Legal Opinion
Roth ex rel. YRC Worldwide Inc. v. Solus Alternative Asset Management LP
District Court, S.D. New York
Decided August 20, 2015No. 14cv9571PublishedCited by 4 opinions
1Opinion of the Court
MEMORANDUM & ORDER
WILLIAM H. PAULEY III, District Judge:
Andrew E. Roth brings this shareholder derivative action on behalf of YRC Worldwide Inc. (“YRC”) against Solus Alternative Asset Management LP, Solus GP LLC, Sola Ltd., Solus Opportunities Fund 1 LP, Solus Opportunities Fund 2 LP, Solus Core Opportunities Master Fund Ltd., Ultra Master Ltd., and Christopher Pucillo (collectively, “Solus”1), seeking disgorgement of short-swing profits pursuant to Section 16 of the Securities Exchange Act. Solus, joined by YRC, moves to dismiss the Amended Complaint for failure to state a claim under…
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- Hayden v. PatersonCourt of Appeals for the Second Circuit · 2010
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