Ryan v. Buckeye Partners, L.P.

• Decision Date: 03 October 2022
• Docket Number: 77,2022
• Parties: WALTER E. RYAN, JR., individually and on behalf of others similarly situated, Plaintiff Below, Appellant, v. BUCKEYE PARTNERS, L.P., BUCKEYE GP LLC, CLARK C. SMITH, PEITER BAKKER, BARBARA M. BAUMANN, BARBARA J. DUGANIER, JOSEPH A. LASCALA, JR., MARK C. MCKINLEY, LARRY C. PAYNE, OLIVER G. RICHARD, III, FRANK S. SOWINSKI, MARTIN A. WHITE, IFM INVESTORS PTY LTD, IFM GLOBAL INFRASTRUCTURE FUND, HERCULES INTERMEDIATE HOLDINGS LLC, Defendants Below, Appellees.
• Court: United States State Supreme Court of Delaware

WALTER E. RYAN, JR., individually and on behalf of others similarly situated, Plaintiff Below, Appellant, v. BUCKEYE PARTNERS, L.P., BUCKEYE GP LLC, CLARK C. SMITH, PEITER BAKKER, BARBARA M. BAUMANN, BARBARA J. DUGANIER, JOSEPH A. LASCALA, JR., MARK C. MCKINLEY, LARRY C. PAYNE, OLIVER G. RICHARD, III, FRANK S. SOWINSKI, MARTIN A. WHITE, IFM INVESTORS PTY LTD, IFM GLOBAL INFRASTRUCTURE FUND, HERCULES INTERMEDIATE HOLDINGS LLC, Defendants Below, Appellees.

No. 77, 2022

Supreme Court of Delaware

October 3, 2022

Submitted: September 14, 2022

Court Below: Court of Chancery of the State of Delaware C. A. No. 2021-0432

Before SEITZ, Chief Justice; VALIHURA, and TRAYNOR, Justices.

ORDER

Karen L. Valihura Justice

This 3rd day of October 2022, having considered this matter on the briefs of the parties and the record below, and having concluded that the same should be affirmed on the basis of and for the reasons assigned by the Court of Chancery in its Memorandum Opinion dated February 9, 2022; NOW THEREFORE IT IS ORDERED that the judgment of the Court of Chancery be and the same hereby is AFFIRMED.