Food Co. Fights Goldman's Exit Bid In SuperValu Merger Suit

Law360, New York (July 11, 2019, 9:33 PM EDT) -- United Natural Foods Inc. traded barbs with Goldman Sachs in New York state court on Thursday, arguing that the bank is trying to distract from the company's fraud and contract claims by denying the alleged facts and subbing in its own.

The wholesale natural food distributor, which claims in filings that onetime adviser Goldman intentionally manipulated its $2.9 billion purchase of grocery giant SuperValu Inc. in an “unbridled pursuit of profits,” said that the investment titan was using straw man arguments and was failing to follow proper protocol on a motion to dismiss in an effort to escape claims that Goldman’s...

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!