NEW YORK--(BUSINESS WIRE)--Aug. 18, 2006--Laddcap Value Partners LP today announced that it issued the following letter to Delcath (Nasdaq: DCTH) stockholders on or about August 18, 2006 asking for their written consent to remove and replace Delcath’s current Board of Directors with the slate of experienced nominees who will work diligently to advance Delcath’s technology and expand stockholder value in the near and long-term.