Grand Aquisition, LLC v. Passco Indian Springs DST

IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE GRAND ACQUISITION, LLC, ) ) Plaintiff, ) ) v. ) C.A. No. 12003-VCMR ) PASSCO INDIAN SPRINGS DST, ) a Delaware Statutory Trust Company, ) ) Defendant. ) OPINION Date Submitted: June 30, 2016 Date Decided: August 26, 2016 Date Revised: September 7, 2016 R. Karl Hill, SEITZ, VAN OGTROP & GREEN, P.A., Wilmington, Delaware; Attorney for Plaintiff. John L. Reed, Ethan H. Townsend, and Harrison S. Carpenter, DLA PIPER LLP, Wilmington, Delaware; Attorneys for Defendant. MONTGOMERY-REEVES, Vice Chancellor. In this action, a beneficial owner of a…