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  2. United States District Court for the District of Delaware

    en.wikipedia.org/wiki/United_States_District...

    The Court sits in Wilmington. Because Delaware is the state of incorporation for most major U.S. corporations, the District of Delaware hears and tries many patent and other complex commercial disputes that must be heard in federal court for diversity of citizenship reasons, and hears many appeals from bankruptcy disputes which are filed with ...

  3. Business court - Wikipedia

    en.wikipedia.org/wiki/Business_court

    Randolph G. Rich, State Court of Gwinnett County Georgia Business Court, Metro Atlanta Business Case Division. Then State Court Judge Randy Rich implemented Gwinnett County's Business Court as a pilot program over 15 years ago, [270] and remained a Business Court judge in Gwinnett until that program became part of the Metro Atlanta Business ...

  4. Thomas L. Ambro - Wikipedia

    en.wikipedia.org/wiki/Thomas_L._Ambro

    After law school, he clerked for Chief Justice Daniel L. Herrmann of the Supreme Court of Delaware. Following his clerkship, he was in private practice in Wilmington, Delaware from 1976 to 2000 at the law firm of Richards, Layton & Finger. There he was a force behind Delaware's rise as a preferred venue for large Chapter 11 bankruptcy cases ...

  5. Insys Therapeutics - Wikipedia

    en.wikipedia.org/wiki/Insys_Therapeutics

    Insys filed for bankruptcy in Delaware Bankruptcy Court on June 10, 2019. Andrew Long, the company's CEO, claimed the company was struggling due to: 1) extensive litigation, and 2) declining revenues relating to its Subsys product. The bankruptcy filing came just 10 days after the company reached a settlement with the U.S. Justice Department.

  6. Lori W. Will - Wikipedia

    en.wikipedia.org/wiki/Lori_W._Will

    Will has presided over two influential cases involving SPACs.In January 2022, "in a case of first impression" under Delaware corporate law, she "held that the stockholders stated a plausible claim for breach of fiduciary duty, thus impairing stockholders' right to make an informed decision on whether to redeem their shares" in the de-SPAC transaction. [4]

  7. Asbestos bankruptcy trusts - Wikipedia

    en.wikipedia.org/wiki/Asbestos_bankruptcy_trusts

    Typically an asbestos plaintiff is exposed to a mixture of products during a thirty-year career in the building trades. It takes between twenty and fifty years from first exposure to the development of asbestos-caused cancer, so work histories, employment, military and social security records are used to help prove the plaintiff's exposure to various asbestos products throughout his or her career.