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In Re AMC Ent. Holdings, Inc. Stockholder Litig.
Publication Date: 2023-08-07
Practice Area: Corporate Governance
Industry: Entertainment and Leisure
Court: Court of Chancery
Judge: Vice Chancellor Zurn
Attorneys:
For plaintiff: Gregory V. Varallo, Daniel E. Meyer, Bernstein Litowitz Berger & Grossman LLP, Wilmington, DE; Mark Lebovitch, Edward Timlin, Bernstein Litowitz Berger & Grossman LLP, New York, NY; Michael J. Barry, Kelly L. Tucker, Jason M. Avellino, Grant & Eisenhofer, P.A., Wilmington, DE; Thomas Curry, Saxena White P.A., Wilmington, DE for plaintiffs.
For defendant: Raymond J. DiCamillo, Kevin M. Gallagher, Matthew W. Murphy, Richards, Layton & Finger, P.A., Wilmington, DE; John A. Neuwirth, Joshua S. Amsel, Tanner S. Stanley, Weil, Gotshal & Manges LLP, New York, NY for defendants.
Case number: 2023-0215-MTZ

The court declined to approve a proposed settlement on behalf of a putative class of common stockholders noting that the release would release not only claims associated with the common stock but also claims related to the ownership of preferred equity units, even though plaintiffs had not brought an action on behalf of a class of preferred equity unitholders.

July 28, 2023 | The Recorder

Investors Claim Seagate Technology Violated Huawei Sales Ban

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read
July 24, 2023 | Delaware Business Court Insider

Back to the Drawing Board: Vice Chancellor Blocks Settlement of Claims Arising From AMC's Reverse Stock Split

The problem with the settlement, the court said, is its proposed release of claims involving AMCs preferred equity shares, or APEs, held by those who also hold common stock.
4 minute read
July 24, 2023 | Delaware Law Weekly

Vice Chancellor Blocks Settlement of AMC's Reverse Stock Split Suit, Sends Lawyers Back to Drawing Board

The problem with the settlement, the court said, is its proposed release of claims involving AMCs preferred equity shares, or APEs, held by those who also hold common stock.
4 minute read
Woods-Early v. Corning Inc.
Publication Date: 2023-07-21
Practice Area: Employment Litigation
Industry:
Court: U.S. District Court for the Western District of New York, U.S. - WDNY
Judge: District Judge Frank P. Geraci, Jr.
Attorneys:
For plaintiff:
For defendant:
Case number: 18-CV-6162

Employer Granted Judgment on All Claims Over Equal Pay Act Violations

Law Journal Press | Digital Book Wrongful Use of Civil Proceedings and Related Torts in Pennsylvania, Second Edition Authors: George Bochetto, David P. Heim, John A. O’Connell, Robert S. Tintner View this Book

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Anonymous v. Jane Doe
Publication Date: 2023-07-17
Practice Area: Civil Procedure
Industry:
Court: U.S. District Court for the Eastern District of New York, U.S. - EDNY
Judge: District Judge Rachel P. Kovner
Attorneys:
For plaintiff:
For defendant:
Case number: 23-CV-4563

Plaintiff May Not Proceed Under Seal, Anonymously, Under In Forma Pauperis Status

July 03, 2023 | Texas Lawyer

Shareholders in Houston Pipeline Company Win Claim for Disclosure Breach in Case Over Merger Talks

The litigation was said to have resulted in one of the largest shareholder verdicts in Delaware history.
5 minute read
July 03, 2023 | Delaware Law Weekly

Shareholders' Win in Pipeline Disclosure Breach in Case Expected to Exceed $400M

The litigation was said to have resulted in one of the largest shareholder verdicts in Delaware history.
5 minute read
July 03, 2023 | Delaware Business Court Insider

Shareholders in Pipeline Company Win Claim for Disclosure Breach in Case Over Merger Talks

The litigation was said to have resulted in one of the largest shareholder verdicts in Delaware history.
5 minute read
June 29, 2023 | Delaware Business Court Insider

Conflicting AMC Shareholders' Attorneys Clash at Chancery Court Settlement Hearing

Attorneys for the shareholder plaintiffs and defendant AMC, both in favor of the proposed settlement, argued a stock conversion is the best possible option for shareholders, though objectors held firm that it would unfairly strip value from individual holders of common stock.
4 minute read

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