Legal Opinion

ARC Global Investments II, LC v. Digital World Acquisition Corp.

Court of Chancery of Delaware

Decided September 16, 2024No. 2024-0186-LWWPublished

1Opinion of the Court

IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE ARC GLOBAL INVESTMENTS II, ) LLC, ) ) Plaintiff, ) ) v. ) C.A. No. 2024-0186-LWW ) DIGITAL WORLD ACQUISITION ) CORP., ERIC S. SWIDER, FRANK J. ) ANDREWS, EDWARD J. PREBLE, ) AND JEFFREY A. SMITH ) ) Defendants. ) MEMORANDUM OPINION Date Submitted: July 29, 2024 Date Decided: September 16, 2024 Matthew D. Perri, Daniel E. Kaprow, Elizabeth J. Freud, Alfred P. Dillione & Rae Ra, RICHARDS, LAYTON & FINGER, P.A., Wilmington, Delaware; Counsel for Plaintiff ARC Global Investments II, LLC Kevin M. Coen & Jacob M. Perrone, MORRIS, NICHOLS, ARSHT &…

2Cases cited21 opinions

  1. Estate of Osborn Ex Rel. Osborn v. KempSupreme Court of Delaware · 2010
  2. Nemec v. ShraderSupreme Court of Delaware · 2010
  3. Eagle Industries, Inc. v. DeVilbiss Health Care, Inc.Supreme Court of Delaware · 1997
  4. GMG Capital Investments, LLC v. Athenian Venture Partners ISupreme Court of Delaware · 2012
  5. Rosenblatt v. Getty Oil Co.Supreme Court of Delaware · 1985

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