Issue of September 12th, 2007

Mercier Looks at Two Tests When Shareholder Vote’s an Issue

On its way to denying a motion for a preliminary injunction to stop the closing of a merger, the Court of Chancery grappled with the standard of review to be used in matters involving stockholder votes in the case Mercier v. Inter-Tel.    Full Story


Settlement Worth Up to $80 Mil. Reached in Stock Exchange Case

The parties to Ginsburg v. Philadelphia Stock Exchange Inc. were able to hammer out a settlement worth from $67 million to $80 million that was submitted Sept. 5 to the Court of Chancery for approval.    Full Story


Creative Bankruptcy Collection Gambit Works

A high-profile bankruptcy of Hollywood financial adviser Dana Giacchetto’s Cassandra Group company offers a lesson on how a bankruptcy trustee can creatively use state fraudulent transfer laws to maximize returns to creditors.    Full Story

NEWS IN BRIEF:

• Brockstedt Joins Bifferato Gentilotti
• Rogowski, Young Write Handbook
• Griffin Presents Testimony at Congressional Briefing
• Connolly Bove Backs ‘TechNite’ Event

To submit a story, ideas, or People in the News items,     contact John Manser.

Editor:	John F. Manser jmanser@alm.com	Phone: (800) 722-7670 - Ext: 2382    Fax : (215) 557-2301