Publication Date: 2021-06-23
Practice Area: Corporate Governance
Industry: Investments and Investment Advisory
Court: Court of Chancery
Judge: Chancellor McCormick
Attorneys: For plaintiff: Peter B. Andrews, Craig J. Springer, Jessica Zeldin, David M. Sborz, Andrews & Springer LLC, Wilmington, DE; Gregory V. Varallo, Bernstein Litowitz Berger & Grossman LLP, Wilmington, DE; Mark Lebovitch, Da-vid Wales, Andrew Blumberg, Bernstein Litowitz Berger & Grossman LLP, New York, NY; Jeffrey M. Gorris, Christopher M. Foulds, Friedlander & Gorris, P.A., Wilmington, DE; Jeremy S. Friedman, David F.E. Tejtel, Friedman Oster & Tejtel PLLC, Bedford Hills, NY; D. Seamus Kaskela, Kaskela Law LLC, Newtown Square, PA for plaintiffs.
for defendant: Michael A. Pittenger, Matthew F. Davis, David A. Seal, Caneel Radinson-Blasucci, Potter Anderson & Cor-roon LLP, Wilmington, DE; Michael P. Kelly, Daniel M. Silver, Sarah E. Delia, McCarter & English, LLP, Wilmington, DE; Carl N. Kunz, III, K. Tyler O’Connell, Albert J. Carroll, Morris James LLP, Wilmington, DE; Ronald L. Berenstain, Sean C. Knowles, Perkins Coie LLP, Seattle, WA; Susan W. Waesco, John P. DiTomo, Daniel T. Menken, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Blake Rohrbacher, Matthew W. Murphy, Elizabeth A. Heise, Richards, Layton & Finger, P.A., Wilmington, DE for defendants.
Case Number: D69443
Plaintiffs alleged sufficient facts to indicate the existence of a control group, and the conflicted transaction in this case was subject to entire fairness review.