This Week in Chancery Court: Viacom Investors May Get Settlement

July 24, 2023, 9:00 AM UTC

Long-running litigation led by Viacom Inc. shareholders who say they got shortchanged in the company’s merger with CBS Corp. may be nearing an end. A proposed $122.5 million settlement in the case has been scheduled for consideration this week in Delaware’s Chancery Court.

More noteworthy cases from the court’s calendar:

Monday: EnVen Energy Corp. v. Dunwoody, Del. Ch., No. 2019-0579, trial 7/24/23.

At issue: Oil exploration company EnVen Energy Corp. sued its former president, David Dunwoody Jr., in July 2019, alleging business with one of the Houston-based company’s pipe vendors generated about ...

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