PHP LIQUIDATING, LLC v. Robbins
District Court, D. Delaware
1Opinion of the Court
MEMORANDUM OPINION
FARNAN, District Judge.
Currently before the Court are motions to dismiss the instant adversary proceeding. For the reasons discussed below, the Court will grant the motions to dismiss.
I. BACKGROUND
A. Procedural History
Plaintiff, PHP Liquidating LLC (“PHP LLC”), originally filed a Complaint (D.I. 7; B/D.I. 1) 1 in the United States Bankruptcy Court for the District of Delaware against numerous individuals and entities who allegedly sold PHP Healthcare Corporation (“PHP Corporation”) common stock at a time when PHP Corporation was repurchasing its shares on the open market. In…
2Cases cited10 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
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- St. Paul Fire and Marine Insurance Company v. Pepsico, Inc., Pepsico, Inc., Third-Party v. Banner Industries, Inc., Third-PartyCourt of Appeals for the Second Circuit · 1989
- Askanase v. FatjoCourt of Appeals for the Fifth Circuit · 1997
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