This Week in Chancery Court: Sirius-Pandora, Hycroft Mining (Correct)

Jan. 8, 2024, 10:17 AM UTCUpdated: Jan. 8, 2024, 3:05 PM UTC

At Delaware Chancery Court this week, Sirius XM Holdings Inc. goes to bat for a $23.5 million settlement in a case over its acquisition of Pandora Media Inc., while Hycroft Mining Holding Corp. seeks dismissal of a shareholder suit at oral argument. .

Here’s a look at the rest of the court’s calendar:

Monday: Tornetta v Maffei, Del. Ch., No. 2019-0649, hearing 1/8/24.

At issue: Plaintiffs led by former musician Richard Tornetta allege that Sirius XM, in its buyout of Pandora, pressured the Pandora board into striking a deal. Former Pandora directors, now at the satellite radio ...

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