The Court dismissed for failure to state a claim, a suit for liquidation distributions against a former stockholder in a corporation that was determined to have environmental liability after the corporation’s dissolution where the claims were not brought within three years of the dissolution of the corporation.
The Territory of the U.S. Virgin Islands v. Goldman, Sachs & Co., C.A. No. 2505-VCS, Strine, V.C. (Del. Ch. Dec. 20, 2007)
Dec 20, 2007