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Virtus Capital L.P. v. Eastman Chemical Co. et al., C.A. No. 9808-VCL ...

2015-03-21 02:17:31| Chemicals - Topix.net

Virtus Capital L.P. v. Eastman Chemical Co. et al., C.A. No. 9808-VCL In this decision, the Court of Chancery denied a motion to dismiss for lack of personal jurisdiction brought by an individual that controlled the majority stockholders of a Delaware corporation, holding that the complaint sufficiently alleged acts in Delaware in connection with the sale of the corporation that could be attributed to the individual under a conspiracy theory of jurisdiction.

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