In re Blyth, Inc. Stockholders Litigation, Consol. C.A. No. 11464-VCG (Del. Ch. 2015)
Ross Aronstam & Moritz, together with Wachtell, Lipton, Rosen & Katz, represented Blyth, Inc. and its directors in connection with stockholder litigation challenging Blyth's acquisition by the Carlyle Group in a merger under 8 Del. C. § 251(h). Before closing, the stockholder plaintiffs moved for expedited proceedings in support of a motion for preliminary injunction to enjoin the transaction. On October 1, 2015, the Court of Chancery denied expedition. The stockholder plaintiffs subsequently voluntarily dismissed their claims.
Read the transcript of the Court's October 1, 2015 ruling denying expedited proceedings