Cyrulnik Fattaruso LLP clients Skye Mineral Investors, LLC, Clarity Copper, LLC and Skye Mineral Partners, LLC and their principals secured a $49.5 million settlement from international conglomerate Lippo China Resources LTD and its subsidiaries (the “Lippo Group”), related to the Lippo Group’s conduct as a controlling minority shareholder of a Utah copper mine. CF brought the case to the eve of trial in the Delaware Court of Chancery before the case settled, led by Jason Cyrulnik, Paul Fattaruso, and Matthew Henken.
Skye Mineral: Minority Investor “Blocking Rights” and Actual Control
LIPPO LIMITED and LIPPO CHINA RESOURCES LIMITED – UPDATED JOINT ANNOUNCEMENT