The Honorable Karen Weldin Stewart, CIR-ML, Insurance Commissioner v. Wilmington Trust SP Services, Inc.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that the auditor defendants played a \gatekeeper\ role
• finding that a plaintiff‟s delay in bringing an action was not unreasonable for laches purposes when that delay was occasioned by a substantial amount of litigation activity in a related action
• using IAC test and declining to apply statute of limitations to fiduciary duty, contract, and negligence claims seeking damages
• denying motion to dismiss by director who “went along without raising a peep” with a “fraudulent scheme year after year”
• declining 4 to dismiss aiding and abetting claim against outside auditor 5 because Delaware’s fiduciary duty exception to in pari delicto 6 covered this claim
• finding no unreasonable delay where it was “reasonable to infer that investigation [for the complaint] took a considerable amount of time because of its factual complexity rather than delay”

Source: CourtListener parenthetical corpus (CC0).