Court of Chancery of Delaware

In a case involving allegations of corporate and directorial breaches of the duty of loyalty and fiduciary duties, defendants' motion to dismiss is in large part denied over defendants' claims: 1) that the claims in the complaint relating to payments made to a company were time-barred; and 2) that none of the claims in the complaint were viable as a matter of law.

Appellate Information

• Decided 06/21/2006
• Published 07/05/2006

Judges

Court

• Court of Chancery of Delaware

Counsel

• For Appellant:
  
• Stuart M. Grant, Esquire, Cynthia A. Calder, Esquire, Grant & Eisenhofer, P.A., Wilmington, Delaware, Attorneys for Plaintiff.


• For Appellees:
  
• Edward P. Welch, Esquire, Edward B. Micheletti, Esquire, Skadden, Arps, Slate, Meagher & Flom LLP, Wilmington, Delaware;  Nicholas A. Gravante, Jr., Esquire, Steven I. Froot, Esquire, Boies, Schiller & Flexner LLP, New York, New York;  David Boies, Esquire Boies, Schiller & Flexner, LLP, Armonk, New York;  Attorneys for Defendants Maurice R. Greenberg and Edward E. Matthews., Kurt M. Heyman, Esquire, Patricia L. Enerio, Esquire, Proctor Heyman LLP, Wilmington, Delaware;  Vincent A. Sama, Esquire, Eric M. Robinson Esquire, Winston & Strawn LLP, New York, New York;  Attorneys for Defendant Howard I. Smith., Andre G. Bouchard, Esquire, Joel Friedlander, Esquire, James G. McMillan, III, Esquire, Bouchard Margules & Friedlander, P.A., Wilmington, Delaware, Attorneys for Defendant C.V. Starr & Co., Inc.