Teamsters Local 443 Health Services & Insurance Plan v. Cencora, Inc.

Supreme Court of Delaware

Teamsters Local 443 Health Services & Insurance Plan v. Cencora, Inc.

DecidedSeptember 20, 2024

Docket5, 2024

StatusPublished

This text of Teamsters Local 443 Health Services & Insurance Plan v. Cencora, Inc. (Teamsters Local 443 Health Services & Insurance Plan v. Cencora, Inc.) is published on Counsel Stack Legal Research, covering Supreme Court of Delaware primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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Teamsters Local 443 Health Services & Insurance Plan v. Cencora, Inc., (Del. 2024).

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Opinion

IN THE SUPREME COURT OF THE STATE OF DELAWARE

TEAMSTERS LOCAL 443 HEALTH § SERVICES & INSURANCE PLAN, § ST. PAUL ELECTRICAL § CONSTRUCTION PENSION PLAN, § ST. PAUL ELECTRICAL § CONSTRUCTION WORKERS § SUPPLEMENTAL PENSION § PLAN (2014 RESTATEMENT) and § RETIREMENT MEDICAL § FUNDING PLAN FOR THE ST. § PAUL ELECTRICAL WORKERS, § § No. 5, 2024 Plaintiffs Below, § Appellants, § Court Below—Court of Chancery § of the State of Delaware v. § § C.A. No. 2019-0816 CENCORA, INC. (f/k/a § AmerisourceBergen Corporation), § § Nominal Defendant Below § Appellee, § § v. § DENNIS M. NALLY, as the Special § Litigation Committee of the Board of § Directors of Cencora, Inc., (f/k/a § AmerisourceBergen Corporation), § § Interested Party Below, § Appellee. §

Argued: September 11, 2024 Decided: September 20, 2024

Before SEITZ, Chief Justice; VALIHURA, TRAYNOR, LeGROW, and GRIFFITHS, Justices, constituting the Court en Banc. ORDER This 20th day of September, 2024, after consideration of the parties’ briefs, the

argument of counsel, and the record on appeal, it appears to the Court that the

judgment of the Court of Chancery should be affirmed on the basis of and for the

reasons stated in its November 17, 2023 Memorandum Opinion.

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

Chancery be AFFIRMED.

BY THE COURT:

/s/ Gary F. Traynor Justice

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IN THE SUPREME COURT OF THE STATE OF DELAWARE

TEAMSTERS LOCAL 443 HEALTH § SERVICES & INSURANCE PLAN, § ST. PAUL ELECTRICAL § CONSTRUCTION PENSION PLAN, § ST. PAUL ELECTRICAL § CONSTRUCTION WORKERS § SUPPLEMENTAL PENSION § PLAN (2014 RESTATEMENT) and § RETIREMENT MEDICAL § FUNDING PLAN FOR THE ST. § PAUL ELECTRICAL WORKERS, § § No. 5, 2024 Plaintiffs Below, § Appellants, § Court Below—Court of Chancery § of the State of Delaware v. § § C.A. No. 2019-0816 CENCORA, INC. (f/k/a § AmerisourceBergen Corporation), § § Nominal Defendant Below § Appellee, § § v. § DENNIS M. NALLY, as the Special § Litigation Committee of the Board of § Directors of Cencora, Inc., (f/k/a § AmerisourceBergen Corporation), § § Interested Party Below, § Appellee. §

Argued: September 11, 2024 Decided: September 20, 2024

Before SEITZ, Chief Justice; VALIHURA, TRAYNOR, LeGROW, and GRIFFITHS, Justices, constituting the Court en Banc. ORDER This 20th day of September, 2024, after consideration of the parties’ briefs, the

argument of counsel, and the record on appeal, it appears to the Court that the

judgment of the Court of Chancery should be affirmed on the basis of and for the

reasons stated in its November 17, 2023 Memorandum Opinion.

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

Chancery be AFFIRMED.

BY THE COURT:

/s/ Gary F. Traynor Justice

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Teamsters Local 443 Health Services & Insurance Plan v. Cencora, Inc., Counsel Stack Legal Research, https://law.counselstack.com/opinion/teamsters-local-443-health-services-insurance-plan-v-cencora-inc-del-2024.