Teamsters Local 443 Health Services & Insurance Plan v. Cencora, Inc. ( 2024 )

IN THE SUPREME COURT OF THE STATE OF DELAWARE
TEAMSTERS LOCAL 443 HEALTH §
SERVICES & INSURANCE PLAN, §
ST. PAUL ELECTRICAL §
CONSTRUCTION PENSION PLAN, §
ST. PAUL ELECTRICAL §
CONSTRUCTION WORKERS §
SUPPLEMENTAL PENSION §
PLAN (2014 RESTATEMENT) and §
RETIREMENT MEDICAL §
FUNDING PLAN FOR THE ST. §
PAUL ELECTRICAL WORKERS, §
§ No. 5, 2024
Plaintiffs Below, §
Appellants, § Court Below—Court of Chancery
§ of the State of Delaware
v. §
§ C.A. No. 2019-0816
CENCORA, INC. (f/k/a §
AmerisourceBergen Corporation), §
§
Nominal Defendant Below §
Appellee, §
§
v. §
DENNIS M. NALLY, as the Special §
Litigation Committee of the Board of §
Directors of Cencora, Inc., (f/k/a §
AmerisourceBergen Corporation), §
§
Interested Party Below, §
Appellee. §
Argued: September 11, 2024
Decided: September 20, 2024
Before SEITZ, Chief Justice; VALIHURA, TRAYNOR, LeGROW, and
GRIFFITHS, Justices, constituting the Court en Banc.
ORDER
This 20th day of September, 2024, after consideration of the parties’ briefs, the
argument of counsel, and the record on appeal, it appears to the Court that the
judgment of the Court of Chancery should be affirmed on the basis of and for the
reasons stated in its November 17, 2023 Memorandum Opinion.
NOW, THEREFORE, IT IS ORDERED that the judgment of the Court of
Chancery be AFFIRMED.
BY THE COURT:
/s/ Gary F. Traynor
Justice
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