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TOP NEWS
Delaware Chancery Keeps $8.9B R1 RCM Buyout Claim Alive
By Jarek Rutz
The Delaware Chancery Court has ruled that private equity firm TowerBrook Capital Partners LP and health system Ascension Health Alliance must face a stockholder claim challenging healthcare revenue management venture R1 RCM Inc.'s $8.9 billion take-private deal, finding that their joint investment vehicle qualified as a controlling stockholder despite owning less than one-third of the company's voting shares.
Opinion attached |
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LITIGATION
Camp Lejeune Plaintiffs Blast 'Absurd' Lone Pine Motion
By Mike Curley
Plaintiffs in massive multidistrict litigation over toxic water at the Camp Lejeune military base are urging a North Carolina federal court to reject the federal government's bid for a Lone Pine motion requiring claimants to submit proof of their claims, saying it would delay the litigation by years, if not decades, and cause the plaintiffs' costs to skyrocket.
Memorandum attached |
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EXPERT ANALYSIS
LEGAL INDUSTRY
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