Trenwick America v. Billett, et al.

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IN THE SUPREME COURT OF THE STATE OF DELAWARE TRENWICK AMERICA LITIGATION TRUST, § § § Plaintiff Below, § Appellant, § § v. § § JAMES F. BILLETT, JR., STEPHEN § H. BINET, ANTHONY S. BROWN, § RICHARD E. COLE, ROBERT M. § DEMICHELE, NEIL DUNN, PAUL § FELDSHER, ROBERT A. GIAMBO, § FRANK E. GRZELECKI, ALAN L. § HUNTE, P. ANTHONY JACOBS, § JAMES E. ROBERTS, JOSEPH § D. SARGENT, FREDERICK D. § WATKINS, and STEPHEN R. § WILCOX, § § Defendants Below, § Appellees. § No. 495, 2006 Court Below Court of Chancery of the State of Delaware, in and for New Castle County C.A. No. 1571 Submitted: June 27, 2007 Decided: August 14, 2007 ORDER Before STEELE, Chief Justice, HOLLAND, BERGER, JACOBS, and RIDGELY, Justices, constituting the Court en Banc. This 14th day of August 2007, the Court, having considered this matter after oral argument and on the briefs and supplemental memoranda filed by the parties, has determined that the final judgment of the Court of Chancery should be affirmed on the basis of and for the reasons assigned by the Court of Chancery in its opinion dated August 10, 2006.1 NOW, THEREFORE, IT IS HEREBY ORDERED that the judgment of the Court of Chancery be, and the same hereby is, AFFIRMED. BY THE COURT: /s/ Randy J. Holland Justice 1 Trenwick America Litig, Trust v. Ernst & Young, L.L.P., 906 A.2d 168 (Del. Ch. 2006). Accord North American Catholic Educational Programming Foundation, Inc. v. Gheewalla, 2007 WL 1453705 (Del. Supr. 2007). 2

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