Title: Black et al. v. Hollinger International, Inc. and Cardinal Value Equity Partners, LP

State: delaware

Issuer: Delaware Supreme Court

Document:

IN THE SUPREME COURT OF THE STATE OF DELAWARE 
 
CONRAD M. BLACK, HOLLINGER, 
INC. and 504468 N.B., INC., 
 
Defendants Below- 
Appellants, 
 
v. 
 
HOLLINGER INTERNATIONAL, INC., 
 
Plaintiff Below- 
Appellee 
 
and 
 
CARDINAL VALUE EQUITY 
PARTNERS, LP, 
 
Intervenor Below- 
Appellee. 
§ 
§ 
§  No.  131, 2004 
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§ 
§ 
§ 
§ 
§ 
§  Court Below—Court of Chancery 
§  of the State of Delaware, 
§  in and for New Castle County 
§  C.A. No. 183-N 
§ 
§ 
§ 
§ 
§ 
§ 
§ 
 
Submitted: April 2, 2004 
  Decided: April 23, 2004 
 
Before HOLLAND, BERGER, and STEELE, Justices. 
 
 
O R D E R 
 
This 23rd day of April 2004, it appears to the Court that: 
(1) 
The defendants below, Conrad M. Black, Hollinger, Inc., and 504468 
N.B., Inc., have petitioned this Court, pursuant to Supreme Court Rule 42, to 
appeal from an interlocutory ruling of the Court of Chancery entered on March 4, 
2004.  The Court of Chancery’s order, in part, granted the plaintiff’s motion for a 
 
 
-2-
preliminary injunction against a transaction known as “the PHIL transaction” and 
against further breaches of a restructuring proposal dated November 15, 2003 
between defendant Conrad Black and plaintiff Hollinger International. 
(2) 
On March 22, 2004, the Court of Chancery denied the defendants’ 
application to certify an interlocutory appeal to this Court. 
(3) 
Applications for interlocutory review are addressed to the sound 
discretion of this Court and are granted only in extraordinary cases. 
(4) 
In the exercise of its discretion, this Court has concluded that the 
application for interlocutory review does not meet the requirements of Supreme 
Court Rule 42(b) and should be refused. 
NOW, THEREFORE, IT IS HEREBY ORDERED that the within 
interlocutory appeal is REFUSED.   
BY THE COURT: 
 
/s/ Carolyn Berger 
Justice