PRINCIPAL GROWTH STRATEGIES v. AGH PARENT

C.A. No. 2019-0431-JTL.

288 A.3d 1138 (2023)

PRINCIPAL GROWTH STRATEGIES, LLC, et al., Plaintiffs, v. AGH PARENT LLC, et al., Defendants.

Court of Chancery of Delaware.

Decided: January 9, 2023.


Attorney(s) appearing for the Case

Brett D. Fallon , FAEGRE DRINKER BIDDLE & REATH LLP, Wilmington, Delaware; Warren E. Gluck , Richard A. Bixter, Jr. , HOLLAND & KNIGHT LLP, New York, New York; Attorneys for Plaintiffs.

R. Craig Martin , Amy Evans , DLA PIPER LLP (US), Wilmington, Delaware; Ellen E. Dew , DLA PIPER LLP (US), Baltimore, Maryland; Aidan M. McCormack , R. Brian Seibert , Steven M. Rosato , DLA PIPER LLP (US), New York, New York; Attorneys for Defendants Senior Health Insurance Company of Pennsylvania (in Rehabilitation) and Fuzion Analytics, Inc.


OPINION

A Pennsylvania-domiciled insurance company is in rehabilitation under the jurisdiction of a Pennsylvania court. A management company that is a wholly owned subsidiary of the Pennsylvania-domiciled insurance company is not part of the rehabilitation proceeding. The plaintiffs have sued the insurance company and the...

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