The defendant in Chambers v. Cooney, 2007 U.S. Dist. LEXIS 64932 (S.D. Ala. Aug. 29, 2007), threatened for more than a year to file suit against the plaintiffs, claiming a right to certain merger proceeds. The merger was consummated in January 2005, and negotiations continued on and off through late 2006. On May 9, 2007, the defendant’s lawyer forwarded a ...
The defendant in Chambers v. Cooney, 2007 U.S. Dist. LEXIS 64932 (S.D. Ala. Aug. 29, 2007), threatened for more than a year to file suit against the plaintiffs, claiming a right to certain merger proceeds. The merger was consummated in…