A Delaware Supreme Court ruling against a defunct hedge fund affiliated with the Perot Family Trust will make it easier for hedge fund investors to investigate legal claims against closed hedge funds.
The court’s Aug. 12 en banc ruling in Parkcentral Global L.P. v. Brown Investment Management L.P. affirmed a May 11 Delaware Court of Chancery ruling. In the lower court, Vice Chancellor Travis Laster ordered defunct hedge fund Parkcentral to give Brown Investment the names and addresses of the fund’s other limited partners.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]