Good afternoon, it must be almost Friday as this is turning into a
Friday question. I am trying to find the final written judgment/reasons
in this case. I have tried all the usual suspects and cannot find any
written ruling. I can find commentary discussing it but not an actual
official document. I would appreciate any and all assistance.
Genesco v. Finish Line
Case Number:
07-2137-II(III)
Start Date:
December 10, 2007
End Date:
December 18, 2007
Description:
M&A Multi-billion dollar breach of contract suit invoking material
adverse effect clause. Lawsuit is filed by Genesco Inc. against The
Finish Line Inc. for failure to complete its $1.5 billion purchase of
Genesco.
Result:
Judge Lyle ruled that Finish Line breached its merger agreement with
Genesco by not closing the $1.5 billion deal to buy the company and that
it cannot invoke a termination clause in the agreement.
Judge:
Lyle, Ellen Hobbs
Courthouse:
* Metro Courthouse
* 1 Public Square
* Nashville, TN 37201
*
Jurisdiction:
State Trial Court
Tennessee Court of Chancery
Dawn Urquhart
Librarian, Aird & Berlis LLP
durquhart@airdberlis.com
Phone: 416.865.7756
Fax: 416.863.1515
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