Rosenbloom v. Esso Virgin Islands, Inc.
Supreme Court of Delaware
1Opinion of the Court
DEL PESCO, Judge:
In this appeal from the Court of Chancery we address two issues. The first is whether the Court of Chancery acted within its authority in establishing a successor trust to succeed a liquidating trust which was about to expire on its own terms. The liquidating trust was established to administer the assets of a corporation dissolved in 1985 against which a variety of environmental claims — not asserted until after dissolution — remained pending against the corporation, predecessor corporations, the liquidating trust, and the beneficiaries of the liquidating trust.
The second…
2Cases cited14 opinions
- City Investing Co. Liquidating Trust v. Continental Casualty Co.Supreme Court of Delaware · 1993
- Gilbert v. El Paso Co.Supreme Court of Delaware · 1990
- Tippins Incorporated v. Usx CorporationCourt of Appeals for the Third Circuit · 1994
- In Re: The Duplan CorporationCourt of Appeals for the First Circuit · 2000
- Yiannatsis v. Stephanis Ex Rel. SterianouSupreme Court of Delaware · 1995
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3Cited by6 opinions
- Schoon v. SmithSupreme Court of Delaware · 2008
- Marsh v. RosenbloomCourt of Appeals for the Second Circuit · 2007
- Territory of the United States Virgin Islands v. Goldman, Sachs & Co.Court of Chancery of Delaware · 2007
- In Re Reinz Wisonsin Gasket, LLCCourt of Chancery of Delaware · 2023
- Marsh v. New YorkCourt of Appeals for the Second Circuit · 2007
1 more not listed; retrieve them via the Exa API.