Legal Opinion
Lipton v. News International, Plc
Supreme Court of Delaware
Decided September 16, 1986PublishedCited by 71 opinions
1Opinion of the Court
McNEILLY, Justice joined by HORSEY, Justice:
The case before us represents the efforts of two shareholders of Warner Communications, Inc. (“Warner”) to vacate a stipulation of dismissal in an action against Warner by News International, pic (“News”), an English company controlled by K. Rupert Murdoch and formerly Warner’s largest shareholder. The two shareholders (“Proposed Intervenors”) contend that the action by News was derivative in nature, and that therefore the stipulation of dismissal was improper because the parties to it failed to comply with the notice and court approval provisions…
2Cases cited4 opinions
- Moran v. Household International, Inc.Court of Chancery of Delaware · 1985
- Elster v. American Airlines, Inc.Court of Chancery of Delaware · 1953
- Reifsnyder v. Pittsburgh Outdoor Advertising Co.Supreme Court of Pennsylvania · 1961
- Braasch v. MandelSupreme Court of Delaware · 1961
3Cited by71 opinions
- Tooley v. Donaldson, Lufkin, & Jenrette, Inc.Supreme Court of Delaware · 2004
- Bayberry Associates v. JonesTennessee Supreme Court · 1990
- Kramer v. Western Pacific Industries, Inc.Supreme Court of Delaware · 1988
- In Re Tri-Star Pictures, Inc., LitigationSupreme Court of Delaware · 1993
- Stroud v. Milliken Entersprises, Inc.Supreme Court of Delaware · 1989
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