Publication Date: 2021-03-03
Practice Area: Mergers and Acquisitions
Industry: Software
Court: U.S. Court of Appeals for the Third Circuit
Judge: Judge Scirica
Attorneys: For plaintiff: Timothy J. Houseal, Young Conaway Stargatt & Taylor, Wilmington, DE; John M. McNichols, Stephen D. Raber, Williams & Connolly, Washington, DC for appellants.
for defendant: Jesse Bernstein, Michael B. Carlinsky, Kathleen M. Sullivan, Quinn Emanuel Urquhart & Sullivan, New York, NY; Kevin P.B. Johnson, David E. Myre, III, Quinn Emanuel Urquhart & Sullivan, Redwood Shores, CA; Derek Shaffer, Quinn Emanuel Urquhart & Sullivan, Washington, DC; Kenneth J. Nachbar, Lauren Neal, Morris Nichols Arsht & Tunnell, Wilmington, DE for appellees.
Case Number: D69311
Arbitrary company valuation used to calculate share exchange in merger transaction did not constitute adequate evidence to support damages for a breach of contract claim.
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