In National Industries Group (Holding) v. Carlyle Investment Management LLC, __ A.3d __, 2013 Del. LEXIS 253 (Del. May 29, 2013), the Delaware Supreme Court addressed arguably inconsistent precedents and clarified that the Chancery Court has subject-matter jurisdiction to enter an anti-suit injunction based on a valid forum-selection clause.
NIG files SUit in Kuwaiti Court
In December 2006, Kuwait-based National Industries Group (Holding) entered into a subscription agreement with Carlyle Capital Corporation Ltd. (CCC), a Guernsey investment fund organized by Carlyle Investment Management LLC. CCC subsequently entered liquidation, and in September 2009, CCC's liquidator informed investors that their investments had likely been lost.
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