IACs Barry Diller wants to spin off IAC into a five different parts, and switch to a single tier voting structure. This move would effectively halve Liberty Medias voting power in IAC, which is currently 62%. As a result of previous dealings, Di...
The Shareholder Derivative Litigation arose out of the Company's sale of $300 million of preferred stock to funds affiliated with MHR Fund Management LLC ("MHR") pursuant to the Securities Purchase Agreement dated October 17, 2006, as amended and ... View Proceeding
Malone's Liberty Media Corp., which holds a 30 percent of IAC's shares and 62 percent of its voting power, asked the court to let it oust Diller and six directors from IAC's board. Liberty, owner of the QVC and Starz channels, wants to name three ... View Proceeding
United Rentals, Inc. filed a lawsuit against RAM Holdings, Inc. and RAM Acquisition Corp., acquisition vehicles formed by Stephen A. Feinberg's Cerberus Capital Management, L.P. to acquire United Rentals. The lawsuit, filed in the Delaware Court o... View Proceeding
Settlement hearing. CVN previously covered a 2007 proceeding in this matter. A group of minority shareholders, led by Plaintiff Sergio M. Oliver (�Oliver�), brought to trial a series of claims challenging certain transactions before Seragen�... View Proceeding
Case Description: Appellant common stockholders brought an appraisal proceeding against appellee corporation. The Court of Chancery in and for New Castle County rejected the claims of the common stockholders. The common stockholders appealed.Proc...
Case Description: The action originated with a tender offer by General William Lyon of $93 per share for the outstanding shares of Lyon Homes, Inc., a Delaware corporation. On the same day the tender offer was announced, Plaintiff Intervenor-App... View Proceeding
Shareholder litigation resulting from the merger of CBOT and the Chicago Mercantile Exchange Holdings, Inc. and the demutualization of CBOE. View Proceeding