AGOSTINO v. HICKS

C.A. No. 20020-NC.

845 A.2d 1110 (2004)

Ray AGOSTINO, individually and on behalf of all others similarly situated, Plaintiff, v. Thomas O. HICKS, Jack D. Furst, James N. Mill, Timothy L. Conlon, Richard W. Vieser, Kenneth F. Yontz, Thomas H. O'Brien, Brian Mulroney, David M. Sindelar, Hicks, Muse, Tate & Furst Incorporated, HMTF/Viasystems Partners, L.P., Hicks, Muse, Tate & Furst Equity Fund III, L.P., HM3 Coinvestors, L.P., HMTF Equity Fund IV (1999), L.P., HMTF Private Equity Fund IV (1999), L.P., Hicks, Muse PG-IV (1999) C.V., HM4-SBS (1999) Coinvestors, L.P. and HM4-EQ (1999) Coinvestors, L.P., Defendants.

Court of Chancery of Delaware, New Castle County.

Decided: March 11, 2004.

Revised: March 22, 2004.


Attorney(s) appearing for the Case

Pamela S. Tikellis and Robert J. Kriner, Jr., of Chimicles & Tikellis, LLP, Wilmington, Delaware, Robert S. Green and Robert A. Jigarjian, of Green & Jigarjian LLP, San Francisco, California, for Plaintiff, of counsel.

James L. Holzman and Paul A. Fioravanti, Jr., of Prickett, Jones & Elliott, P.A., Wilmington, Delaware, Robert C. Walters and William L. Wallander, of Vinson & Elkins L.L.P., Dallas, Texas, for Defendants, of counsel.


MEMORANDUM OPINION

CHANDLER, Chancellor.

Pending before the Court is defendants' motion to dismiss plaintiff's amended complaint on the ground that it states derivative, as opposed to individual or direct, claims. Plaintiff was a shareholder of Viasystems Group, Inc. ("Viasystems" or the "Company") until his shares were eliminated without consideration after the Company filed for bankruptcy. For the reasons detailed below, I hold that the complaint...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases