I need sleep

https://thechancerydaily.substack.com/p/amc-movie-theatre-meme-stock-whats

They are doing introductions and it sounds like mainly and unsurprisingly, it's going to be John Neuwirth from Weil for AMC and Mark Lebovitch and Ed Timlin from BLBG will be handling argument for the plaintiffs. Corinne Amato is also on the line as the proposed special master. Every has their teams, and there are all the other auxiliary teams on the line as well.

We're ready to rumble.

#AMC #DelawareCourtOfChancery #ChanceryDaily

1/

And we're off, Zurn is on the line. We're doing formal introductions so everyone gets their name on the record.

2/

#AMC #DelawareCourtOfChancery #ChanceryDaily

Zurn points out "as you also know, in the typical case, the parties initiate the settlement approval process by filing a stipulation and agreement of settlement which discloses the terms and a proposed scheduling order for presenting the settlement for approval, and a proposed notice to be sent to the stockholders, [but] the parties haven't filed any of these typical items in this case yet, so I'm unusually a little bit in this dark as to the terms and parties' proposed timelines."

Ahem.

3/

Mark says that they are going to be ready within a day or two to put in the stipulation. He offers to use the call as a sort of "FAQ" while they have such a large audience to answer some "commonly misunderstood items" but Zurn says she wants to stick to her plan of using this time for procedural issues, as she promised in her letter and to handle substantive issues in the plaintiff's brief in support of the settlement.

4/