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In re Loral Space & Communications, Inc. Consolidated Litigation
Case Number:
2808-VCS
Start Date:
March 03, 2008
End Date:
March 07, 2008
Description:
**ATTORNEY FEES HEARING**
The Shareholder Derivative Litigation arose out of the Company's sale of $300 million of preferred stock to funds affiliated with MHR Fund Management LLC ("MHR") pursuant to the Securities Purchase Agreement dated October 17, 2006, as amended and restated on February 27, 2007 (the "Securities Purchase Agreement"). The plaintiffs, certain stockholders of Loral, alleged, among other things, that the sale was not fair to the Company and resulted from breach of fiduciary duties by Loral's directors.
Judge:
Strine, Leo E
Courthouse:
  • New Castle County Courthouse
  • 500 North King Street
  • Wilmington, DE 19801
  • Court Website
Jurisdiction:
State Trial Court
Delaware Court Of Chancery

Witnesses

  • Harkey, John D
  • Simon, Arthur L
  • Jacquin, David
  • Smith, Andrew
  • Strine, Leo
  • Townsend, Richard
  • Targoff, Michael B
  • Sung, Donald
  • Dondero, James
  • Murray, Marti
  • Rachesky, Mark