Case Title: Ryan v. Gursahaney, et al.

Citation: 

Docket Number: 264, 2015

State: delaware

Court: Delaware Supreme Court

Date: 2015-11-19T00:00:00Z

Document:
IN THE SUPREME COURT OF THE STATE OF DELAWARE 
 
WALTER E. RYAN, JR., 
§  
 
 
 
 
§ 
No. 264, 2015 
 
Plaintiff Below-Appellant, 
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Court Below:  Court of Chancery 
v.  
§ 
of the State of Delaware, 
 
 
§  
in and for New Castle County 
NAREN GURSAHANEY, THOMAS  
§ 
C.A. No. 9992-VCP 
COLLIGAN, TIMOTHY DONAHUE, 
§ 
 
ROBERT DUTKOWSKY, BRUCE  
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GORDON, BRIDGETTE HELLER,  
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KATHLEEN HYLE, DINESH PALIWAL, § 
 
KEITH MEISTER, and CORVEX 
§ 
  
MANAGEMENT LP, 
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§ 
 
Defendants Below-Appellees,  
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§ 
 
and 
 
§ 
 
 
 
 
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THE ADT CORPORATION,  
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a Delaware corporation,  
§ 
 
 
 
 
 
§ 
 
Nominal Defendant Below-Appellee. § 
 
 
 
 
Submitted:   November 18, 2015 
Decided:   
November 19, 2015 
 
Before STRINE, Chief Justice; HOLLAND, VALIHURA, VAUGHN, and SEITZ, 
Justices, constituting the Court en Banc.  
O R D E R 
This 19th day of November 2015, having considered this matter on the briefs filed 
by the parties and after oral argument, we find it evident that the judgment of the Court of 
Chancery should be affirmed on the basis of and for the reasons assigned in its 
2 
 
well-reasoned April 28, 2015 decision dismissing the plaintiff’s complaint under Rule 
23.1 for failure to plead adequately that demand is excused as futile.1 
NOW, THEREFORE, IT IS ORDERED that the judgment of the Court of 
Chancery is AFFIRMED. 
 
 
 
 
 
 
BY THE COURT: 
 
 
 
 
 
 
/s/ Leo E. Strine, Jr. 
 
 
 
 
 
 
Chief Justice  
                                          
 
1 Ryan v. Gursahaney, 2015 WL 1915911 (Del. Ch. Apr. 28, 2015).