Del Justices Urged To Save Energy Co Suit From Black Hole law360.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from law360.com Daily Mail and Mail on Sunday newspapers.
The Delaware Chancery Court on Tuesday sent to trial claims against billionaire Howard Lutnick, Cantor Fitzgerald LP and an affiliate as well as a BGC Partners Inc. director in a suit accusing Lutnick, Cantor and others of lining up an overpriced, $875 million BGC deal for Berkeley Point Financial LLC.
Attorneys for oil and gas venture Roan Resources Inc. urged a Delaware vice chancellor on Tuesday to toss a shareholder suit challenging its $1 billion sale to a private equity-backed buyer, saying no better deal was available and stockholders overwhelmingly approved.
Attorneys for top investors in a blank check company that acquired data analytics MultiPlan Corp. last year urged a Delaware vice chancellor on Monday to toss a challenge to the deal, saying in part that plaintiff attorneys were pressing company or individual claims, instead of class assertions.
Chancery Sends $875M BGC-Cantor Unit Merger Suit To Trial law360.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from law360.com Daily Mail and Mail on Sunday newspapers.