Amirsaleh v. NY Board of Trade

VERDICT

Trial
11/16/09 – 11/18/09

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Summary

3 day trial.

Via DealLawyers.com: "In Amirsaleh v. Board of Trade of The City of New York, the Delaware Chancery Court addressed claims by a member of the target that the parties to a merger agreement did not act in good faith in implementing the provisions of the merger agreement permitting members of the target to elect the form of consideration to be received in a merger."

http://www.deallawyers.com/Blog/2009/04/hlsp-holdings-v-fortune-management-coned-issues-are-alive-and-well-in-delaware.html

View a free video clip from the case:
Direct Examination of Mr. Surdykodski, VP Associate General Counsel of Intercontinental Exchange -- Clip 1

Outcome

The court found that defendantsÂ’ conduct had not amounted
to bad faith and was not a breach of the implied covenant of good faith and fair dealing.

Sessions

Recording Disclaimer: This proceeding was recorded in full.

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