Delaware Bankruptcy Law
 

In re: Boy Scots of America and Delaware BSA, LLC

Wilmington, Delaware person injury and bankruptcy lawyers represented the creditors in the Boy Scots of America bankruptcy.

The ranks of the Boy Scouts of America’s ranks has had a history of sexual abuse. For decades, that abuse permeated scouting programs, ranging from single instances of harassment to serial offenses of sexual penetration. In recent years, more and more brave victims... More...
   $0 (05-23-2025 - DE)

United States of America v. Connections Community Support Programs, Inc.

Wilmington, DE: False Claims Act Qui Tam lawyers represented the United States claiming that Connections Community Support Programs, Inc. alleging health care fraud arising under the federal False Claims Act and violations of the Controlled Substances Act. Prior to the sale of its assets in bankruptcy, CCSP provided a variety of mental health and addiction treatment services at numerous locations... More...    $15000000 (09-02-2021 - DE)

United States of America v. Carl Chen




Wilmington, DE - Delaware Businessman Sentenced to Federal Prison In Multi-Million Dollar Ponzi Scheme

Carl Chen, owner of Chenmax Properties, Inc., a Delaware Real Estate Investment Trust, and part-owner of Re/Max Sunvest Realty Co., was sentenced today in federal court in... More...
   $0 (08-23-2019 - DE)

United States of America v. Joseph L. Capano

Wilmington, DE - Delaware Real Estate Developer Sentenced To 21 Months For Bank Fraud and Environmental Violation

Joseph L. Capano, age 75, of Middletown, Delaware, was sentenced to 21 months of incarceration followed by 12 months of home confinement, after pleading guilty in March 2016 to one count of bank fraud and one count of knowingly violating the Clean Water Act. Capano was also or... More...
   $0 (10-12-2016 - DE)

In Re: Trump Entertainment Resorts

The facts giving rise to this appeal are undisputed. The Debtors own and operate the Trump Taj Mahal casino in Atlantic City, New Jersey. The casino employs 2,953 employees, 1,467 of whom are unionized. UNITE HERE Local 54 is the largest of the employee unions, representing 1,136 employees. The most recent CBA between the Union and Taj Mahal was negotiated in 2011 for a three-year term. It co... More...    $0 (04-03-2016 - DE)

Palisades Collection, LLC, et al. v. Unifund CCR Partners, et al.

The Palisades Parties and the Unifund Parties had a long-standing, continuous and
ongoing relationship. Pursuant to a Master Servicing Agreement, executed on May 28, 2003 (as
amended and restated, the “MSA”), the Palisades Parties purchased certain portfolios of
uncollected consumer debt, retained Unifund to service the portfolios for a Base Fee, and the
parties shared the pro... More...
   $0 (11-03-2015 - DE)

Revolution Retail Systems, LLC v. Sentinel Technologies, Inc.

In 2011, Vector proposed a term sheet to acquire Tidel and its subsidiary,
Revolution. Tidel‟s majority stockholder, however, had high expectations for
Revolution‟s business prospects, and Tidel‟s Board rejected Vector‟s offer. Vector later
offered to acquire only Tidel, which Tidel accepted. Tidel and Revolution formally were
separated into two indep... More...
   $0 (11-01-2015 - DE)

Finger Lakes Capital Partners, LLC v. Honeoye Lake Acquisition, LLC, et al

Plaintiff Finger Lakes Capital Partners, LLC (“Finger Lakes”) is a small and
struggling asset management firm. Over the course of a decade, Finger Lakes sponsored
investments in five portfolio companies. Each time, Finger Lakes formed a different
Delaware limited liability company as a special purpose vehicle for the investment.
Non-party Lyrical Partners, L.P. (“Lyrical”) is a... More...
   $0 (10-27-2015 - DE)

Quadrant Structured Products Company, Ltd. v. Vertin, et al.

A five-day trial took place on June 22-25 and 30, 2015. The parties submitted over
900 exhibits, called six fact witnesses and five expert witnesses, and lodged twenty-three
depositions. The following facts were proven by a preponderance of the evidence.
Quadrant principally challenged Athilon’s payments of allegedly excessive service and licensing fees to an affiliate of Merced, as... More...
   $0 (10-20-2015 - DE)

In re: ICL HOLDING COMPANY, INC., et al.

At the start of 2012, LifeCare Holdings, Inc. (“LifeCare”),1 once a leading operator of long-term acute care hospitals, was struggling financially. Management blamed its condition on Hurricane Katrina’s destruction of three of the company’s facilities and growth-stunting federal regulations that followed the 2005 natural disaster. Because of the weight of its debt load ($484 million, of which ap... More...    $0 (09-27-2015 - DE)

Deutsche Bank National Trust Company v. Helene Hines, Jeffrey Hines, and George Edward Kennedy

The background of this case is lengthy and somewhat complicated. On June
7, 2004, Defendant Helene Hines conveyed real property located at 302 S. Ocean
Drive, South Bethany, Delaware (hereinafter “the Property”), to Villa Oceana,
LLC.4 Thereafter, by deed dated February 25, 2005, Villa Oceana, LLC conveyed
the Property to Defendants Jeffrey Hines and Helene Hines as tenants ... More...
   $0 (09-18-2015 - DE)

Carlyle Investment Management Group, LLC, et al. v. Moonmouth Company S.A., et al.

Non-party Carlyle Capital Corporation, Ltd. (“CCC”) was a limited company
organized under the laws of the Island of Guernsey, Channel Islands in August 2006
The facts are drawn from the allegations in the plaintiffs‟ First Amended Verified Complaint (the “Complaint”), which are assumed true for purposes of the defendants‟ motion to dismiss, as well as documents integral to th... More...
   $0 (09-14-2015 - DE)

Edwin Aguero Jimenez v. Dole Food Company, Inc.

The “first-filed rule” is a well-established policy of the federal courts that “[i]n all cases of concurrent jurisdiction, the court which first has possession of the subject must decide it.” Smith v. McIver, 22 U.S. (9 Wheat) 532, 535 (1824). This rule permits the district courts, in their discretion, to stay, transfer or dismiss cases that are duplicates of those brought previously in other fede... More...    $0 (08-11-2015 - DE)

SHAUN ANDRIKOPOULOS and MICHAEL A. SANTER v. SILICON VALLEY INNOVATION COMPANY, LLC,

The main dispute between the parties is the narrow, but previously unanswered
legal question of whether, in the context of a receivership estate under Delaware law,
advancement claims are administrative expenses or unsecured creditor claims. If
Plaintiffs’ claims are entitled to some sort of priority, there is an even narrower sub-issue
of whether the Receiver’s salary and exp... More...
   $0 (07-30-2015 - de)

Longpath Capital, LLC v. Ramtron International Corporation

In this appraisal action, the petitioner asks the Court to determine the fair value of
its shares in the respondent. On November 10, 2012, a third party acquired the
respondent in a hostile cash merger for $3.10 per share. The deal had an equity value of
approximately $110 million and paid a 71% premium over the respondent‘s unaffected
stock price of $1.81.
The petitioner acq... More...
   $0 (06-30-2015 - DE)

Emak Worldwide, Inc. v. Donald A. Kurz

Delaware law rewards plaintiffs’ attorneys who provide a benefit to a Delaware corporation, even if the benefit does not produce immediate monetary rewards. Preserving shareholder voting rights, for example, produces a nonmonetary benefit. The Vice Chancellor made an interim fee award of $2.5 million to plaintiff’s attorneys, after the Court of Chancery’s decision in Kurz v. Holbrook2 and ou... More...    $0 (04-17-2012 - DE)

Reserves Development, L.L.C. v. Crystal Properties, L.L.C.

In this second appeal from the Superior Court, Reserves1 seeks a reversal of the trial judge’s reduction in damages awarded to Reserves for breach of contract and misrepresentation. Reserves argues that the trial judge erred when he offset damages based on conclusions that were unsupported by the record and the product of an illogical deductive process. With the exception of the offset of $5,461... More...    $0 (11-04-2009 - DE)

Alex Tse, et al. v. Ventana Medical Systems, Inc., et al.

The plaintiffs, former shareholders of Biotek Solutions, Inc., ("Biotek"), appeal the District Court's order granting summary judgment for the defendants, Ventana Medical Systems, Inc. ("Ventana"), and Jack Schuler and John Patience, two of Ventana's officers, in this securities action brought pursuant to S 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. S 78j(b), S.E.C. ... More...    $0 (07-12-2002 - DE)

Fairchild Aircraft, Inc. v. Clemence Michaud, et al.

Plaintiffs’ husbands were the pilot and co-pilot, respectively, of a plane that crashed shortly after takeoff on June 18, 1998 near Montreal. Everyone on board died. Plaintiffs filed suit against FAI and others. Plaintiffs alleged that the brake assemblies in the plane overheated, which caused an explosion in the plane and resulted in the crash. As to FAI specifically, Plaintiffs allege... More...    $0 (01-11-2002 - DE)

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AK Morlan
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