The Delaware Court of Chancery granted a defense motion to stay a case over the valuation of stock and alleged breaches of fiduciary duty in favor of a first-filed complaint in Illinois, ruling under the McWane doctrine that the parties and issues in the two actions were identical and arose out of “the same nucleus of common fact.”
The Delaware court, however, retained jurisdiction over the case, should the foreign court be unwilling or unable to rule on the claims.
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