In re CELERA CORPORATION SHAREHOLDER LITIGATION.
BVF Partners L.P., Objector Below-Appellant,
v.
New Orleans Employees' Retirement System, Plaintiff Below-Appellee, and
Richard H. Ayers, Jean-Luc Belingard, Peter Barton Hutt, Gail M. Naughton, Kathy Ordoñez, Wayne I. Roe, Bennett M. Shapiro, Celera Corporation, Quest Diagnostics Incorporated and Sparks Acquisition Corporation, Defendants Below-Appellees.
Supreme Court of Delaware.https://leagle.com/images/logo.png
Kevin G. Abrams, Esquire , of Abrams & Bayliss LLP, Wilmington, Delaware; Of Counsel Patrick E. Gibbs, Esquire , Andrew M. Farthing, Esquire , of Latham & Watkins LLP, Menlo Park, California, for Appellees Richard H. Ayers, Jean-Luc Belingard, William G. Green, Peter Barton Hutt, Kathy Ordoñez, Wayne I. Roe, and Bennett M. Shapiro.
Before HOLLAND, BERGER, JACOBS, and RIDGELY, Justices, and VAUGHN, President Judge, constituting the Court en Banc.
Supreme Court of Delaware.
RIDGELY, Justice:
Objector-Below/Appellant, BVF Partners L.P. ("BVF") appeals from a Court of Chancery certification of Plaintiff-Below/Appellee New Orleans Employees' Retirement System ("NOERS") as class representative in this action challenging the acquisition of Celera Corporation ("Celera") by Quest Diagnostics, Inc. ("Quest"). BVF also appeals from the Court of Chancery's approval of a class action settlement without an opt out right for BVF between NOERS and...
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