Publication Date: 2024-11-19
Practice Area: Corporate Governance
Industry: Investments and Investment Advisory | Technology Media and Telecom
Court: Court of Chancery
Judge: Vice Chancellor Fioravanti
Attorneys: For plaintiff: Gregory V. Varallo, Andrew E. Blumberg, Daniel E. Meyer, Bernstein Litowitz Berger & Grossmann LLP, Wilmington, DE; Christopher J. Orrico, Shiva Mohan, Bernstein Litowitz Berger & Grossmann LLP, New York, NY; Jeremy S. Friedman, David F.E. Tejtel, Alexander M. Krischik, David A. Rosenfeld, Friedman Oster & Tejtel PLLC, Bedford Hills, NY; Joel Fleming, Lauren Godles Milgroom, Equity Litigation Group LLP, Boston, MA; D. Seamus Kaskela, Adrienne Bell, Kaskela Law LLC, Newtown Square, PA for plaintiff;
for defendant: Brad D. Sorrels, Andrew D. Cordo, Nora M. Crawford, Lauren G. DeBona, Jacqueline G. Conner, Wilson Sonsini Goodrich & Rosati P.C., Wilmington, DE; Colleen C. Smith, Latham & Watkins LLP, San Diego, CA; Blair Connelly, Zachary L. Rowen, Thomas Giblin, Latham & Watkins LLP, New York, NY; Ryan A. Walsh, Latham & Watkins LLP, Costa Mesa, CA; David J. Berger, Wilson Sonsini Goodrich & Rosati P.C., Palo Alto, CA for defendants.
Case Number: 2024-1029-PAF
Court declined to apply supermajority voting requirement under article of company's certificate of incorporation where it lacked language specifying its applicability to all possible forms of reincorporation.