Lionsgate Asks To Toss Icahn's Suit Over Stock Deal

Law360, New York (October 1, 2010, 3:42 PM EDT) -- Lions Gate Entertainment Corp. sought to convince a Manhattan judge on Friday to throw out a breach of contract suit brought by Carl Icahn that aims to undo the company's alleged attempt to thwart the business mogul's takeover efforts.

Lawyers for the studio and its directors advanced a number of arguments to Judge James A. Yates in the Manhattan Supreme Court on Friday aimed at either snuffing out the case or at least preventing Icahn from winning rescission of a stock transaction that purportedly kept control...
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