Delaware

Delaware’s Chancery Fast-Tracks UpHealth Board Dispute – Law360

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2 years ago

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By Leslie A. Pappas (June 9, 2022, 3:47 PM EDT) — The Delaware Chancery Court docket has fast-tracked a dispute between the 2 board co-chairs of telehealth providers supplier UpHealth Inc., lower than a yr after they took on the shared function when the corporate went public through a three-way $1.35 billion reverse merger.

UpHealth’s co-founder and board co-chair Chirinjeev Kathuria and the corporate’s Chief Legislative Affairs Officer Jeffrey R. Bray filed the swimsuit underneath seal on June 6 towards board co-chair Avi Katz and 5 of the corporate’s nine-member board, looking for to enjoin the corporate’s annual assembly and schedule a particular stockholder assembly.

Vice Chancellor Lori W. Will on Wednesday granted the…

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