Valassis v. ADVO

Summary

Valassis looked to get out of a $1.3 billion dollar buy-out deal claiming Advo misrepresented it financial health.

Outcome

The two companies settled, with Valassis to pay $1.2 billion.

Case Information

Attorneys

Witnesses

Plaintiff: Vallasis Communications, Inc
Defense: ADVO, Inc

Judge: Leo Strine
Jurisdiction: Delaware Court Of Chancery
Court: New Castle County Courthouse

Case Number: 2383-N
Industry: Finance
Practice Area: Mergers and Acquisitions

Expert Witnesses

Lay Witnesses

Sessions

Attorney

Witness

Type

Description

PM Session

Plaintiff Witness(es)

7 Chapters

	Description	Attorney	Witness	Presence
00:00:06	Witness Cross Examination	Conway, George	Schultz, Mr. Al	In Person
01:39:42	Break
01:50:29	Witness Re-Direct Examination	Landau, Eric	Schultz, Mr. Al	In Person
01:52:34	General Case Activities
01:54:44	Witness Re-Direct Examination	Landau, Eric	Schultz, Mr. Al	In Person
02:00:01	Witness Direct Examination	Berman, Bruce	Lieblang, Mr. John	In Person
02:24:46	End of Session

AM Session

Plaintiff Witness(es)

8 Chapters

PM Session

Plaintiff Witness(es)

4 Chapters

	Description	Attorney	Witness	Presence
00:00:01	Witness Direct Examination	Berman, Bruce	Lieblang, Mr. John	In Person
00:24:48	Witness Cross Examination	Zeliger, Michael	Lieblang, Mr. John	In Person
00:56:25	General Case Activities
00:57:07	End of Session

DEC

PM Session

Plaintiff Witness(es)

8 Chapters

	Description	Attorney	Witness	Presence
00:00:01	Witness Cross Examination	Conway, George	Mitzel, Mr. Steven	In Person
00:47:46	Witness Re-Direct Examination	Landau, Eric	Mitzel, Mr. Steven	In Person
00:57:05	Witness Direct Examination	Nachbar , Kenneth	Groe, Mr. Lorne	In Person
01:41:24	Break
01:54:30	Witness Direct Examination	Nachbar , Kenneth	Groe, Mr. Lorne	In Person
02:48:23	Witness Cross Examination	Conway, George	Groe, Mr. Lorne	In Person
03:26:28	General Case Activities
03:37:51	End of Session

AM Session

Plaintiff Witness(es)

10 Chapters

	Description	Attorney	Witness	Presence
00:00:05	Start of Session
00:00:29	Witness Cross Examination	Zeliger, Michael	Lieblang, Mr. John	In Person
00:08:43	Witness Re-Direct Examination	Berman, Bruce	Lieblang, Mr. John	In Person
00:10:29	Witness Direct Examination	Landau, Eric	Mitzel, Mr. Steven	In Person
00:49:21	General Case Activities		Mitzel, Mr. Steven	In Person
00:50:39	Witness Direct Examination	Landau, Eric	Mitzel, Mr. Steven	In Person
01:45:02	Break
02:08:02	Witness Direct Examination	Landau, Eric	Mitzel, Mr. Steven	In Person
02:48:57	Witness Cross Examination	Conway, George	Mitzel, Mr. Steven	In Person
03:29:29	End of Session

DEC

PM Session

Plaintiff Witness(es)

6 Chapters

	Description	Attorney	Witness	Presence
00:00:17	Witness Direct Examination	Landau, Eric	Recchia, Mr. Robert	In Person
00:42:57	Witness Cross Examination	Williams, Gregory	Recchia, Mr. Robert	In Person
01:45:21	Break
02:08:39	Witness Cross Examination	Williams, Gregory	Recchia, Mr. Robert	In Person
02:57:42	Witness Re-Direct Examination	Landau, Eric	Recchia, Mr. Robert	In Person
03:29:31	End of Session

AM Session

Plaintiff Witness(es)

15 Chapters

	Description	Attorney	Witness	Presence
00:00:38	General Case Activities
00:00:38	Witness Direct Examination	Stein, David	Stovall, Mr. Eric	In Person
00:25:30	Witness Cross Examination	Cochran, C. Malcolm	Stovall, Mr. Eric	In Person
00:55:37	General Case Activities		Stovall, Mr. Eric	In Person
01:01:38	Witness Re-Direct Examination	Stein, David	Stovall, Mr. Eric	In Person
01:11:06	Witness Cross Examination	Cochran, C. Malcolm	Stovall, Mr. Eric	In Person
01:12:38	Witness Direct Examination	Jocelyn, Daniel	Callahan, Ms. Pam	In Person
01:42:40	Break
02:00:53	Witness Direct Examination	Jocelyn, Daniel	Callahan, Ms. Pam	In Person
02:19:03	Witness Cross Examination		Callahan, Ms. Pam	In Person
02:42:46	Break
02:53:28	Witness Re-Direct Examination	Jocelyn, Daniel	Callahan, Ms. Pam	In Person
02:56:36	Witness Cross Examination		Callahan, Ms. Pam	In Person
02:57:46	Witness Re-Direct Examination	Jocelyn, Daniel	Callahan, Ms. Pam	In Person
03:10:08	End of Session

DEC

PM Session

Plaintiff Witness(es)

10 Chapters

	Description	Attorney	Witness	Presence
00:00:22	Witness Cross Examination	Roth, Eric	Litbak, Mr. Jeff	In Person
01:26:43	General Case Activities
01:29:23	Witness Cross Examination	Roth, Eric	Litbak, Mr. Jeff	In Person
01:44:39	Break
02:00:09	Witness Cross Examination	Roth, Eric	Litbak, Mr. Jeff	In Person
02:09:37	Witness Direct Examination	Aaronoff, Steven	Bartko, Mr. Edward	In Person
02:35:51	General Case Activities		Bartko, Mr. Edward	In Person
02:37:05	Witness Direct Examination	Aaronoff, Steven	Bartko, Mr. Edward	In Person
03:18:26	Witness Cross Examination	FitzPatrick, Rory	Bartko, Mr. Edward	In Person
03:29:59	End of Session

AM Session

Plaintiff Witness(es)

11 Chapters

	Description	Attorney	Witness	Presence
00:00:09	Witness Re-Direct Examination	Landau, Eric	Recchia, Mr. Robert	In Person
00:08:37	Witness Cross Examination	Williams, Gregory	Recchia, Mr. Robert	In Person
00:20:34	Witness Direct Examination	Stone, Alan	Litbak, Mr. Jeff	In Person
00:49:16	General Case Activities		Litbak, Mr. Jeff	In Person
00:54:54	Witness Direct Examination	Stone, Alan	Litbak, Mr. Jeff	In Person
01:14:59	General Case Activities		Litbak, Mr. Jeff	In Person
01:22:05	Witness Direct Examination	Stone, Alan	Litbak, Mr. Jeff	In Person
01:37:26	Witness Cross Examination	Roth, Eric	Litbak, Mr. Jeff	In Person
01:44:55	Break
02:09:46	Witness Cross Examination	Roth, Eric	Litbak, Mr. Jeff	In Person
03:27:56	End of Session

DEC

PM Session

Plaintiff Witness(es)

16 Chapters

	Description	Attorney	Witness	Presence
00:00:14	Witness Direct Examination	Aaronoff, Steven	Silver, Mr. Steven	In Person
00:30:37	General Case Activities
00:34:15	Witness Direct Examination	Aaronoff, Steven	Silver, Mr. Steven	In Person
00:42:35	General Case Activities		Silver, Mr. Steven	In Person
00:45:45	Witness Direct Examination	Aaronoff, Steven	Silver, Mr. Steven	In Person
01:08:59	General Case Activities
01:15:33	Witness Direct Examination	Aaronoff, Steven	Silver, Mr. Steven	In Person
01:25:39	General Case Activities		Silver, Mr. Steven	In Person
01:29:07	Witness Direct Examination	Aaronoff, Steven	Silver, Mr. Steven	In Person
01:39:34	Break
01:56:17	Witness Direct Examination	Aaronoff, Steven	Silver, Mr. Steven	In Person
02:09:17	General Case Activities		Silver, Mr. Steven	In Person
02:12:19	Witness Direct Examination	Aaronoff, Steven	Silver, Mr. Steven	In Person
02:15:48	Witness Cross Examination		Silver, Mr. Steven	In Person
03:22:15	General Case Activities
03:23:01	End of Session

AM Session

Plaintiff Witness(es)

15 Chapters

	Description	Attorney	Witness	Presence
00:00:13	Witness Cross Examination	FitzPatrick, Rory	Bartko, Mr. Edward	In Person
01:33:39	Witness Re-Direct Examination	Aaronoff, Steven	Bartko, Mr. Edward	In Person
01:40:10	General Case Activities		Bartko, Mr. Edward	In Person
01:40:43	Break
01:58:38	Witness Re-Direct Examination	Aaronoff, Steven	Bartko, Mr. Edward	In Person
02:09:35	Witness Direct Examination	Aaronoff, Steven	Silver, Mr. Steven	In Person
02:38:48	General Case Activities		Silver, Mr. Steven	In Person
02:39:58	Witness Direct Examination	Aaronoff, Steven	Silver, Mr. Steven	In Person
02:40:08	General Case Activities
02:42:21	Witness Direct Examination	Aaronoff, Steven	Silver, Mr. Steven	In Person
02:44:58	General Case Activities		Silver, Mr. Steven	In Person
02:56:19	Witness Direct Examination	Aaronoff, Steven	Silver, Mr. Steven	In Person
03:10:44	General Case Activities		Silver, Mr. Steven	In Person
03:12:18	Witness Direct Examination	Aaronoff, Steven	Silver, Mr. Steven	In Person
03:23:45	End of Session

DEC

Valassis v. ADVO

Summary

Outcome

Sessions

AudioCaseFiles

Essentials

Training Libraries

	Description	Attorney	Witness	Presence
00:00:00	Start of Session
00:00:16	General Case Activities
00:01:30	General Case Activities
00:02:23	Witness Direct Examination	Landau, Eric	Schultz, Mr. Al	In Person
01:45:22	Break
01:58:36	Witness Direct Examination	Landau, Eric	Schultz, Mr. Al	In Person
03:06:37	Witness Cross Examination	Conway, George	Schultz, Mr. Al	In Person
03:29:22	End of Session