Publication Date: 2018-08-29
Practice Area: Mergers and Acquisitions
Industry:
Court: Court of Chancery
Judge: Chancellor Bouchard
Attorneys: For plaintiff: Peter B. Ladig, Bayard, P.A, Wilmington, DE; David H. Wollmuth and Michael C. Ledley, Wollmuth Maher & Deutsch LLP, New York, NE; Norman M. Monhait and P. Bradford deLeeuw, Rosenthal Monhait & Goddess, P.A., Wilmington, DE; Scott J. Watnkid, Wilk Auslander LLP, New York, NY; Thomas A. Brown, Morea Schwartz Bradham Friedman & Brown LLP, New York, NY, attorneys for plaintiffs
for defendant: Andrew D. Cordo and F. Troupe Mickler IV, Ashby & Geddes, Wilmington, DE; Adrienne M. Ward and Brian Katz, Olshan Frome Wolosky LLP, New York, NY; John B. Horgan, Ellenoff Grossman & Schole LLP, New York, NY; Douglas D. Herrmann, Pepper Hamilton LLP, Wilmington, DE; Paul B. Carberry, Joshua Weedman, and Erin Smith, White & Case LLP, New York, NY; Frederick B. Rosner, Scott J. Leonhardt, and Jason A. Gibson, The Rosner Law Group LLC, Wilmington, DE; S. Preston Ricardo, Golenbock Eiseman Assor Bell & Peskoe LLP, New York, NY; John D. Hendershot, Susan M. Hannigan, and Brian F. Morris, Richards, Layton & Finger P.A., Wilmington, DE; Bryan B. House, Foley & Lardner LLP, Milwaukee, WI, attorneys for defendants.
Case Number: D68262
Overpayment claims challenging merger transaction were derivative claims extinguished by merger where defendant was a controlling stockholder and enjoyed no increase in its economic stake or voting power.