Legal Opinion
Cavalier Oil Corp. v. Harnett
Supreme Court of Delaware
Decided September 5, 1989PublishedCited by 134 opinions
1Opinion of the Court
WALSH, Justice:
This is an appeal by Cavalier Oil Corporation (“Cavalier”) and a cross-appeal by William J. Harnett (“Harnett”) from a final judgment of the Court of Chancery determining the fair value of 1,250 shares of stock owned by Harnett in EPIC Mortgage Servicing, Inc. (“EMSI”), a closely-held Delaware corporation. The appraisal action followed a short form merger, pursuant to 8 Del.C. § 253, of EMSI into Cavalier on November 20, 1984.
Harnett rejected Cavalier’s offer of $93,-950 for his EMSI shares, electing instead to assert his appraisal rights under 8 Del.C. § 262. Consolidated…
2Cases cited12 opinions
- Weinberger v. UOP, Inc.Supreme Court of Delaware · 1983
- Levitt v. BouvierSupreme Court of Delaware · 1972
- Harnett v. BillmanCourt of Appeals for the Fourth Circuit · 1986
- Kramer v. Western Pacific Industries, Inc.Supreme Court of Delaware · 1988
- Bates v. DeversSupreme Court of Virginia · 1974
7 more not listed; retrieve them via the Exa API.
3Cited by134 opinions
- In Re Walt Disney Co. Derivative LitigationSupreme Court of Delaware · 2006
- M.G. Bancorporation, Inc. v. Le BeauSupreme Court of Delaware · 1999
- Gentile v. RossetteSupreme Court of Delaware · 2006
- SIGA Technologies, Inc. v. PharmAthene, Inc.Supreme Court of Delaware · 2013
- Shawnee Telecom Resources, Inc. v. BrownKentucky Supreme Court · 2011
129 more not listed; retrieve them via the Exa API.