Yucaipa v. Barnes & Noble

VERDICT

Trial
07/08/10 – 07/13/10

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Summary

In this retail industry mergers and acquisition litigation bench trial proceeding, plaintiff Yucaipa America Alliance Fund II sought a change in defendant Barnes and Noble’s poison pill arrangement, which prohibits the plaintiff, a hedge fund to buy additional stake in the company. The plaintiff alleged Barnes and Nobles and its directors of breach of fiduciary duty.

The plaintiff was represented by attorney David McBride. The defendant in this case, Barnes and Nobles was represented by attorney Sandra Goldstein.

Outcome

For the Defendant.

Sessions

Recording Disclaimer: This proceeding was recorded in full.

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