In re GENERAL MOTORS (HUGHES) SHAREHOLDER LITIGATION.
Supreme Court of Delaware.https://leagle.com/images/logo.png
Submitted: December 21, 2005.
Decided: March 20, 2006.
Attorney(s) appearing for the Case
Michael Hanrahan, Esquire (argued) and Paul A. Fioravanti, Jr., Esquire, Prickett, Jones & Elliott, P.A., Wilmington, Delaware, Jay W. Eisenhofer, Esquire, Geoffrey C. Jarvis, Esquire (argued), James R. Banko, Esquire and Brad deLeeuw, Esquire, Grant & Eisenhofer, P.A., Wilmington, Delaware, co-counsel for plaintiffs-appellants.
R. Franklin Balotti, Esquire, Lisa A. Schmidt, Esquire, Srinivas M. Raju, Esquire, Richards, Layton & Finger, Wilmington, Delaware, and Robert J. Kopecky, Esquire (argued), Kirkland & Ellis, Chicago, Illinois, for defendant-appellee, General Motors Corporation and individual defendants-appellees.
Edward P. Welch, Esquire (argued), Edward B. Micheletti, Esquire, Seth M. Beausang, Esquire, T. Victor Clark, Esquire and Jenness E. Parker, Esquire, Skadden, Arps, Slate, Meacher & Flom, Wilmington, Delaware, for defendant-appellee/cross-appellant, The News Corporation Limited.
Before STEELE, Chief Justice, HOLLAND and RIDGELY, Justices.
Supreme Court of Delaware.
HOLLAND, Justice.
In this appeal, we affirm the final judgments that were entered by the Court of Chancery. Wyser-Pratte Management Co., Inc., Robert La Marchi, Ronald Young and George Silverman (the Plaintiffs), instituted this lawsuit against the defendant, General Motors Corporation ("GM") and the defendant, The News Corporation Limited ("TNCL"),1 challenging a series of transactions by which...
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