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O’Melveny’s Representation of ATM Acquisition Corp.’s CEO Noted in Thomson Reuters Westlaw Journal, Hedge Fund Law ReportMarch 21, 2012
Thomson Reuters Westlaw Journal’s March 19, 2012’s “Delaware Judge Tosses Charges of ‘Rigged’ Asset Sale,” details a Delaware Chancery Court's chief judge’s dismissal of all charges against ATM Acquisition Corp. CEO/Director Mark Hoppe and two directors of H.I.G. Capital Inc. in relation to an asset sale. O’Melveny & Myers represented Hoppe in Edgewater Growth Capital Partners LP et al. v. H.I.G. Capital Inc. et al., No. 3601. “We are grateful that our client Mark Hoppe has been dismissed,” O’Melveny’s Tancred Schiavoni said in the Thomson Reuters article. “The court's decision clarifying the law on tortious interference should be a guidepost to other courts struggling with the same issue.” The March 16, 2012, Hedge Fund Law Report’s “Two Delaware Chancery Court Decisions Help Define the Scope of Liability for Private Fund Portfolio Company Directors,” said that Hoppe was dismissed from the case entirely.