Court Opinion

ID: 9750902
Source: CourtListenerOpinion
Date Created: 2023-08-28 15:46:17.413771+00
Date Added: 2024-06-11T07:26:28.387251
License: Public Domain

BERGER, Justice,
with whom RIDGELY, President Judge, joins dissenting.
The majority’s thorough and well reasoned decision reverses the trial court’s equally thorough and well reasoned decision. According to the majority, the Court of Chancery did not err in its legal analysis, but in its evaluation of the facts — particularly with respect to the Special Committee members’ independence, level of knowledge and involvement in the negotiations. The trial court recognized these issues and was satisfied, after six days of trial, that the Special Committee members were “informed, active and loyal to the interests of Tremont.” That finding is supported by the record and should be accorded deference. I respectfully dissent.