Publication Date: 2024-12-31
Practice Area: Corporate Governance
Industry: Automotive | Investments and Investment Advisory | Manufacturing
Court: Court of Chancery
Judge: Chancellor McCormick
Attorneys: For plaintiff: Gregory V. Varallo, Daniel E. Meyer, Bernstein Litowitz Berger & Grossmann LLP, Wilmington, DE; Peter B. Andrews, Craig J. Springer, David M. Sborz, Jackson E. Warren, Andrews & Springer LLC, Wilmington, DE; David E. Ross, Garrett B. Moritz, Thomas C. Mandracchia, Ross Aronstam & Moritz LLP, Wilmington, DE; Catherine A. Gaul, Randall J. Teti, Ashby & Geddes, P.A., Wilmington, DE; John L. Reed, Ronald N. Brown, III, Caleb G. Johnson, Daniel P. Klusman, DLA Piper LLP (US), Wilmington, DE; Christine M. Mackintosh, Grant & Eisenhofer, P.A., Wilmington, DE; Daniel A. Griffith, Whiteford Taylor & Preston LLC, Wilmington, DE for plaintiff.
for defendant: William M. Lafferty, Susan W. Waesco, Ryan D. Stottmann, Miranda N. Gilbert, Jacob M. Perrone, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Rudolf Koch, John D. Hendershot, Kevin M. Gallagher, Andrew L. Milam, Richards, Layton & Finger, P.A., Wilmington, DE; A. Thompson Bayliss, Adam K. Schulman, Eliezer Y. Feinstein, Abrams & Bayliss LLP, Wilmington, DE; David S. Eagle, Sally E. Veghte, Klehr Harrison Harvey Branzburg LLP, Wilmington, DE; Anthony A. Rickey, Margrave Law LLC, Wilmington, DE; Theodore A. Kittila, Halloran Farkas + Kittila LLP, Wilmington, DE for defendants.
Case Number: 2018-0408-KSJM
Court limited other stockholders' motions to intervene to appealing the court's opinion letter where broader intervention could undermine the finality of the case and the stockholders' interest were adequately represented by the named plaintiff in the class action.