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TYCO INTERN. LTD. v. WALSH

No. 02 Civ. 4633 (DLC).

751 F.Supp.2d 606 (2010)

TYCO INTERNATIONAL LTD., Plaintiff, v. Frank E. WALSH, Jr., Defendant.

United States District Court, S.D. New York.

October 20, 2010.

Attorney(s) appearing for the Case

Mark Levine , Bartlit Beck Herman Palenchar & Scott LLP, Chicago, IL, Bryan Leach , Bartlit Beck Herman Palenchar & Scott LLP, Denver, CO, Brian Pumphrey , McGuireWoods LLP, Richmond, VA, for Plaintiff.

Michele L. Pahmer , Jeremy Rosof , Elizabeth Cronise , Rodger Pichardo, Stroock & Stroock & Lavan LLP, Lane New York, NY, for Defendant.

OPINION & ORDER

DENISE COTE, District Judge:

This action arises from a dispute concerning a corporation's payment of a so-called "finder's fee" to its lead outside director for his role in facilitating a merger. In July 2001, L. Dennis Kozlowski ("Kozlowski"), the Chief Executive Officer of plaintiff Tyco International, Ltd. ("Tyco"), paid Tyco's director, defendant Frank E. Walsh, Jr. ("Walsh"), a $20 million fee in connection with Tyco's acquisition...

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