This Week in Chancery Court: Trump SPAC Cases Get Two Hearings

April 29, 2024, 9:00 AM UTC

Donald Trump’s blank-check merger will be the focus of preliminary hearings in separate cases before different judges in Delaware’s Chancery Court this week.

Here’s a look at more from the court’s calendar:

Monday: Fortis Advisors LLC v. Medtronic Minimed Inc., Del. Ch., No. 2023-1055, hearing 4/29/24.

At issue: A unit of the medical device giant Medtronic Plc is being sued by former investors in an acquisition, Companion Medical Inc., for allegedly acting to suppress its sales of two diabetes treatments as part of a scheme to miss revenue milestones that would have triggered post-deal payments. Medtronic, seeking to have ...

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