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DEUTSCH v. ZST DIGITAL NETWORKS, INC.

C.A. No. 8014-VCL.

PETER E. DEUTSCH, Plaintiff, v. ZST DIGITAL NETWORKS, INC., Defendant.

Court of Chancery of Delaware.

Decided: June 14, 2018.

Attorney(s) appearing for the Case

Theodore A. Kittila , James G. McMillan, III , HALLORAN FARKAS + KITTILA LLP, Wilmington, Delaware; David Graff , ROBINS KAPLAN LLP, New York, New York; Attorneys for Receiver Robert W. Seiden.

David L. Finger , FINGER & SLANINA, LLC, Wilmington, Delaware; Attorney for Non-parties Bo Zhong and Lin Zhong.

MEMORANDUM OPINION

ZST Digital Networks, Inc. (the "Company") is a Delaware corporation which, through three intermediate holding companies, owns an operating company that does business in China and is organized under Chinese law. The Company raised capital by accessing the public markets in the United States. It has since...

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