Hedge Fund Gets ‘Crumbs,’ Not ‘Cookies,’ In Delaware Ruling On Nonpublic Info

(November 21, 2023, 12:18 PM EST) -- WILMINGTON, Del. — Saying a hedge fund “only demonstrated its entitlement to a few crumbs,” a vice chancellor of the Delaware Chancery Court on Nov. 20 ruled that it is entitled to little of the nonpublic information it seeks on a captive reinsurer that issued dividends totaling approximately $1.2 billion....