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State Courts -
Delaware - August 4, 2003
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Anglo Am. Sec. Fund, L.P. v. S.R. Global Int'l Fund, L.P., C.A. No. 20066-NC,
COURT OF CHANCERY OF DELAWARE, NEW CASTLE, August 4, 2003, Decided
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Overview: Where a general partner of a limited partnership investment fund withdrew monies from fund, direct claims made by limited partners that had subsequently withdrawn from fund were permitted, as they were the ones directly injured by alleged actions.
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Great Am. Assur. Co. v. Fisher Controls Int'l, Inc., C.A. No. 02C-05-168 JRS,
SUPERIOR COURT OF DELAWARE, NEW CASTLE, August 4, 2003, Decided
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Overview: Although anti-subrogation rule prohibited insurer from directly suing third-party defendant, an "insured," for its role in causing a fire, the rule did not preclude claims by third-party plaintiffs for contribution against the third-party defendant.
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