IN RE KRAFFT-MURPHY CO., INC.

No. 85, 2013.

82 A.3d 696 (2013)

In the Matter of KRAFFT-MURPHY COMPANY, INC, A Dissolved Delaware Corporation Robert F. Anderson, et al., Petitioners/Intervenors Below, Appellants, v. Krafft-Murphy Company, Inc, Respondent Below, Appellee.

Supreme Court of Delaware.

Decided: November 26, 2013.


Attorney(s) appearing for the Case

Raeann Warner and Jordan J. Perry, Esquires , Jacobs & Crumplar, P.A., Wilmington, Delaware; Jeffrey P. Wasserman, Esquire , Ciconte, Wasserman & Scerba, LLC, Wilmington, Delaware; Of Counsel: Jennifer L. Lilly, Esquire (argued), The Law Offices of Peter G. Angelos, P.C., Baltimore, Maryland; Daniel A. Brown and Eileen M. O'Brien, Esquires , Brown & Gould, LLP, Bethesda, Maryland, for Appellants.

Francis J. Murphy, Esquire , Murphy & Landon, Wilmington, Delaware; Of Counsel: Joseph L. Ruby, Esquire (argued), Lewis Baach PLLC, Washington, DC, for Appellee.

Before STEELE, Chief Justice, HOLLAND, BERGER, JACOBS, and, RIDGELY, Justices, constituting the Court en Banc.


JACOBS, Justice:

I. INTRODUCTION

This is an appeal from a judgment of the Court of Chancery in an action to appoint a receiver for Krafft-Murphy Company, Inc. (the "Corporation"), a dissolved Delaware corporation, under 8 Del. C. § 279. The Petitioners-Below/Appellants, who are tort claimants in lawsuits pending against the Corporation in other jurisdictions, seek the appointment of a receiver to enable them lawfully to pursue those claims...

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