Legal Opinion

In Re Cox Communications, Inc. Shareholders Litigation

Court of Chancery of Delaware

Decided June 6, 2005No. CONS. C.A. 613-NPublishedCited by 51 opinions

1Opinion of the Court

OPINION

STRINE, Vice Chancellor.

I. Introduction

This decision addresses an objection to a request for attorneys’ fees. The plaintiffs seeking the fee award filed premature, hastily-drafted, makeweight complaints attacking a fully negotiable proposal by the Cox family 1 to enter into a merger whereby they would buy all the public’s shares in Cox Communications, Inc. The Family’s proposal was specifically conditioned on agreement to final merger terms with a special committee of independent directors. Its $32 per share bid constituted a 14% premium over the pre-existing average market price for…

2Cases cited29 opinions

  1. Aronson v. LewisSupreme Court of Delaware · 1984
  2. Weinberger v. UOP, Inc.Supreme Court of Delaware · 1983
  3. In Re Caremark International Inc. Derivative LitigationCourt of Chancery of Delaware · 1996
  4. Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc.Supreme Court of Delaware · 1986
  5. Unocal Corp. v. Mesa Petroleum Co.Supreme Court of Delaware · 1985

24 more not listed; retrieve them via the Exa API.

3Cited by51 opinions

  1. Americas Mining Corp. v. TheriaultSupreme Court of Delaware · 2012
  2. Leal v. MeeksSupreme Court of Delaware · 2015
  3. Kahn v. M & F Worldwide Corp.Supreme Court of Delaware · 2014
  4. Quadrant Structured Products Company, Ltd. v. VertinCourt of Chancery of Delaware · 2014
  5. In re Orchard Enterprises, Inc.Court of Chancery of Delaware · 2014

46 more not listed; retrieve them via the Exa API.

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API