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8 Aug 2021, 10:03 am by Francis Pileggi
Judge LeGrow wrote that in keeping with the high court’s ruling in a coverage action for an appraisal suit in In Re Solera Insur. [read post]
13 Jul 2021, 5:51 am
In In re Solera Insurance Coverage Appeals, the Supreme Court reversed a lower court ruling, holding instead that an appraisal action was not a “Securities Claim”—and therefore, not a covered claim—under the at-issue D&O policy. [read post]
2 Nov 2020, 6:35 am by John Jascob
Vista Equity acquired Solera Holdings, Inc. in 2016, and that merger precipitated an appraisal action by dissenting shareholders. [read post]
31 Mar 2020, 1:50 pm by Kevin LaCroix
  The government’s emphasis on holding individuals accountable can drive up defense costs because each individual who is potentially a target will usually demand separate counsel because of potential conflicts. [read post]
5 Feb 2020, 8:54 am by Kevin LaCroix
Jan 31, 2019), where an individual (Davidi Jonas) served as Chairman of the insured company while simultaneously holding a controlling equity interest in Straight Path Communications, Inc., a former subsidiary of IDT, which had recently been spun-off. [read post]
26 Aug 2019, 8:52 am by Tamara D. Bruno
In a prior post, we reported an important ruling of first impression by the Delaware Superior Court that a shareholder appraisal action against Pillsbury’s client Solera Holdings Inc. was a “Securities Claim” under Solera’s directors and officers liability insurance policies. [read post]
§ 262, that Pre-Judgment Interest on an Appraisal Award May be a Covered “Loss” and that a Breach of Consent-to-Defense Clause does not Bar Coverage Absent Prejudice to Insurer Solera Holdings, Inc. v. [read post]
5 Aug 2019, 10:57 am by Michael S. Levine and Daniel Hentschel
A Delaware court held that an appraisal action, which includes $39 million in attorneys’ fees, prejudgment interest, and costs incurred in defending litigation that arose out of Solera Holdings Inc. [read post]
4 Sep 2018, 1:30 pm by Overhauser Law Offices, LLC
TSDR 5539349 HYV TSDR 5539348 BURSARS PROFESSIONAL CERTIFICATE TSDR 5542857 ARCHIE’S AUTO RECYCLERS, INC. [read post]
6 Aug 2018, 8:20 am by John Jascob
Evidence also demonstrates that the market for the stock was efficient and well-functioning, the court stated (In re Appraisal of Solera Holdings, Inc., July 30, 2018, Bouchard, A.). [read post]
1 Aug 2018, 12:10 pm by Overhauser Law Offices, LLC
TSDR 5512533 HYV TSDR 5512235 BURSARS PROFESSIONAL CERTIFICATE TSDR 5512203 ARCHIE’S AUTO RECYCLERS, INC. [read post]
26 Jan 2017, 6:11 am
In Solera Stockholders Litigation (Jan. 5, 2017), a former stockholder of Solera Holdings, Inc. sought post-closing damages in connection with the acquisition of Solera by Vista Equity Partners, a private equity firm, in a $3.7 billion merger. [read post]