In Re: TD Banknorth
Jun 25, 2009
Settlement hearing.Via Bloomberg News: " April 21 (Bloomberg) -- TD Banknorth Inc. agreed to pay $50 million to settle for the second time a class-action lawsuit brought by former investors challenging the fairness of the companys buyout by Toron...
Jun 19, 2009
Plaintiffs were investors in the Steel Partners 2 family of funds, which included both domestic and off-shore entities, operating as part of a master feeder investment fund structure. The economic disruption of 2008 resulted in an unprecedented n...
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Jun 17, 2009
This action, brought by Alliance Data Systems Corp., is to determine whether Blackstone Partners need to make good on a $7.8 billion merger promise to a credit card processing company. This suit seeks to compel Blackstone to merge.Outcome: The Su...
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Jun 17, 2009
In approving the proposed settlement, the Court of Chancery denied a motion to intervene, and overruled objections. The objectors challenged the breadth of the settlement's release, raised purported due process concerns in connection with the sett...
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In Re: Marsh & McLennan
Jun 17, 2009
Hearing on motion to dismiss in complex shareholder derivative litigation.Information on related federal cases:http://securities.stanford.edu/1032/MMC04_01/
Jun 15, 2009
A Texas jury will hear a multibillion dollar claim by Huntsman Corp. that two of the world's largest banks, Credit Suisse and Deutsche Bank, scuttled its proposed mergers with Hexion Chemical and Basell Holdings, NV. Credit Suisse and Deutsche Ban...
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Jun 2, 2009
Re-trial in accounting fraud litigation.From CVN's prior coverage of the first trial...This trial will determine whether BDO Seidman was an agent of BDO International, thus making the international accounting network potentially liable for a $500M...
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May 19, 2009
This shareholder class action challenges the validity of Atmel's board of directors' extension of a poison pill that allegedly made the poison pill's triggers vague and unascertainable.In October, 2008, ON Semiconductor Corp. (ONNN) and Microchip ...
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NACCO v. Applica
May 11, 2009
Five day bench trial.From CVN's coverage of prior hearings in this litigation...August 31 hearing on defendant's motion to enforce discovery orders. CVN covered prior hearings in this litigation. The household appliance company Applica put itself...
May 8, 2009
A Texas jury will hear a multibillion dollar claim by Huntsman Corp. that two of the world's largest banks, Credit Suisse and Deutsche Bank, scuttled its proposed mergers with Hexion Chemical and Basell Holdings, NV. Credit Suisse and Deutsche Ban...
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Apr 24, 2009
Hearing on motion for partial judgment on pleadings in suit over a Lockup Agreement related to the establishment of a margin account and transfer of pledges shares of GreenHunter Energy, Inc.
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Apr 20, 2009
CVN covered a previous hearing concerning a motion by 3rd party defendants Gen Re Corporation seeking dismissal of underlying litigation. In this suit, stockholder plaintiffs seek to recover funds to make American International Group, Inc. (AIG) w...
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