SUN-TIMES MEDIA GROUP, INC. v. BLACK

C.A. No. 3518-VCS.

954 A.2d 380 (2008)

SUN-TIMES MEDIA GROUP, INC., f/k/a Hollinger International Inc., a Delaware corporation, Plaintiff, v. Conrad M. BLACK, John A. Boultbee, Peter Y. Atkinson, and Mark S. Kipnis, Defendants.

Court of Chancery of Delaware.

Decided: July 30, 2008.


Attorney(s) appearing for the Case

David C. McBride, Esquire, William D. Johnston, Esquire, Michael W. McDermott, Esquire, Kristen Salvatore DePalma, Esquire, Young Conaway Stargatt & Taylor, LLP, Wilmington, Delaware; Daniel J. Kramer, Esquire, Robert N. Kravitz, Esquire, Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York, New York, Attorneys for Plaintiff.

David A. Jenkins, Esquire, Joelle E. Polesky, Esquire, Smith Katzenstein & Furlow LLP, Wilmington, Delaware, Attorneys for Defendant Conrad M. Black.

David S. Eagle, Esquire, Klehr, Harrison, Harvey, Branzburg & Ellers LLP, Wilmington, Delaware, Attorney for Defendant John A. Boultbee.

J. Travis Laster, Esquire, John M. Seaman, Esquire, Abrams & Laster LLP, Wilmington, Delaware, Attorneys for Defendant Peter Y. Atkinson.

Gregory V. Varallo, Esquire, Richards, Layton & Finger, P.A., Wilmington, Delaware, Attorney for Defendant Mark S. Kipnis.


OPINION

STRINE, Vice Chancellor.

I. Introduction

Plaintiff Sun-Times Mirror Group, formerly known as Hollinger International Inc.,1 brought this action seeking to foreclose its obligation to provide advancement to defendants Conrad M. Black, John A. Boultbee, Peter Y. Atkinson, and Mark S. Kipnis. The crux of this dispute is the meaning of the words "the final disposition of such action, suit or proceeding" in...

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