MHR Capital Partners LP v. Presstek, Inc.
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
OPINION OF THE COURT
Buckley, J.
In 2003, defendant Presstek and its wholly owned subsidiary, defendant Silver Acquisitions Corp. (Silver), began to explore the possibility of purchasing A.B. Dick Company (ABD) from its parent, Paragon Corporate Holdings, Inc. (Paragon). Those entities negotiated a Stock Purchase Agreement, which incorporated ancillary agreements, including one whereby plaintiffs, MHR Capital Partners LP and its affiliates (collectively, MHR), major creditors of ABD, waived rights they held under ABD notes in return for payment of cash and Presstek stock.
On June 16, 2004,…
2Cited by6 opinions
- MHR Capital Partners LP v. Presstek, Inc.New York Court of Appeals · 2009
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- DeBlasio v. City of New YorkNew York Supreme Court · 2009
- GATTI, SARAHANN v. SCHWAB, RODGER J.Appellate Division of the Supreme Court of the State of New York · 2016
- MHR CAPITAL PARTNERS LP v. Presstek, Inc.New York Court of Appeals · 2008
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