Legal Opinion
In re NYSE Euronext Shareholders/ICE Litigation
New York Supreme Court
Decided March 1, 2013Published
1Opinion of the Court
OPINION OF THE COURT
Shirley Werner Kornreich, J.
Defendants NYSE Euronext, Ellyn L. Brown, Marshall N. Carter, Patricia M. Cloherty, Duncan M. McFarland, James J. McNulty, Duncan L. Niederauer, Robert G. Scott, Jackson P Tai, Baseball Merger Sub, LLC (BMS), and IntercontinentalExchange, Inc. (ICE) move for an order, pursuant to CPLR 327 (a) and 3211 (a) (4), dismissing or staying this action.1 Defendants’ motion is denied for the reasons that follow.
I. Factual Background and Procedural History
This is a consolidated class action brought by shareholders of the NYSE to challenge its proposed sale…
2Cases cited13 opinions
- Islamic Republic of Iran v. PahlaviNew York Court of Appeals · 1984
- Broida v. BancroftAppellate Division of the Supreme Court of the State of New York · 1984
- White Light Productions, Inc. v. On The Scene Productions, Inc.Appellate Division of the Supreme Court of the State of New York · 1997
- In Re Cox Communications, Inc. Shareholders LitigationCourt of Chancery of Delaware · 2005
- Don King Productions, Inc. v. DouglasDistrict Court, S.D. New York · 1990
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