Legal Opinion
Centaur Partners, IV v. National Intergroup, Inc.
Supreme Court of Delaware
Decided November 15, 1990PublishedCited by 64 opinions
1Opinion of the Court
WALSH, Justice:
This is an appeal by Centaur Partners, IV (“Centaur”) from a decision of the Court of Chancery which determined that the classified Board of Directors of National Intergroup, Inc. (“National”) could not be enlarged without an 80% supermajority stockholder vote. The Chancery litigation was a result of Centaur’s efforts to increase the size of National’s board of directors through the use of written consents to amend the by-laws in order to permit a majority of the board to be elected at the 1990 annual stockholders meeting.
We conclude that the Court of Chancery correctly…
2Cases cited11 opinions
- Cavalier Oil Corp. v. HarnettSupreme Court of Delaware · 1989
- Gilbert v. El Paso Co.Supreme Court of Delaware · 1990
- Blasius Industries, Inc. v. Atlas Corp.Court of Chancery of Delaware · 1988
- Hibbert v. Hollywood Park, Inc.Supreme Court of Delaware · 1983
- Waggoner v. LasterSupreme Court of Delaware · 1990
6 more not listed; retrieve them via the Exa API.
3Cited by64 opinions
- Paramount Communications Inc. v. QVC Network Inc.Supreme Court of Delaware · 1994
- Stroud v. GraceSupreme Court of Delaware · 1992
- Williams v. GeierSupreme Court of Delaware · 1996
- Alta Berkeley VI C v. v. Omneon, Inc.Supreme Court of Delaware · 2012
- Boilermakers Local 154 Retirement Fund v. Chevron Corp.Court of Chancery of Delaware · 2013
59 more not listed; retrieve them via the Exa API.