IN RE MARTHA STEWART LIVING OMNIMEDIA, INC. STOCKHOLDER LITIGATION

Consolidated C.A. No. 11202-VCS.

IN RE MARTHA STEWART LIVING OMNIMEDIA, INC. STOCKHOLDER LITIGATION.

Court of Chancery of Delaware.

Date Decided: August 18, 2017.


Attorney(s) appearing for the Case

Seth D. Rigrodsky, Esquire , Brian D. Long, Esquire , Gina M. Serra, Esquire , and Jeremy J. Riley Esquire , of Rigrodsky & Long, P.A., Wilmington, Delaware; Carmella P. Keener Esquire , of Rosenthal, Monhait & Goddess, P.A., Wilmington, Delaware; James S. Notis Esquire , and Meagan Farmer Esquire , of Gardy & Notis, LLP, New York, New York; Evan J. Smith Esquire , and Marc L. Ackerman Esquire , of Brodsky & Smith, LLC, Bala Cynwyd, Pennsylvania; and Gustavo F. Bruckner Esquire , of Pomerantz LLP, New York, New York, Attorneys for Plaintiffs.

Kevin R. Shannon, Esquire , Matthew F. Davis, Esquire , and Mathew A. Golden Esquire , of Potter Anderson & Corroon LLP, Wilmington, Delaware and Paul K. Rowe Esquire , of Wachtell, Lipton, Rosen & Katz, New York, New York, Attorneys for Defendant Martha Stewart.

John L. Reed, Esquire , Ethan H. Townsend, Esquire , and Harrison S. Carpenter Esquire , of DLA Piper LLP (US), Wilmington, Delaware and Mitchell A. Karlan Esquire , and Lauren Sager Esquire , of Gibson Dunn & Crutcher LLP, New York, New York, Attorneys for Defendants Sequential Brands Group, Inc., Singer Madeline Holdings, Inc., Madeline Merger Sub, Inc., and Singer Merger Sub.


OPINION

Beyond the broad enabling provisions of the Delaware General Corporation Law, there is no official guidebook or manual to which fiduciaries of Delaware companies may turn when determining how best to fulfill their duties to shareholders once a decision has been made to sell the company. Even so, Delaware...

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