Fracking Companies:  Financial Agents’ Deal Making Violated Contract, Trade Secrets

(June 30, 2020, 7:51 AM EDT) -- WILMINGTON, Del. — Hydraulic fracturing companies sued financial services providers in the Delaware Chancery Court on June 9, contending that they violated their fiduciary and contractual duties and numerous state laws governing trade secrets when they commingled funds and engaged in transactions outside the scope of the agreement they had entered (Lone Pine Resources LP, et al. v. William S. Dickey, et al., No. 2020-0450, Del. Chanc.)....

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