In re Delphi Financial Group Shareholder Litigation, Consolidated C.A. No. 7144-VCG (Del. Ch. 2012)
Our firm represented inside directors and officers of Delphi Financial Group, Inc. in a consolidated stockholder action in the Delaware Court of Chancery challenging Tokio Marine's $2.7 billion acquisition of Delphi (In re Delphi Financial Group Shareholder Litigation). The Court of Chancery denied plaintiffs' motion to preliminarily enjoin the stockholder vote on the pending transaction on March 6, 2012, and the transaction successfully closed in May 2012.