Nathan SHENKER, et al.
v.
LAUREATE EDUCATION, INC., et al.
Court of Appeals of Maryland.https://leagle.com/images/logo.png
November 12, 2009.
November 12, 2009.
Attorney(s) appearing for the Case
Charles J. Piven, David Brower (Brower Piven, Baltimore), on brief, for Petitioners.
David Clarke, Jr. (Sara Z. Moghadam, DLA Piper LLP (US), David J. Cynamon, Alvin Dunn, Pillsbury, Winthrop, Shaw, Pittman, LLP, Washington, DC, Eric A. Kuwana, Catherine S. Wood, Katten, Muchin, Rosenman LLP, Washington, DC Mark D. Gately, Scott R. Haiber, Hogan & Hartson, LLP, Baltimore), on brief, for Respondents.
John B. Isbister, Gregory M. Garrett, Tydings & Rosenberg, LLP, Baltimore, Amici Curiae.
Argued before BELL, C.J. HARRELL, BATTAGLIA, GREENE, MURPHY, JOHN C. ELDRIDGE, (Retired, Specially Assigned), and IRMA S. RAKER, (Retired, Specially Assigned), JJ.
Court of Appeals of Maryland.
HARRELL, J.
This case is about certain modalities of accountability in a corporate business setting.
Petitioners are shareholders1 of Laureate Education, Inc. ("Laureate"), a successful publicly-held Maryland corporation headquartered in Baltimore. Laureate's primary business is licensing its educational technology overseas and acquiring management interests in foreign colleges and universities. During 2006 and 2007, Laureate underwent...
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