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DE Chancery Court Appoints Custodian for Deadlocked Corporation
Practical Law Legal Update 2-385-0657 (Approx. 3 pages)
DE Chancery Court Appoints Custodian for Deadlocked Corporation
by PLC Corporate & Securities
| Published on 23 Feb 2009 • Delaware, USA (National/Federal) |
An update on the Delaware Chancery Court's appointment of a custodian for a corporation owned 50/50. The appointment was pursuant to Section 226 of the Delaware General Corporation Law.