IN RE ALH HOLDINGS LLC

Civ. No. 04-1339-SLR.

675 F.Supp.2d 462 (2009)

In re ALH HOLDINGS LLC.

United States District Court, D. Delaware.

December 22, 2009.


Attorney(s) appearing for the Case

A. Gilchrist Sparks, III, Esquire, S. Mark Hurd, Esquire, and Samuel T. Hirzel, Esquire of Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE, for Plaintiffs and Counterclaim Defendants.

Sean J. Bellew, Esquire and David A. Felice, Esquire of Ballard Spahr Andrews & Ingersoll, LLP, Wilmington, DE, of Counsel, Thomas M. Wood, IV, Esquire, Nichole M. Galvin, Esquire and Brian M. Boyle, Esquire of Neuberger, Quinn, Gielen, Ruben & Gibber, P.A., Baltimore, MD, for Defendants and Counterclaim Plaintiffs.


OPINION

SUE L. ROBINSON, District Judge.

I. INTRODUCTION

This litigation arises out of the actions taken by the directors of ALH Holdings LLC ("ALH") in selling off the subsidiaries of ALH. On September 13, 2004, Shamrock Holdings of California, Inc. ("Shamrock"), Shamrock Capital Advisors, Inc. ("SCA"), Eugene I. Krieger ("Krieger"), George J. Buchler ("Buchler") and Bruce J. Stein ("Stein...

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