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SIGA TECHNOLOGIES v. PHARMATHENE

No. 20, 2015.

132 A.3d 1108 (2015)

SIGA TECHNOLOGIES, INC., a Delaware Corporation, Defendant Below, Appellant/Cross-Appellee, v. PHARMATHENE, INC., a Delaware Corporation, Plaintiff Below, Appellee/Cross-Appellant.

Supreme Court of Delaware.

Decided: December 23, 2015.

Corrected: December 28, 2015.

Attorney(s) appearing for the Case

Stephen P. Lamb, Esquire (Argued), Meghan M. Dougherty, Esquire , Matthew D. Stachel, Esquire , Paul, Weiss, Rifkind, Wharton & Garrison LLP, Wilmington, Delaware, for Defendant Below, Appellant/Cross-Appellee SIGA Technologies, Inc.

Roger Crane, Esquire (Argued), K&L Gates LLP, New York, NY, Christopher A. Selzer, Esquire , McCarter & English, LLP, Wilmington, Delaware, for Plaintiff Below, Appellee/Cross-Appellant PharmAthene, Inc.

Before STRINE, Chief Justice; HOLLAND, VALIHURA, VAUGHN, and SEITZ, Justices, constituting the Court en Banc.

I. INTRODUCTION

This is the second appeal by SIGA Technologies, Inc. ("SIGA") from a Court of Chancery judgment awarding PharmAthene, Inc. ("PharmAthene") damages stemming from failed merger and license negotiations between the parties. In the first appeal, this Court upheld the Court of Chancery's finding...

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