January 2001

Uniholdings Favorably Settles Commercial Lawsuit

Europe - Belgium | United States - Delaware

Uniholdings and its Belgian principal very favorably settled allegations of breach of fiduciary duty and fraudulent transfers in connection with corporate transfers brought by Grace Brothers, an investment fund, in Delaware Chancery Court. Faegre Baker Daniels successfully defended a motion to dismiss before negotiating the settlement for Uniholdings.

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