Pattern Energy Looks To Ax Suit Over $6.1B Go-Private Deal

Law360 (July 22, 2020, 4:55 PM EDT) -- Shareholders of renewable power company Pattern Energy raised only bogus allegations of conflicts of interest tied to Pattern's $6.1 billion sale to the Canada Pension Plan Investment Board, a private equity owner of the company has told a Delaware federal court.

Private equity fund Riverstone Holdings LLC urged the court Tuesday to toss claims by Water Island Capital LLC and other investors that shared board members and executives between Pattern Energy and a company with which it would be merged in the deal — Pattern Energy Group Holdings 2 LP, also known as Pattern Development — pushed for the sale because it...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!