CSX v. TCI et al.
CSX v. TCI et al.
2 PagesCounsel for CSX Corporation retained Cornerstone Research and Professor Marti Subrahmanyam of New York University to analyze The Children’s Investment Fund’s (TCI’s) effective ownership in CSX at different points in time. Retained by Cravath, Swaine & Moore Counsel for CSX Corporation retained Cornerstone Research and Professor Marti Subrahmanyam of New York University to analyze The Children’s Investment Fund’s (TCI’s) effective ownership in CSX at different points in time. TCI, a hedge fund, believed that its investment in CSX would be profitable if TCI could either alter CSX’s policies or its management. TCI wanted CSX to undergo a leveraged buyout and attempted to organize an effort to elect board members of its choosing at the annual shareholders’ meeting. CSX alleged that TCI violate
