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Liberty Media v. IAC/Interactive Corp - Trial
Overview
Case Name:
Liberty Media v. IAC/Interactive Corp - Trial
Case Number:
3501-VCL
Start Date:
March 10, 2008
End Date:
March 14, 2008
Description:
IACs Barry Diller wants to spin off IAC into a five different parts, and switch to a single tier voting structure. This move would effectively halve Liberty Medias voting power in IAC, which is currently 62%. As a result of previous dealings, Diller has proxy control of Liberty Medias shares in IAC. Libertys John Malone is suing to stop the restructuring and oust Diller, claiming that he is breaching stewardship and his contract.
Parties
- Plaintiff - Liberty Media
- Defense - IAC/Interactive
Location & Judge
Judge:
Stephen P Lamb
Courthouse:
New Castle County Courthouse
500 North King Street
Wilmington, DE 19801
courts.delaware.gov/Courts/Court%20of%20Chancery/
500 North King Street
Wilmington, DE 19801
courts.delaware.gov/Courts/Court%20of%20Chancery/
Jurisdiction:
State Trial Court
Delaware Court Of Chancery
Delaware Court Of Chancery