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Genesco v. Finish Line
Case Number:
07-2137-II(III)
Start Date:
December 10, 2007
End Date:
December 18, 2007
Description:
M&A Multi-billion dollar breach of contract suit invoking material adverse effect clause. Lawsuit is filed by Genesco Inc. against The Finish Line Inc. for failure to complete its $1.5 billion purchase of Genesco.
Result:
Judge Lyle ruled that Finish Line breached its merger agreement with Genesco by not closing the $1.5 billion deal to buy the company and that it cannot invoke a termination clause in the agreement.
Judge:
Lyle, Ellen Hobbs
Courthouse:
  • Metro Courthouse
  • 1 Public Square
  • Nashville, TN 37201
Jurisdiction:
State Trial Court
Tennessee Court of Chancery

Witnesses

  • Gulni, James
  • Pennington, Hal
  • Friedland, David
  • Dennis, Robert
  • Rock, Robert J
  • Winkler, Evan
  • Deetz, James
  • Cohen, Alan
  • Schnieder, Steve
  • Bronner, David
  • Saunders, Anthony
  • Hitscherich, Donna
  • Weil, Roman
  • Cantrell, Duane
  • Estepa, James