Legal Opinion
Valeant Pharmaceuticals International v. Jerney
Court of Chancery of Delaware
Decided March 1, 2007No. C.A. 19947PublishedCited by 56 opinions
1Opinion of the Court
OPINION
LAMB, Vice Chancellor.
In this post-trial opinion, the court renders judgment on the claims asserted against Adam Jerney, a former director and president of ICN Pharmaceuticals, Inc. (now known a Valeant Pharmaceuticals International). Jerney was sued, together with Milan Panic, ICN’s former Chairman and CEO, and other members of the former ICN board of directors, for claims arising out of their unanimous collective decision to pay large cash bonuses to themselves and to certain other ICN executives and employees in connection with a later-aborted corporate restructuring. The litigation…
2Cases cited16 opinions
- Weinberger v. UOP, Inc.Supreme Court of Delaware · 1983
- Cinerama, Inc. v. Technicolor, Inc.Supreme Court of Delaware · 1995
- Gotham Partners, L.P. v. Hallwood Realty Partners, L.P.Supreme Court of Delaware · 2002
- Telxon Corporation v. MeyersonSupreme Court of Delaware · 2002
- Cinerama, Inc. v. Technicolor, Inc.Court of Chancery of Delaware · 1994
11 more not listed; retrieve them via the Exa API.
3Cited by56 opinions
- Americas Mining Corp. v. TheriaultSupreme Court of Delaware · 2012
- In re Trados Inc. Shareholder LitigationCourt of Chancery of Delaware · 2013
- Auriga Capital Corp. v. Gatz Properties, LLCCourt of Chancery of Delaware · 2012
- In re Rural Metro Corp.Court of Chancery of Delaware · 2014
- In re Southern Peru Copper Corp. Shareholder Derivative LitigationCourt of Chancery of Delaware · 2011
51 more not listed; retrieve them via the Exa API.