In re FIRST INTERSTATE BANCORP CONSOLIDATED SHAREHOLDER LITIGATION
Court of Chancery of Delaware, New Castle County.https://leagle.com/images/logo.png
Submitted: August 11, 1998.
Decided: October 7, 1998.
Attorney(s) appearing for the Case
R. Bruce McNew, of Taylor, Gruver & McNew, Greenville, of counsel: Joseph W. Cotchett, Marie Seth Weiner, of Cotchett, Pitre & Simon, Burlingame, CA, Maxwell M. Blecher, Harold R. Collins, Jr., of Blecher & Collins, P.C., Los Angeles, CA, for Plaintiff and the Class.
Steven J. Rothschild, Robert S. Saunders, of Skadden, Arps, Slate, Meagher & Flom, LLP, Wilmington, for Defendant First Interstate and the Management Directors: William S. Randall and William E.B. Siart.
Jon E. Abramczyk, of Morris, Nichols, Arsht & Tunnell, Wilmington, of counsel: Richard H. Borow, P.C., David Siegel, of Irell & Manella, LLP, Los Angeles, CA, for the Defendant Non-Management Former Directors: John E. Bryson, Jewel Plummer Cobb, Ralph P. Davidson, Myron DuBain, Don C. Frisbee, George M. Keller, Thomas L. Lee, William F. Miller, Steven B. Sample, Forrest N. Shumway, Richard J. Stegemeier and Daniel M. Tellep.
Michael D. Goldman, Stephen C. Norman, Gregory M. Johnson, of Potter, Anderson & Corroon, LLP, Wilmington; of counsel: Richard F. Ziegler, Howard S. Zelbo, of Cleary, Gottlieb, Steen & Hamilton, New York City; Brad W. Seiling, of Manatt, Phelps & Phillips, Los Angeles, CA, for Defendant First Bank System, Inc.
Court of Chancery of Delaware, New Castle County.
OPINION
LAMB, Vice Chancellor.
I. INTRODUCTION
These consolidated cases arise out of a merger agreement between defendant First Interstate Bancorp ("First Interstate")1 and defendant First Bank System, Inc. ("First Bank"),2 approved by the defendant directors of First Interstate3 on November 6, 1995. This agreement was later terminated for a more favorable transaction...
Let's get started
Welcome to the leading source of independent legal reporting Sign on now to see your case. Or view more than 10 million decisions and orders.
Updated daily.
Uncompromising quality.
Complete, Accurate, Current.
Listed below are the cases that are cited in this Featured Case. Click the citation to see the full
text of the cited case. Citations are also linked in the body of the Featured Case.
Cited Cases
No Cases Found
Listed below are those cases in which this Featured Case is cited. Click on the case name to see the
full text of the citing case.