Zapata Corp. v. Maldonado
Supreme Court of Delaware
1Opinion of the Court
QUILLEN, Justice:
This is an interlocutory appeal from an order entered on April 9,1980, by the Court of Chancery denying appellant-defendant Zapata Corporation’s (Zapata) alternative motions to dismiss the complaint or for summary judgment. The issue to be addressed has reached this Court by way of a rather convoluted path.
In June, 1975, William Maldonado, a stockholder of Zapata, instituted a derivative action in the Court of Chancery on behalf of Zapata against ten officers and/or directors of Zapata, alleging, essentially, breaches of fiduciary duty. Maldonado did not first demand that the…
2Cases cited27 opinions
- Burks v. LaskerSupreme Court of the United States · 1979
- Auerbach v. BennettNew York Court of Appeals · 1979
- United Copper Securities Co. v. Amalgamated Copper Co.Supreme Court of the United States · 1917
- Sterling v. Mayflower Hotel Corp.Supreme Court of Delaware · 1952
- Keenan v. EshlemanSupreme Court of Delaware · 1938
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3Cited by319 opinions
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- Aronson v. LewisSupreme Court of Delaware · 1984
- Malpiede v. TownsonSupreme Court of Delaware · 2001
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- Fed. Sec. L. Rep. P 98,860 Athalie Doris Joy v. Nelson L. North, Nelson L. NorthCourt of Appeals for the Second Circuit · 1982
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