REPRESENTATIVE EXPERIENCE
Robert K. Beste
Secured a judgment for US$931,293 on a breach of contract claim following a bench trial in the US District Court for the District of Delaware.
Obtained a judgment—on the pleadings—for more than US$1.5 million on a breach of contract claim, then successfully defended that judgment on appeal to the Delaware Supreme Court.
Obtained a judgment in an appraisal matter for US$0.66 per share above the merger price; the decision was a rare example of the Court of Chancery disregarding the merger price in an arm’s-length, third-party deal. Crossed the company’s financial expert and presented the testimony of petitioner’s merger process expert, both of which contributed to the court’s decision to reject the negotiated merger price as not indicative of fair value.
Obtained a US$4.6 million settlement on behalf of a class of common stockholders of Trados, Inc. following a frequently cited post-trial decision issued by the Court of Chancery.