Legal Opinion
Andrikopoulos v. Silicon Valley Innovation Co.
Court of Chancery of Delaware
Decided July 30, 2015No. CA 9899-VCPPublishedCited by 3 opinions
1Opinion of the Court
OPINION
PARSONS, Vice Chancellor.
This is an advancement case, albeit in the unusual context of a receivership. In a related case, on January 21, 2013, I appointed Bram Portnoy to be the Receiver of Silicon Valley Innovation Company, LLC (“SVIC” or the “Company”). 1 SVIC’s only assets are contingent claims against the Company’s former officers and directors. Among the many cases filed by the Receiver were two in California in late 2013 and early 2014 that later were consolidated in the Superior Court for Los Ange-les County. Two of the defendants in that action are the plaintiffs in this case:…
2Cases cited14 opinions
- Homestore, Inc. v. TafeenSupreme Court of Delaware · 2005
- Hibbert v. Hollywood Park, Inc.Supreme Court of Delaware · 1983
- Danenberg v. Fitracks, Inc.Court of Chancery of Delaware · 2012
- Matter of Baldwin-United Corp.District Court, S.D. Ohio · 1984
- Advanced Mining Systems, Inc. v. FrickeCourt of Chancery of Delaware · 1992
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3Cited by3 opinions
- Agspring Holdco, LLC v. NGP X US Holdings, L.P.Court of Chancery of Delaware · 2022
- Andrikopoulos v. Silicon Valley Innovation Company, LLCSupreme Court of Delaware · 2016
- Securities and Exchange Commission v. BKCoin Management, LLCDistrict Court, S.D. Florida · 2024