Legal Opinion
Gilliland v. Motorola, Inc.
Court of Chancery of Delaware
Decided October 8, 2004No. C.A. 411-NPublishedCited by 15 opinions
1Opinion of the Court
OPINION
LAMB, Vice Chancellor.
I
A former stockholder of Next Level Communications, Inc. brings this action on behalf of a class seeking “quasi-appraisal” for alleged breaches of fiduciary duty and statutory violations against Next Level and its parent, Motorola, Inc. The action arises out of the 2008 going private transaction in which Motorola, the owner of 74% of the common stock of Next Level, acquired the publicly held minority interest in a tender offer followed by a short-form merger. The putative class consists of those non-tendering Next Level stockholders whose shares were cashed out in…
2Cases cited10 opinions
- Zirn v. VLI Corp.Supreme Court of Delaware · 1996
- Skeen v. Jo-Ann Stores, Inc.Supreme Court of Delaware · 2000
- Salt Dome Oil Corp. v. SchenckSupreme Court of Delaware · 1945
- Tanzer v. International General Industries, Inc.Court of Chancery of Delaware · 1979
- Glassman v. Unocal Exploration Corp.Supreme Court of Delaware · 2001
5 more not listed; retrieve them via the Exa API.
3Cited by15 opinions
- Fidel v. FarleyCourt of Appeals for the Sixth Circuit · 2008
- In re Primedia, Inc. Shareholders LitigationCourt of Chancery of Delaware · 2013
- Gilliland v. Motorola, Inc.Court of Chancery of Delaware · 2005
- Anurag Mehta v. Mobile Posse, Inc.Court of Chancery of Delaware · 2019
- Cambria Equity Partners L.P. v. Relight Enterprises S.A.Court of Chancery of Delaware · 2021
10 more not listed; retrieve them via the Exa API.