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In re CNX Gas Corp. Shareholders Litigation, C.A. No. 5377-VCL (Del. Ch. May 25, 2010)
Ross Aronstam & Moritz attorneys represented natural gas leader CNX Gas Corporation in litigation concerning CONSOL Energy Inc.’s nearly $1 billion going private transaction for the approximately 16.5% of CNX Gas that CONSOL did not already own. CONSOL and CNX Gas successfully defeated a motion to preliminarily enjoin CONSOL’s first step tender offer in May 2010 and CONSOL’s second step short-form merger was effectuated in June 2010.
