Claims Against Private Equity Firm by Minority Equity Holders Dismissed in Delaware Chancery Action

Finance and restructuring partner Andrew Kassner and counsel Joseph Argentina co-authored an article for The Legal Intelligencer titled, “Claims Against Private Equity Firm by Minority Equity Holders Dismissed in Delaware Chancery Action.”

The article discusses a motion granted by the Delaware Court of Chancery to dismiss a complaint filed by two minority equity holders against the majority holder private equity firm and third party involved in the merger for failure to state claims for breach of the implied covenant of good faith and fair dealing, tortuous interference with contractual relations, and for unjust enrichment.

The full article is available to The Legal Intelligencer subscribers.