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Blue Chip Capital Fund II LP v. Tubergen, C.A. No. 1611-N, Lamb, V.C. (Del. Ch. Aug. 22, 2006)

Aug 22, 2006

Document: Blue Chip Capital Fund II LP v. Tubergen, C.A. No. 1611-N, Lamb, V.C. (Del. Ch. Aug. 22, 2006)

Breach of fiduciary duty claims against directors relating to the amount of a preference distribution were dismissed, where complaint asserted viable contractual claims based on the same transaction and the rights were essentially contractual.

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