MA for defendant.
Case Number: 2020-0766-JTL
Secured creditor's motion to modify injunction requiring the return of assets to debtor denied where transferee had no legal right to title to the assets, and debtor was entitled to the assets to satisfy its secured debts.