NAF Holdings, LLC v. Li & Fund (Trading) Limited
NAF Holdings, LLC v. Li & Fund (Trading) Limited, 13-830
In a dispute arising out of a merger, and in light of Delaware Supreme Court’s answer to a certified question that plaintiff was not required to bring its breach of contract claim as a derivative action, the district court’s grant of summary judgment in favor defendant is vacated where plaintiff is not barred from pursuing its claim directly.
- Decided 09/04/2015
- Published 09/04/2015
- United States Second Circuit