Chancery Imposes Contempt Penalties for Non-Compliance with Injunction

Short summary

A Delaware Chancery decision in Global Capital Partners v. Green Sapphire Holdings outlines the framework for civil contempt when parties fail to comply with injunctions or judgments. Key points include that directors, officers, and employees are bound by judgments against their corporation, exceptions to bankruptcy automatic stays, and the scope of anti-suit injunctions. The court also awarded fees for non-compliance.

• •Directors, officers, and employees are bound by judgments against their corporation
• •Decision covers civil contempt standard, bankruptcy stay exceptions, and anti-suit injunction scope
• •Fee awards available for failure to comply with court orders

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