A trial over yacht ownership and settlements to resolve proposed class action claims in the biotech and data center sectors are on the Delaware Chancery Court’s calendar this week.
Here are the highlights:
Monday: ATP Marin, Inc. v. Sentinel Global Partners USA, Inc., Del Ch., No. 2023-0415, trial 3/16/26.
At issue: Three yachts docked in Turkey are the subject of a trial before Vice Chancellor Bonnie W. David. The yachts were owned by an affiliate of a Turkish conglomerate seized by Turkey’s government in 2016 after its chairman, Hamdi Akin Ipek, was accused of financing the activities of the ...
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