Judge Billy B Chandler - the hipster.
As we reported earlier today, a potential shareholder-lead threat to the Activision/Blizzard merger was thrown out of the court on July 1st by Judge William B Chandler III. The judge, however, didn't simply dismiss the suit, he dismissed it with some video-gaming gusto, ending his ruling as follows:
Judge Billy's ruling also included more than one reference to Blizzard (and soon to be ActiBlizzard's) all-conquering elves, dwarves and guild-fest. "In some ways, perhaps, the world of Mergers and Acquisitions is a massively multi-player role playing game as well. Like in World of Warcraft and other games, the participants in the M&A field take on certain roles, interact in their own community, hone specialized skills, and even develop a unique, somewhat curious vernacular.
"One particular quest in the world of M&A is disclosure litigation. In the instance of disclosure litigation presently pending before this Court, the world of M&A meets the World of Warcraft."
And this from a judge who had previously referenced Sir 50 of Pence (Fiddy, that is) in a previous ruling.
Source:Wall Street Journal
"In the role-playing game that is this disclosure litigation, both sides have played their respective roles well.
"Like any game, this one has rules, and the most essential rule of disclosure is materiality. Because the plaintiff could not establish the materiality of its final three disclosure claims, the motion for a preliminary injunction is denied. . . .GAME OVER."
"Like any game, this one has rules, and the most essential rule of disclosure is materiality. Because the plaintiff could not establish the materiality of its final three disclosure claims, the motion for a preliminary injunction is denied. . . .GAME OVER."
Judge Billy's ruling also included more than one reference to Blizzard (and soon to be ActiBlizzard's) all-conquering elves, dwarves and guild-fest. "In some ways, perhaps, the world of Mergers and Acquisitions is a massively multi-player role playing game as well. Like in World of Warcraft and other games, the participants in the M&A field take on certain roles, interact in their own community, hone specialized skills, and even develop a unique, somewhat curious vernacular.
"One particular quest in the world of M&A is disclosure litigation. In the instance of disclosure litigation presently pending before this Court, the world of M&A meets the World of Warcraft."
And this from a judge who had previously referenced Sir 50 of Pence (Fiddy, that is) in a previous ruling.
Source:Wall Street Journal
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Comments
Psalms 3 Jul 2008 10:24
1/1
Until now I always thought Phoenix Wright was unrealistic...