Supreme Court of Delaware, 2017

Salix Pharmaceuticals v. Chappel

Salix Pharmaceuticals v. Chappel
Supreme Court of Delaware · Decided January 26, 2017 · Strine C.J.

Salix Pharmaceuticals v. Chappel

Opinion

IN THE SUPREME COURT OF THE STATE OF DELAWARE SALIX PHARMACEUTICALS, LTD. § STOCKHOLDER LITIGATION § No. 308, 2016 § ROBERTA FEINSTEIN and REX § Court Below: Court of GONSALVES, § Chancery of the State of § Delaware Plaintiffs Below § Appellants, § C.A. No. 10721-CB § v. § § JOHN F. CHAPPELL, THOMAS W. § D’ALONZO, WILLIAM P. KEANE, MARK A. § SIRGO, VALEANT PHARMACEUTICALS § INTERNATIONAL, INC., VALEANT § PHARMACEUTICALS INTERNATIONAL, and § SUN MERGER SUB, INC., § § Defendants Below, § Appellees. § Submitted: January 25, 2017 Decided: January 26, 2017 Before STRINE, Chief Justice; HOLLAND and SEITZ, Justices.

ORDER This 26th day of January 2017, it appears to the Court that the judgment of the Court of Chancery should be affirmed for the reasons stated in its May 19, 2016 bench ruling.

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

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