Ruling on what he called a "novel question of law," Delaware Chancellor Leo Strine Jr. rejected a shareholder suit against Perelman, his company's board, and a special committee that approved the 2011 buyout that took MacAndrews & Forbes private. Paul Weiss, Skadden, and Willkie Farr led the defense.
Ron Perelman Going Private Deal Gets Nod from Strine
The Litigation Daily
May 30, 2013
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