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ALTA PARTNERS, LLC v. GETTY IMAGES HOLDINGS, INC.

22-cv-8916 (JSR) 23-CV-1074 (JSR).

700 F.Supp.3d 32 (2023)

ALTA PARTNERS, LLC, Plaintiff, v. GETTY IMAGES HOLDINGS, INC., Defendant. CRCM Institutional Master Fund (BVI) Ltd., and CRCM SPAC Opportunity Fund LP, Plaintiffs, v. Getty Images Holdings, Inc., Defendant.

United States District Court, S.D. New York.

Signed October 26, 2023.

Attorney(s) appearing for the Case

Counsel for plaintiff Alta Partners, LLC is Justin M. Sher, Brachah Goykadosh, Mark Elliot Cuccaro, Maya Brodziak, and Robert Maxwell Tanner of Sher Tremonte LLP; as well as Nicholas A. Gravante, Jr. of Cadwalader, Wickersham & Taft LLP.

Counsel for plaintiffs CRCM Institutional Master Fund (BVI) Ltd. and CRCM SPAC Opportunity Fund LP are Brian Douglas Hail of Crowell & Moring LLP; Michael C. Rakower and Travis James Mock of Rakower Law PLLC; Adam Michael Gogolak, Nathaniel Desmons Cullerton, and William D. Savitt of Wachtell, Lipton, Rosen & Katz; and Danielle Lauren Rose, Jay Y. Mandel, Kelly Spatola, and Ryan C. Mullaly of Kobre & Kim LLP.

Counsel for defendant Getty Images Holdings, Inc. is Chantale Fiebig, Evert John Christensen, John A. Neuwirth, Joshua Sanders Amsel, and Amanda Pooler of Weil, Gotshal & Manges LLP.

OPINION AND ORDER

Plaintiffs Alta Partners, LLC ("Alta"), CRCM Institutional Master Fund (BVI) Ltd., and CRCM SPAC Opportunity Fund LP (the latter two referred to collectively as "CRCM") held warrants to purchase shares of defendant Getty Images Holdings, Inc. ("Getty"). All agree that, under...

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