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PLAINTIFFS BRIEF IN SUPPORT OF PROPOSED SETTLEMENT AND APPLICATION FOR ATTORNEYS FEES AND EXPENSES
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EXTRACTED KEY WORDS
SFX
FEES
MERGER
SETTLEMENT
DEFENDANTS
COUNSEL
COURT
EXPENSES
TYTEL
DEL
PROPOSED SETTLEMENT
COMMON STOCK
ATTORNEYS
SHAREHOLDERS
DELAWARE
PLAINTIFF
SILLERMAN
SFX ENTERTAINMENT
MERGER AGREEMENT
MARKET PRICE
SHAREHOLDERS LITIQ
MICHAEL LETIS
OPPENHEIMER
CERTIFICATION
AMENDED MOU
LITIGATION
MICHAEL TRAGER
WILLIAM ALLARD
TYPICALITY
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ORIGINAL
IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE
IN AND FOR NEW CASTLE COUNTY
__- - - - - - - -- - - - - - - x
HElRBERT BEHRENS,
P la intiff,
V . Civil Action No. 16355 NC
ROBERT F.X. SILLERMAN, HOWARD J. :
TYTEL, ARTHUR C. KAMINSKY,
MICHAEL LETIS, LOUIS J. OPPENHEIM, :
MICHAEL TRAGER, WILLIAM ALLARD,
ARTHUR W. BARRON, DONALD L. DELL, :
MYLES W. SCHUMER, THE MARQUEE
GROUP, INC. and SFX ENTERTAINMENT, :
INC.,
Defendants.
_ _ - - _ _ - _. _ _ - - - - - - - -;
PLAINTIFF'S BRIEF IN SUPPORT OF PROPOSED SETTLEMENT
AND APPLICATION FOR ATTORNEYS' FEES .AND EXPENSES
ROSENTHAL, MONHAIT, GROSS &
GODDESS, P.A.
Joseph A. Rosenthal
Norman M. Monhait
Suite 1401, Mellon Bank Center
P.O. Box 1070
Wilmington, Delaware 19899
(302) 656-4433
Attorneys for Plaintiff
OF COUNSEL:
ABBEY, GARDY & SQUITIERI, LLP
Arthur N. Abbey
Stephen J. Fearon, Jr.
212 East 39th Street
New York, New York 10016
(212) 889-3700
SNIPPETS:
IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE
PLAINTIFF'S BRIEF IN SUPPORT OF PROPOSED SETTLEMENT
AND APPLICATION FOR ATTORNEYS' FEES .AND EXPENSES
Discussions With Defendants Leading To
SFX And Marquee Restructure The Merger After
Cjitron v. Earle M. Jorqensen Co., Del.
&n Re Arcadian Corporation Shareholders Litig.,
In Re Chips and Technoloqies, Inc. Shareholders Litiq., Del.
and an award of counsel fees and expenses for
Plaintiff Herbert Behrens brought this Action on behalf
merger of Marquee by SFX Entertainment Inc.
Tytel Tr.
SFX's Class A common stock was trading at approximately
reduce the break-up fee in the Merger Agreement from $5,000,000 to
Under the Amended MOU, if the average market price of SFX common
Defendants Robert F.X. Sillerman, Howard J. Tytel, Arthur
Kaminsky, Michael Letis, Louis Oppenheimer, Michael Trager,
William Allard, Arthur R. Barron, Donald L. Dell, and Myles Schumer
and defendants Kaminsky, Letis, Oppenheimer
Class certification is proper if common questions ofi law
Typicality And Adequacy
of the fee; the difficulty of the litigation; and the
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