Chancery Defers Settlement To Ponder Control Challenges

By Leslie A. Pappas (February 22, 2024, 9:52 PM EST) -- Hopes for a quick end to litigation between a Texas-based insurance provider and a stockholder who sued over disproportionate insider control slipped away at a hearing in Wilmington, Delaware, Thursday after the presiding judge demanded to know how related Chancery Court litigation might affect a proposed settlement....

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