No. 406, 2020.

261 A.3d 1251 (2021)

BROOKFIELD ASSET MANAGEMENT, INC., Orion US Holdings 1 L.P., Brookfield BRP Holdings (Canada) Inc., Brian Lawson, Harry Goldgut, Richard Legault, Sachin Shah, and John Stinebaugh, Defendants-Below, Appellants/Cross-Appellees, v. Martin ROSSON and City of Dearborn Police and Fire Revised Retirement System (Chapter 23), Plaintiffs-Below, Appellees/Cross-Appellants.

Supreme Court of Delaware.

Decided: September 20, 2021.

Attorney(s) appearing for the Case

Kevin G. Abrams, Esquire , Eric A. Veres, Esquire , Stephen C. Childs, Esquire , Abrams & Bayliss LLP, Wilmington, Delaware. Of Counsel: John A. Neuwirth, Esquire (argued), Stefania D. Venezia, Esquire , Amanda K. Pooler, Esquire , Weil, Gotshal & Manges LLP, New York, New York for Appellants/Cross-Appellees.

Ned Weinberger, Esquire , Derrick Farrell, Esquire , Mark Richardson, Esquire , Labaton Sucharow LLP, Wilmington, Delaware; Peter B. Andrews, Esquire , Craig J. Springer, Esquire , David M. Sborz, Esquire , Andrews & Springer LLC, Wilmington, Delaware. Of Counsel: Steven J. Purcell, Esquire , Douglas E. Julie, Esquire (argued), Robert H. Lefkowitz, Esquire , Kaitlyn T. Devenyns, Esquire , Purcell Julie & Lefkowitz LLP, New York, New York; Jeremy S. Friedman, Esquire , David F.E. Tejtel, Esquire , Friedman Oster & Tejtel PLLC, Bedford Hills, NY for Appellees/Cross-Appellants.

Before SEITZ, Chief Justice; VALIHURA, VAUGHN, TRAYNOR, and MONTGOMERY-REEVES, Justices, constituting the Court en Banc.

This is an interlocutory appeal from an Opinion and Order of the Court of Chancery holding that Appellees/Cross-Appellants, former stockholders of TerraForm Power, Inc. ("TerraForm"), have direct standing to challenge TerraForm's 2018 private placement of common stock to Appellant/Cross-Appellees Brookfield Asset Management, Inc...


Uncompromising quality. Enduring impact.
Your support ensures a bright future for independent legal reporting.

As you are aware we have offered this as a free subscription over the past years and we have now made it a paid service.Look forward to your continued patronage.



Read it with your Leagle account.
Sign in to continue

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