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Barry M. Klayman and Mark E. Felger Barry M. Klayman and Mark E. Felger

A recent report submitted by Master in Chancery Patricia W. Griffin serves as a good reminder of some basic principles in a field not often the focus of Chancery cases. In Cache Private Capital Diversified Fund v. Cove at Sandy Landing, C.A. No. 12511-MG (Del. Ch, Jan. 17, 2019) (Final Report), Griffin recommended that the Court of Chancery grant a creditor’s motion for summary judgment and order the entry of personal and in rem judgments against its debtors based on a finding that the undisputed facts gave rise to an enforceable equitable mortgage.

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