Judge Offers Berkshire Possible Speedy Trial Over Pilot Dispute

id5540076 2023 12 02T132439Z 1 LYNXMPEJB1058 RTROPTP 4 BERKSHIRE PILOT LAWSUIT Large - The Japan Weeknd Magazine
WILMINGTON, Delaware—A Delaware judge said she will grant a January trial requested by Warren Buffett’s Berkshire Hathaway, if it agrees to certain conditions, to resolve claims that billionaire Jimmy Haslam tried to improperly inflate his stake in a truck stop chain.
Vice Chancellor Morgan Zurn of Delaware’s Court of Chancery said in a Friday ruling that efficiency favored hearing Berkshire’s allegations next month alongside a Jan. 8–9 trial over claims by the Haslam family that Berkshire was deflating the value of Pilot Travel Centers.
The dispute concerns how much Berkshire would owe if the Haslams, including Cleveland Browns owner Mr. Jimmy Haslam, exercised their option to sell their 20 percent stake in the country’s largest truck stop chain to Berkshire in the first two months of 2024….

Share:

Related News