Opinion 10.14.05

Vice Chancellor Lamb

Introduction +

Facts I

• Links Emergence From Bankruptcy I.A.
• The Plains Transaction I.B.
• Links Insolvency I.C.
• The Plaintiffs Allegations I.D.

Applicable Standard II.

Distinguishing Orban v Field III.

Analysis IV.

• The Companys Fiduciary Duty To Creditors IV.A.

• Business Judgment Presumption IV.B.

• Due Care IV.C.

Conclusion V.

Opinion 

Introduction  +

I.

• The Parties I.A.
• The Sale Of Link's Assets  I.B.

II.

IV.

V.

VI. Conclusion