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Chancery Dismisses All Claims in Stockholder Challenge to Cash-Out Merger Transaction | Morris James LLP

Harcum v. Lovoi, C.A. No. 2020-0398-PAF (Del. Ch. Jan. 3, 2022) - In Harcum, the Delaware Court of Chancery dismissed all claims brought in a stockholder suit alleging. ....

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Delaware Court of Chancery Dismisses Complaint Against Certain Officers, Directors and Stockholders of Roan Resources, Inc. | Fox Rothschild LLP

In a 77-page Memorandum Opinion issued by Vice Chancellor Fioravanti in Cindy Harcum v. John Lovoi et al., C.A. No. 2020-0398-PAF (Del. Ch. Jan. 3, 2022), the Delaware Court of Chancery. ....

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Chancery Tosses Investor Challenge To $1B Energy Co. Sale

Delaware Chancery Court has rejected all counts and claims in a stockholder suit seeking damages for alleged fiduciary duty breaches in connection with the sale of Roan Resources Inc. for more than $1 billion, citing in part failures to identify actionable breaches or conflicted acts. ....

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Chancery Tosses Investor Challenge To $1B Energy Co. Sale

Delaware Chancery Court has rejected all counts and claims in a stockholder suit seeking damages for alleged fiduciary duty breaches in connection with the sale of Roan Resources Inc. for more than $1 billion, citing in part failures to identify actionable breaches or conflicted acts. ....

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Judge Urged To Toss Investor Suit Over Sale of Energy Firm

Attorneys for oil and gas venture Roan Resources Inc. urged a Delaware vice chancellor on Tuesday to toss a shareholder suit challenging its $1 billion sale to a private equity-backed buyer, saying no better deal was available and stockholders overwhelmingly approved. ....

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