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1
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MEMORANDUM OPINION (REVISED PAGES)
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EXTRACTED KEY WORDS
LITIGATION FEE MENTOR SHAREHOLDERS INVESTMENT DEFENDANTS DELAWARE DUNKIN ATTORNEYS COSTS COURT PRESUMPTION LAWSUITS RESPONSE ENTITLEMENT CORPORATE CONTROL DONUTS DEL TARGET COMPANY PROFIT KINGSBRIDGE SUCCESSFUL QUICKTUM SHAREHOLDER LOSING HOSTILE BIDDER PRINCIPLE REASONS PUBLIC STOCKHOLDERS CHANDLER CARROLL |
IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE
IN AND FOR NEW CASTLE COUNTY
MENTOR GRAPHICS 1
CORPORATION, an Oregon 1
corporation, and MGZ Corp., 1
a Delaware corporation, 11
Plaintiffs, ) C.A. No. 16584-NC
1
V. 1
1
QUICKTURN DESIGN SYSTEMS, )
INC., a Delaware corporation, et. al., )
>
Defendants. 1
MENTOR GRAPHICS )
CORPORATION, an Oregon )
corporation, and MGZ Corp., )
a Delaware corporation, >) C.A. No. 16843-NC
Plaintiffs, >1
V. >1
KEITH R. LOBO, et. al., )>
Defendants.
OPINION
Date Submitted: February 2,200 1
Date Decided: August 14,200l
Date Revised: August 16,200l
connection is presumed to exist, and the defendants have shown nothing to
rebut that presumption.
The defendants do not dispute Mentor's argument that its two lawsuits
satisfy the aforementioned three criteria. Rather, their response is that in all
events, Mentor's fee application must fail on two separate and independent
grounds. The first is that whatever entitlement a differently situated
Quicktum shareholder might otherwise have to seek an attorneys' fee,
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2
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MEMORANDUM OPINION
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EXTRACTED KEY WORDS
MENTOR COURT PLAINTIFFS FEE DELAWARE ATTORNEYS QUICKTURN SHAPIRO BIDDER SHAREHOLDERS QUICKTUM DESIGN SYSTEMS STOCKHOLDERS LITIGATION DONUTS DEFENDANTS ACQUISITION COMMON FUND TARGET COMPANY KINGSBRIDGE HOSTILE BIDDER DELAWARE LAW DRP COUNSEL FEES WILMINGTON CORPORATE CONTROL TANDYCRAFTS INCENTIVES SUCCESSFUL |
IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE
IN AND FOR NEW CASTLE COUNTY
MENTOR GRAPHICS )
CORPORATION, an Oregon >
corporation, and MGZ Corp., )
a Delaware corporation, ))
Plaintiffs, 1 C.A. No. 16584-NC
1
V. 1
>
QUICKTURN DESIGN SYSTEMS, )
INC., a Delaware corporation, et. al., )
>
Defendants. 1
MENTOR GRAPHICS 1
CORPORATION, an Oregon 1
corporation, and MGZ Corp., 1
a Delaware corporation, >> C.A. No. 16843-NC
Plaintiffs, 1>
V. >>
KEITH R. LOBO, et. al., 1>
Defendants.
OPINION
Date Submitted: February 2,200 1
Date Decided: August 14,200l
Kevin G. Abrams, Thomas A. Beck, J. Travis Laster and Christine M.
Morabito, Esquires of RICHARDS LAYTON & FINGER, Wilmington,
Delaware; and Marc W. Rappel, Esquire, LATHAM & WATKINS, Los
Angeles, California; Attorneys for Plaintiffs
Norman M. Monhait, Esquire of ROSENTHAL MONHAIT GROSS &
GODDESS, P.A., Wilmington, Delaware; and Stanley D. Bernstein, Esquire
of BERNSTEIN LIEBHARD & LIFSHITZ, LLP; Attorneys for Class
Plaintiff, Howard Shapiro
David C. McBride and Danielle Gibbs, Esquires of YOUNG, CONAWAY
STARGATT & TAYLOR, Wilmington, Delaware; and Wayne W. Smith,
Thomas S. `Jones and Elizabeth .A. Warke, Esquires of GIBSON .DUNN &
CRUTCHER LLP, Irvine, California; Attorneys for Defendants, Cadence
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3
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PLAINTIFFS REPLY BRIEF IN SUPPORT OF THEIR MOTIONS FOR ATTORNEYS FEES
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EXTRACTED KEY WORDS
QUICKTURN LITIGATION COURT DEL DRP LITIGATION SUPR STOCKHOLDERS DELAWARE NOMINEES MENTOR MOTION DONUTS DUNKIN FEE AWARD ATTORNEYS PROXY CONTEST SUPREME COURT DIRECTORS STOCKHOLDER PLAINTIFFS TANDVCRAFTS ALLIED ARTISTS TANDYCRAFTS FIDUCIARY DUTIES RIGHTS PLAN SHAREHOLDERS CONTROLLING RECOVER FEES QUICKTURN DESIGN AUTHORITIES |
IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE
IN AND FOR NEW CASTLE COUNTY
MENTOR GRAPHICS CORPORATION, )
an Oregon corporation, and MGZ CORP., a )
Delaware corporation, 11
Plaintiffs, i) Civil Action No. 16584-NC LJ
V.
QUICKTURN DESIGN SYSTEMS, INC., a )
Delaware corporation, et. al.
r
Defendants. >
____________"_______---------------"----------------
>
MENTOR GRAPHICS CORPORATION, )
an Oregon corporation, and MGZ CORP., a )
Delaware corporation,
i
Plaintiffs,
;
V. ) Civil Action Nom-G
KEITH R. LOBO, et. al. ;
Defendants.
PLAINTIFFS' REPLY BRIEF IN SUPPORT
OF THEIR MOTIONS FOR ATTORNEYS' FEES
Of Counsel: K.evin G. Abrams
Thomas A. Beck
Marc W. Rappel J. Travis Laster
Latham & Watkins One Rodney Square :
633 West Fifth Street, Suite 4000 P.O. Box 551
Los Angeles, California 9007 1 Wilmington, Delaware 19899
(213) 485-1234 (302) 658-6541
Attorneys for Plaintiffs
Dated: November 1.2000
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4
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CLASS PLAINTIFFS BRIEF IN OPPOSITION TO MENTOR GRAPHICS MOTION FOR ATTORNEY FEES
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EXTRACTED KEY WORDS
SHAPIRO QUICKTURN FEES SHAREHOLDER COURT HOSTILE BIDDER MENTOR GRAPHICS DEL CADENCE PLAINTIFF DESIGN SYSTEMS LITIGATION DELAWARE MERGER EXPENSES ATTORNEYS MOTION DUNKIN DONUTS SUPR MERGER AGREEMENT PRICE ACQUISITION COUNSEL AWARD SETTLEMENT FACTS ESQUIRE DIRECTORS |
ORIGINAL
IN THE COURT OF CHANCERY IN THE STATE OF DELAWARE
IN AND FOR NEW CASTLE COUNTY
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MENTOR GRAPHICS CORPORATION,
an Oregon corporation, and MGZ CORP., a :
Delaware corporation,
Plaintiffs.
V.
QUICKTURN DESIGN SYSTEMS, INC., a
Delaware corporation, et al.,
Defendants.
-----------------------------------------------------------------x
MENTOR GRAPHICS CORPORATION, an :
Oregon corporation, and MGZ Corp., a c ,:
Delaware corporation, :
Plaintiffs,
V. C.A. No. l3%3%C
KEITH R. LOBO, et al.,
Defendants.
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CLASS PLAINTIFF'S BRIEF IN OPPOSITION TO MENTOR
GRAPHICS CORPORATION'S MOTION FOR ATTORNEYS' FEES
ROSENTHAL, MONHAIT, GROSS &
GODDESS, ,P.A.
Suite 1401, Mellon Bank Center
919 N. Market Street
P.O. Box 1070
(302) 656-4433
Attorneys for Class Plaintiff
0 #F COUNSEL: Howard Shapiro
BERNSTEIN LIEBHARD & LIFSHITZ, LLP
10 East 40th Street
New York, NY 10016
(212) 779-1414
September 12, 2000
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