0 results for 'Richards Layton Finger PA'
Pimco Shareholder Settlement Nets $1.5 Million For Attorneys
Pimco Advisors Holdings settled several lawsuits filed by some of the company's unitholders, who claimed they were being shortchanged in a $4 billion buyout of the bond-fund manager by European insurer Allianz AG. The final settlement has Pimco unitholders dropping the suits in exchange for the partnership slashing the deal's $180 million breakup fee by $60 million, and nets them attorneys fees of $1.5 million.Zany Brainy Sale Not All Fun and Games for Morgan Lewis Attorneys
After Zany Brainy filed for Chapter 11 bankruptcy, its executives wanted a quick resolution to its problems. So a team of Morgan Lewis & Bockius lawyers was instructed to move fast to find a suitable buyer for the financially strapped toy retailer. Less than two months later, company officials and their creditors got their wish when the assets were sold to Waterton Management for $115 million.Happy Days for Delaware Lawyers in 2000
With a vibrant economy most of the year, Delaware lawyers practicing in 2000 found none of the catastrophes predicted for the supposed start of the new millennium but instead experienced an expanding client base and rising salaries. As far as Delaware's three major venues are concerned -- the Court of Chancery, U.S. District Court and U.S. Bankruptcy Court -- no great surprises, but a few headline grabbers.Judge Strikes Down Investor Lawsuit in $1.15 Billion Sale of Arco Chemical Co.
Arco Chemical persuaded a Delaware Chancery Court judge to throw out a lawsuit filed by a former stock owner who said she'd been shortchanged in a $1.15 billion acquisition by rival Lyondell Chemical. Mary McMullen claimed Arco's board didn't shop around for the best price and hid information about the deal from investors. But Judge Myron T. Steele dismissed her suit. "The plaintiff pleads no facts showing that Arco Chemical's board acted out of self-interest or with gross negligence," Steele said.Stumbling GOP Places Hopes on Connolly and Lee
Although two years have elapsed since Thomas J. Capano's riveting murder trial, fame has yet to flee from Colm F. Connolly, the ex-prosecutor who tried the case, and William Swain Lee, the retired Delaware Superior Court judge who presided and then ran for governor. Today they are regarded as two of the more intriguing political prospects in the Delaware Republican Party.Leading M&A Transactions — Target or Acquirer Based in N.J. — 2010
Chart: Leading M&A Transactions — Target or Acquirer Based in N.J. — 2010