Examples of Castle Harlan in a sentence
Smith Living Trust, on the one hand, and Castle Harlan, Inc., Castle Harlan Partners III, L.P., Castle Harlan Partners IV, L.P., Castle Harlan Partners III, G.P., Inc., Castle Harlan Partners IV, G.P., Inc., David B.
Rather, 27.7% of Morton’s was owned by a fund set up by Castle Harlan.
As important, it is not at all clear from the Complaint how selling Morton’s would address any liquidity concern of Castle Harlan.
This is not a situation where 27.7% of Morton’s was owned by the principals of Castle Harlan as a private equity complex.
This includes a strong supermajority of stockholders other than Castle Harlan (who, as will be discussed, was unconflicted too).
Indeed, the plaintiffs fail to allege with any particularity what motivated Castle Harlan to sell.
Castle Harlan stated its continued interest in the Company and its desire to review 2001 full year financial statements before making a final bid.
Based on these indications of interest, Castle Harlan and Triarc were invited to proceed with further due diligence and to meet with the management of Morton's.
Although the defendants have approached this case by conceding that Revlon applies and arguing that Castle Harlan was not a controlling stockholder, the plaintiffs’ Revlon controller theory was susceptible to attack on another ground.
Four parties (Bruckman, Rosser, Sherrill & Co., Inc.; Castle Harlan, Inc.; Investcorp S.A.; and Triarc Companies, Inc.) eventually signed confidentiality agreements and conducted preliminary due diligence.