Delaware Court Hears Arguments Over Appointment Of Receiver For Dissolved Company

Delaware Court Hears Arguments Over Appointment Of Receiver For Dissolved Company

WILMINGTON, Del. - The Delaware Supreme Court on Aug. 21 heard oral arguments on whether a judge erred by not appointing a receiver to handle the undistributed insurance proceeds of a dissolved corporation based on asbestos plaintiffs' inability to prevail in actions against it (Anderson v. Krafft-Murphy Co., No. 85,2013, Del. Sup.).

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