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Capital LLC; (2) permitted fiduciary duty claims against the directors to proceed based on allegations related to the deal protection mechanisms in the merger agreement, including termination fees potentially payable to HIG of up to 13% of the equity value of the transaction; and (3) dismissed a claim against HIG for aiding and abetting the board's breach of fiduciary duty. [read post]
13 Feb 2023, 5:59 am by Kevin LaCroix
[i] The P3 Health Group litigation was commenced by a minority owner of P3 Health Group Holdings, LLC (“P3”), Hudson Vegas Investments, LLC (“Hudson”), which challenged P3’s de-SPAC merger. [read post]
24 Jun 2021, 9:29 am by Dan Bressler
Capital LLC was “obvious” in documents prepared for a sanctions hearing Monday. [read post]
25 Apr 2011, 6:32 am by Peter B. Ladig
Capital LLC (HIG) and a group of Allion stockholders who together owned about 41 percent of Allion’s common stock. [read post]
4 Dec 2014, 12:00 pm by Jason M. Halper
Capital LLC; (2) permitted fiduciary duty claims against the directors to proceed based on allegations related to the deal protection mechanisms in the merger agreement, including termination fees potentially payable to HIG of up to 13% of the equity value of the transaction; and (3) dismissed a claim against HIG for aiding and abetting the board’s breach of fiduciary duty. [read post]