City Investing Co. Liquidating Trust v. Continental Casualty Co.

Decided 1993-05-26

Cited by 163 later decision(s) in our corpus · see the citation network in Lexace

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From the opinion

WALSH, Justice: In this appeal from the Court of Chancery, we address the question of whether a dissolved corporation, which established a liquidating trust to administer its assets during a post-dissolution period, is subject to a claim asserted beyond the three-year period established under Section 278 of the General Corporation Law. The Court of Chancery determined that the…

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