Table of Contents

Prepared for distribution at the
M&A LITIGATION 2014
Program
New York City, June 26, 2014
CONTENTS:
PROGRAM SCHEDULE ........................................................................... 9
FACULTY BIOS ...................................................................................... 17
1.
The Business Strategy Immunity: Nuts and Bolts........................... 37
Stuart J. Baskin
Shearman & Sterling LLP
2.
Forum Selection Bylaws: The New Frontier ................................... 51
David J. Berger
Wilson Sonsini Goodrich & Rosati
3.
A Theory of Representative Shareholder Suits and its
Application to Multijurisdictional Litigation ...................................... 59
Randall S. Thomas
Vanderbilt Law School
Robert B. Thompson
Georgetown University Law Center
4.
Exclusive Forum Bylaw Memorandum ......................................... 129
Wachtell, Lipton, Rosen & Katz
5.
What Should We Do About Multijurisdictional Litigation
in M&A Deals? .............................................................................. 141
Randall S. Thomas
Vanderbilt Law School
6.
Fixing Multi-Forum Shareholder Litigation .................................... 181
Minor Myers
Brooklyn Law School
7.
Edgen Group, Inc. v Jason Genoud
(Del. Ch. Nov. 5, 2013)—Transcript of hearing ............................ 273
8.
HEMG Inc. v. Aspen University (N.Y. Sup. Ct. Nov. 4, 2013) ...... 329
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9.
In re Facebook, IPO Securities and Derivative Litigation
(S.D.N.Y. Feb. 13, 2013) .............................................................. 343
10. In re MetroPCS Communications (Ct. of App. for 5th Dist.
of Tx, Jan. 8, 2013) ....................................................................... 417
11. Miller vs. Beam (Ill. Cir. Ct. March 5, 2014).................................. 439
12. Liability-Shifting Under Delaware Law and the Pursuit of
Contribution Claims Against Exculpated Fiduciaries .................... 457
A. Thompson Bayliss
Jean-Rousseau Biondi
Sarah E. Hickie
Abrams & Bayliss LLP
13. 8 DEL Code § 262: Delaware Code—Appraisal rights ................. 479
14. Quasi-Appraisal: The Unexplored Frontier of
Stockholder Litigation?.................................................................. 487
Robert B. Schumer
Stephen P. Lamb
Justin G. Hamill
Joseph L. Christensen
Paul, Weiss, Rifkind, Wharton & Garrison LLP
15. Appraisal Arbitrage and the Future of Public
Company M&A .............................................................................. 497
Charles R. Korsmo
Case Western Reserve University School of Law
Minor Myers
Brooklyn Law School
16. Overview of Fair Value in an Appraisal Case Under
Delaware Law and Recent Court Decisions ................................. 563
Francis G.X. Pileggi
Eckert Seamans Cherin & Mellott, LLC
17. Huff Fund Investment Partnership v. CKx, Inc.
2013 WL 5878807 (Del. Ch.) ........................................................ 577
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18. Carl C. Icahn Issues Open Letter to Dell Stockholders
(September 9, 2013) Press Release ............................................ 595
Carl Icahn
Icahn Capital LP
19. Icahn Moving to Perfect Appraisal Rights of Dell Shares;
Urges Other Dell Stockholders to Act Now to Do
the Same (July 10, 2013) Press Release ..................................... 601
Carl C. Icahn
Keith Schaitkin
Icahn Enterprises, L.P.
20. Golden Telecom v. Global GT LP
(Del. Court of Chancery 2010) ...................................................... 607
21. In re Appraisal of the Orchard Enterprises, Inc.
(Del. Court of Chancery 2012) ...................................................... 621
22. Recent Developments in Delaware Corporate Law ...................... 647
Anne C. Foster
Thomas A. Uebler
Nathaniel J. Stuhlmiller
Richards, Layton & Finger, P.A.
23. Delaware Court of Chancery Applies Business Judgment
Review to Transaction Providing Differential Consideration
to Controlling Stockholder ............................................................. 805
Justin G. Hamill
Stephen P. Lamb
Joseph Christensen
Justin A. Shuler
Paul, Weiss, Rifkind, Wharton & Garrison LLP
24. In re Answers Corporation Shareholders Litigation
(Del. Court of Chancery 2012) ...................................................... 811
25. In re Celera Corporation Shareholder Litigation,
2012 WL 1020471 (Del. Court of Chancery 2012) ....................... 843
26. In re Rural Metro Corporation Shareholders Litigation
(Del. Court of Chancery 2013) ...................................................... 879
7
27. In re Rural Metro Corporation Stockholders Litigation
(Del. Court of Chancery 2014) ...................................................... 893
INDEX ................................................................................................... 989
Program Attorney: Laurie Gilbertson
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