In Re Dynegy Inc. Shareholders Litigation, C.
A. No. 5739-VCS (Del. Ch. Mar, 16, 2011), read letter ruling here. This
three-page letter decision is short on length but long on potential
significance. It should be read as a postscript to the report of the Special
Counsel in Scully v. Nighthawk that...
Scully v. Nighthawk is a
recent Delaware Court of Chancery case involving multi-state class action
litigation, highlighted on these pages here, in
which the issue was raised about forum shopping and settlements of suits in
multi-state corporate cases that could be potentially collusive.