Mitchell Partners, LP v. Irex Corp.
Court of Appeals for the Third Circuit · 2011-09-27
The case involves a dispute between Mitchell Partners, L.P., a shareholder, and Irex Corporation along with its directors and related entities over rights and obligations under Pennsylvania corporate law. The Third Circuit had previously issued a decision, prompting the defendants to petition for panel rehearing and rehearing en banc on the proper interpretation of the Business Corporation Law of 1988. The court granted the petition for panel rehearing and decided to certify the state-law question to the Pennsylvania Supreme Court for resolution. Motions by the Governor of Pennsylvania and business associations to file amicus materials in support of rehearing were dismissed as moot in light of the certification.