Full case includes Shepard's, Headnotes, Legal Analytics from Lex Machina, and more.
906 A.2d 168 *; 2006 Del. Ch. LEXIS 139 **
TRENWICK AMERICA LITIGATION TRUST, Plaintiff, v. ERNST & YOUNG, L.L.P.; PRICEWATERHOUSECOOPERS, L.L.C.; BAKER & MCKENZIE L.L.P.; MILLMAN, INC.; JAMES F. BILLETT, JR.; STEPHEN H. BINET; ANTHONY S. BROWN; RICHARD E. COLE; ROBERT M. DEMICHELE; NEIL DUNN; PAUL FELDSHER; ROBERT A. GIAMBO; FRANK E. GRZELECKI; ALAN L. HUNTE; P. ANTHONY JACOBS; JAMES E. ROERTS; JOSEPH D. SARGENT; FREDERICK D. WATKINS; and STEPHEN R. WILCOX, Defendants.
Subsequent History: Affirmed by Trenwick Am. Litig. Trust v. Billett, 2007 Del. LEXIS 357 (Del., Aug. 14, 2007)
Disposition: The court granted the dismissal motion.
subsidiary, merger, insolvent, entity, advisors, acquisition, reorganization, holding company, cause of action, reinsurance, stockholders, allegations, estimates, restructuring, fails, wholly-owned, fiduciary duty, business strategy, complaint alleges, fraud claim, transferred, fraudulent, deepening, supporting facts, breach of fiduciary duty, reasons, fiduciary, options, pled, top
Business & Corporate Law, Management Duties & Liabilities, Fiduciary Duties, Duty to Third Parties, Causes of Action, Fraud & Misrepresentation, General Overview, Business Judgment Rule, Civil Procedure, Defenses, Demurrers & Objections, Motions to Dismiss, Failure to State Claim, Pleadings, Complaints, Requirements for Complaint, Bankruptcy Law, Examiners, Officers & Trustees, Duties & Functions, Capacities & Roles, Estate Property, Avoidance, Limitations on Trustee Powers, Duty of Good Faith, Heightened Pleading Requirements, Corporations, Corporate Formation, Torts, Fraud & Misrepresentation, Constructive Fraud, Elements, Fraudulent Transfers, Directors & Officers, Scope of Authority, Duty of Care, Duty of Loyalty, Reorganizations, Dissolution & Receivership, Evidence, Burdens of Proof, Allocation, Actual Fraud, Fraud Claims, Business Torts, Concerted Action, Civil Conspiracy, Nondisclosure, Causes of Action & Remedies, Breach of Fiduciary Duty, Multiple Defendants, Civil Aiding & Abetting, Malpractice & Professional Liability, Professional Services