Legal Opinion
Barr v. HARRAH'S ENTERTAINMENT, INC.
District Court, D. New Jersey
Decided May 29, 2008No. Civil Action 05-5056 (JEI)PublishedCited by 2 opinions
1Opinion of the Court
OPINION
IRENAS, Senior District Judge:
Plaintiff commenced this class action against Defendant on October 21, 2005, alleging breach of contract and seeking specific performance. 1 Before the Court are Defendant’s motion for summary judgment and Plaintiffs cross-motion for summary judgment. (Docket Nos. 62 & 67). The greater than $20 million question presented by the parties is, fundamentally, what was the “highest price per share of Common Stock paid [in a merger]”? Such a seemingly simple question is complicated by the intricacies of three stock-based incentive plans established primarily for…
2Cases cited12 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Rhone-Poulenc Basic Chemicals Co. v. American Motorists Insurance Co.Supreme Court of Delaware · 1992
- Richard Conoshenti v. Public Service Electric & Gas CompanyCourt of Appeals for the Third Circuit · 2004
- Lorillard Tobacco Co. v. American Legacy FoundationSupreme Court of Delaware · 2006
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3Cited by2 opinions
- Barr v. Harrah's Entertainment, Inc.Court of Appeals for the Third Circuit · 2009
- Barr v. Harrah's Entertainment, Inc.Court of Appeals for the Third Circuit · 2009