Delaware Court of Chancery Sets Date for Hearing on Unopposed Motion to Dismiss Claims Against Michael J. Gross in Morgans Hotel Group Co. Stockholder Derivative

Published on : Saturday, December 7, 2013

morgans-hotelgroup-logo3Morgans Hotel Group Co. (the “Company”) today announced that pursuant to Orders entered by the Delaware Court of Chancery on December 3 and December 6, 2013 in the litigation captioned OTK Associates, LLC v. DelawareFriedman, et al., Civil Action No. 8447-VCL, Morgans Hotel Group Co. has issued a Notice of Hearing on Unopposed Motion to Dismiss Claims against Michael J. Gross (the “Motion”).

The hearing will be held in the New Castle County Courthouse, Court of Chancery, 500 North King Street, Wilmington, Delaware 19801, on January 27, 2014, at 10:00 a.m. (the “Hearing”) to (a) consider the Motion, (b) consider any objections thereto, and (c) rule on other such matters as the Court may deem appropriate.

Source:- Morgans Hotel Group

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