Legal Opinion

BVF Partners L.P. v. New Orleans Employees' Retirement System

Supreme Court of Delaware

Decided December 27, 2012No. 212, 2012PublishedCited by 37 opinions

1Opinion of the Court

RIDGELY, Justice:

Objector-Below/Appellant, BVF Partners L.P. (“BVF”) appeals from a Court of Chancery certification of Plaintiff-Below/Appellee New Orleans Employees’ Retirement System (“NOERS”) as class representative in this action challenging the acquisition of Celera Corporation (“Cel-era”) by Quest Diagnostics, Inc. (“Quest”). BVF also appeals from the Court of Chancery’s approval of a class action settlement without an opt out right for BVF between NOERS and Defendants-Below/Appellees Richard H. Ayers, Jean-Luc Belingard, William G. Green, Peter Barton Hutt, Gail M. Naughton, Kathy…

2Cases cited18 opinions

  1. Wal-Mart Stores, Inc. v. DukesSupreme Court of the United States · 2011
  2. Levitt v. BouvierSupreme Court of Delaware · 1972
  3. Nancy R. Murray, Plaintiff-Petitioner v. Gmac Mortgage Corporation, Doing Business as ditech.com, Defendant-RespondentCourt of Appeals for the Seventh Circuit · 2006
  4. Parker v. Time Warner Entertainment Co., L.P.Court of Appeals for the Second Circuit · 2003
  5. Dover Historical Society v. City of Dover Planning CommissionSupreme Court of Delaware · 2003

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3Cited by37 opinions

  1. In re Morton's Restaurant Group, Inc. Shareholders LitigationCourt of Chancery of Delaware · 2013
  2. In re Wayport, Inc. LitigationCourt of Chancery of Delaware · 2013
  3. In re Rural Metro Corp.Court of Chancery of Delaware · 2014
  4. In re Trulia, Inc. Stockholder LitigationCourt of Chancery of Delaware · 2016
  5. SFF-TIR, LLC v. StephensonDistrict Court, N.D. Oklahoma · 2017

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