Rossdeutscher v. Viacom, Inc.
Supreme Court of Delaware
1Opinion of the Court
VEASEY, Chief Justice.
This case of first impression involves the application of the implied covenant of good faith and fair dealing to the contractual rights of holders of derivative securities issued in connection with the separate but nearly contemporaneous mergers of Paramount Communications, Inc. (Paramount) and Blockbuster Entertainment, Inc. (Blockbuster) into Viacom, Inc. (Viacom). These securities are known as Contingent Value Rights (CVRs) — in the case of the Paramount merger — and Variable Common Rights (VCRs) — in the case of the Blockbuster merger. Each of these securities was…
2Cases cited24 opinions
- Caterpillar Inc. v. WilliamsSupreme Court of the United States · 1987
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Clark-Fitzpatrick, Inc. v. Long Island Rail RoadNew York Court of Appeals · 1987
- Lampf, Pleva, Lipkind, Prupis & Petigrow v. GilbertsonSupreme Court of the United States · 1991
- Matsushita Electric Industrial Co. v. EpsteinSupreme Court of the United States · 1996
19 more not listed; retrieve them via the Exa API.
3Cited by18 opinions
- Official Committee of Unsecured Creditors of Fedders North America, Inc. Ex Rel. Debtors' Estates v. Goldman Sachs Credit Partners L.P. (In Re Fedders North America, Inc.)United States Bankruptcy Court, D. Delaware · 2009
- NACCO INDUSTRIES, INC. v. Applica Inc.Court of Chancery of Delaware · 2009
- Pfeiffer v. TollCourt of Chancery of Delaware · 2010
- RBC Capital Markets, LLC v. Education Loan Trust IVSupreme Court of Delaware · 2014
- Wal-Mart Stores, Inc. v. AIG Life InsuranceCourt of Chancery of Delaware · 2005
13 more not listed; retrieve them via the Exa API.