Superior Court of New Jersey Appellate Division

Docket No. A-0963-12T1

FAIRFAX FINANCIAL HOLDINGS LIMITED and CRUM & FORSTER HOLDINGS CORP.,

Plaintiffs-Appellants,

vs.

S.A.C. CAPITAL MANAGEMENT, LLC, S.A.C. CAPITAL ADVISORS, LLC, S.A.C. CAPITAL ASSOCIATES, LLC, SIGMA CAPITAL MANAGEMENT, LLC, STEVEN A. COHEN, EXIS CAPITAL MANAGEMENT, INC.,

(For Continuation of Caption See Next Page)

::::::::::::::::

::

CIVIL ACTION

ON APPEAL FROM ORDERS OF THE SUPERIOR COURT OF NEW JERSEY LAW DIVISION, MORRIS COUNTY, DOCKET NO. MRS-L-2032-06

Sat Below:

HON. DEANNE M. WILSON, J.Ch.

and

HON. STEPHAN C. HANSBURY, PJ.Ch.

and

HON. DONALD S. COBURN, J.S.C. (retired on recall)

BRIEF SUBMITTED ON BEHALF OF PLAINTIFFS-APPELLANTS FAIRFAX FINANCIAL HOLDINGS LIMITED

AND CRUM & FORSTER HOLDINGS CORP.

BRUCE H. NAGEL, ESQ. JAY J. RICE, ESQ. NAGEL RICE, LLP 103 Eisenhower Parkway Roseland, New Jersey 07068 (973) 618-0400 bnagel@nagelrice.com

MARC E. KASOWITZ, ESQ. DANIEL R. BENSON, ESQ. MICHAEL J. BOWE, ESQ. KASOWITZ, BENSON,

TORRES & FRIEDMAN LLP 1633 Broadway New York, New York 10019 (212) 506-1700 mkasowitz@kasowitz.com

Attorneys for Plaintiffs-Appellants Fairfax Financial Holdings Limited and Crum & Forster Holdings Corp.

COUNSEL PRESS (800) 5 APPEAL

EXIS CAPITAL, LLC, EXIS DIFFERENTIAL PARTNERS, L.P., EXIS INTEGRATED PARTNERS, L.P., ADAM D. SENDER, SPYRO CONTOGOURIS, MAX BERNSTEIN, MI4 INVESTORS, LLC, MI4 RECONNAISSANCE LLC, MI4 LIMITED PARTNERSHIP, ANDREW HELLER, ROCKER PARTNERS, L.P., COPPER RIVER PARTNERS, L.P., DAVID ROCKER, THIRD POINT LLC, DANIEL S. LOEB, JEFFREY PERRY, MORGAN KEEGAN & COMPANY, INC., JOHN D. GWYNN, CHRISTOPHER BRETT LAWLESS, INSTITUTIONAL CREDIT PARTNERS, LLC, WILLIAM GAHAN, JAMES S. CHANOS, KYNIKOS ASSOCIATES LP,

Defendants-Respondents.

:::::::::::::::::::::::