Earlier this week, the Chancery Court issued its decision in Enhabit, Inc. v. Nautic Partners IX, L.P. (Del. Ch.; 12/24), a case involving breach of fiduciary duty and aiding and abetting claims arising out of a former executive of Encompass Health’s usurpation of corporate acquisition opportunities. While Vice Chancellor Will found the defendants engaged in misconduct, the […]
Remedies: Del. Chancery Imposes Constructive Trust Hitting PE Funds Right in the Wallet