Park Employees' & Retirement Board Employees' v. Smith

• Court: Supreme Court of Delaware
• Decided: November 27, 2017
• Docket: 198, 2017
• Status: Published

Opinion

IN THE SUPREME COURT OF THE STATE OF DELAWARE

PARK EMPLOYEES’AND § RETIREMENT BOARD EMPLOYEES’ § ANNUITY AND BENEFIT FUND OF § CHICAGO, derivatively and on behalf § of BioScrip, Inc., § No. 198, 2017 § Plaintiff Below, § Appellant, § § Court Below—Court of Chancery v. § of the State of Delaware § RICHARD M. SMITH, MYRON Z. § C.A. No. 11000-VCG HOLUBIAK, CHARLOTTE W. § COLLINS, SAMUEL P. FRIEDER, § DAVID R. HUBERS, RICHARD L. § ROBBINS, STUART A. SAMUELS, § GORDON H. WOODWORD, § KIMBERLEE C. SEAH, HAI V. TRAN, § PATRICIA BOGUSZ, KOHLBERG & § CO., L.L.C., KOHLBERG § MANAGEMENT V, L.L.C., § KOHLBERG INVESTORS V, L.P., § KOHLBERG PARTNERS V, L.P., § KOHLBERG TE INVESTORS V, L.P., § KOCO INVESTORS V, L.P. and § JEFFERIES LLC, § § Defendants Below, § Appellees, § § and § § BIOSCRIP, INC., § § Nominal Defendant Below, § Appellee. §

Submitted: November 15, 2017 Decided: November 27, 2017 Before STRINE, Chief Justice; VALIHURA, VAUGHN, SEITZ, and TRAYNOR, Justices, constituting the Court en Banc.

ORDER

This 27th day of November 2017, it appears to the Court that the judgment of

the Court of Chancery should be affirmed on the basis of and for the reasons assigned

in its order dated May 31, 2016.1

NOW, THEREFORE, IT IS ORDERED that the judgment of the Court of

Chancery is hereby AFFIRMED.

BY THE COURT: /s/ Leo E. Strine, Jr. Chief Justice

1 Park Emps.’ & Ret. Bd. Emps.’ Annuity & Benefit Fund of Chicago v. Smith, 2016 WL 3223395 (Del. Ch. May 31, 2016).