Argument Among Shareholders Rolls on With Appeal of AMC Settlement
It's a unique situation for Delaware's high court, with attorneys from the plaintiffs' bar and those who represent the corporate side sitting at the same table, united in wanting to uphold a settlement that a subset of the class of AMC shareholders wants to have overturned.
May 08, 2024 at 06:01 PM
4 minute read
Class ActionsWhichever way the Delaware Supreme Court rules in the appeal of a settlement between AMC Entertainment Holdings Inc. and its shareholders, it's likely to have a broad impact on Chancery shareholder litigation, counsel for both those in favor of the settlement and those opposed argued Wednesday.
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