Legal Opinion
Production Resources Group, L.L.C. v. NCT Group, Inc.
Court of Chancery of Delaware
Decided November 17, 2004No. C.A. 114-NPublishedCited by 146 opinions
1Opinion of the Court
OPINION
STRINE, Vice Chancellor.
Plaintiff Production Resources Group, L.L.C. (“PRG”) has been trying to collect a debt from defendant NCT Group, Inc. since 1999. PRG sought and obtained a judgment against NCT for approximately $2,000,000, plus interest, in the Connecticut court system. But PRG has been unsuccessful in collecting on the judgment, despite continuing legal proceedings in Connecticut to compel payment.
In the meantime, however, NCT continues to operate. The means by which it does so are unusual. NCT’s primary creditor, Carole Salkind, is the wife of a former NCT director and…
2Cases cited36 opinions
- Securities & Exchange Commission v. Chenery Corp.Supreme Court of the United States · 1943
- Aronson v. LewisSupreme Court of Delaware · 1984
- Tooley v. Donaldson, Lufkin, & Jenrette, Inc.Supreme Court of Delaware · 2004
- In Re Caremark International Inc. Derivative LitigationCourt of Chancery of Delaware · 1996
- Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc.Supreme Court of Delaware · 1986
31 more not listed; retrieve them via the Exa API.
3Cited by146 opinions
- In Re Teleglobe Communications Corp.Court of Appeals for the Third Circuit · 2007
- North American Catholic Educational Programming Foundation, Inc. v. GheewallaSupreme Court of Delaware · 2007
- In Re Walt Disney Co. Derivative LitigationCourt of Chancery of Delaware · 2005
- Leal v. MeeksSupreme Court of Delaware · 2015
- In re Trados Inc. Shareholder LitigationCourt of Chancery of Delaware · 2013
141 more not listed; retrieve them via the Exa API.