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In Re S. Peru Copper Corp. S’holder Derivative Litig., C.A. no. 961- CS (Del. Ch. Oct. 14, 2011) (Strine, C.)
- Potter Anderson & Corroon LLP
- -
- USA
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- October 25 2011
In this memorandum opinion, Chancellor Strine held that the sale of a controlling shareholder’s 99.15 interest in a non-public Mexican mining company to its subsidiary was unfair
In re Massey Energy Company derivative and class action litigation, C.A. No. 5430-VCS (Del. Ch. May 31, 2011)
- Potter Anderson & Corroon LLP
- -
- USA
- -
- June 6 2011
In this opinion Vice Chancellor Strine declined to enjoin a merger between Massey Energy Co. (“Massey”) and Alpha Natural Resources, Inc. (“Alpha”), pursuant to which Massey shareholders will receive Alpha stock and $10 cash per share
In re Atlas Energy Resources, LLC, Unitholder Litig., Consol. C.A. No. 4589-VCN (Oct. 28, 2010) (Noble, V.C.).
- Potter Anderson & Corroon LLP
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- USA
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- November 5 2010
In this opinion addressing a motion to dismiss claims against the directors, officers, and controlling unitholder of a limited liability company, the Court of Chancery held that (i) upon eliminating the traditional fiduciary duties owed by an LLC's managing directors and officers, an LLC agreement may instead impose a contractually defined standard of subjective good faith, and (ii) where an LLC agreement's conflict resolution provision does not expressly provide for the resolution of potential conflicts of interest between members, the interested transaction may still be subject to challenge at least against the interested member, including scrutiny under the entire fairness standard of review, despite the LLC's compliance with the conflict resolution provision's requirements
Addy v. Piedmonte, et al.
- Potter Anderson & Corroon LLP
- -
- USA
- -
- March 18 2009
This case involves plaintiff’s investments in several oil and gas explorations projects with the defendants
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- Workarea - Litigation
- Workarea - Energy & Natural Resources
- Firm Name - Potter Anderson & Corroon LLP
- Jurisdiction - USA