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Air Products Presiding Director William Davis Testifies

Posted by msch on Jan 25, 2011 10:46:00 AM

In Air Products v. Airgas, today's second witness, Air Products' presiding director William Davis, testified that he was not aware of any instances in which a board of directors viewed its offer as adequate and yet nonetheless removed the company's defenses so as to facilitate the offer.

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Topics: Securities, Air Products v. Airgas

CFO Paul Huck Testifies in Air Products v. Airgas

Posted by msch on Jan 25, 2011 9:46:00 AM

The first witness to testify in the Air Products v. Airgas trial webcast live by CVN was Air Products CFO Paul Huck, who has led the acquisition effort for Air Products.

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Topics: Securities, Air Products v. Airgas

Air Products v. Airgas Trial Resumes

Posted by msch on Jan 24, 2011 10:00:00 AM

The Wall Street Journal said that the upcoming Air Products v. Airgas trial would deliver "one of the most significant [corporate law] decisions in a generation, one that could could affect the balance of power between boards and shareholders."

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Topics: Securities, Air Products v. Airgas

Citi's Sale of Student Loan Corp. To Proceed

Posted by msch on Dec 2, 2010 6:56:00 PM

In Kahn v. Student Loan Corporation, Vice-Chancellor Travis Laster refused to enjoin Citi Group's sale of Student Loan Corporation (SLC) for $600M. Citi owned 80% of SLC.

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Topics: Securities

Yucaipa v. Barnes & Noble Trial Begins

Posted by msch on Jul 8, 2010 10:15:00 AM

Yucaipa chairman Ron Burkle was the first witness to testify this morning in CVN's gavel-to-gavel webcast of Yucaipa Companies v. Barnes & Noble.

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Topics: Securities, Yucaipa v. Barnes & Noble