Legal Opinion

Salamone v. Gorman

Supreme Court of Delaware

Decided December 9, 2014No. 343, 2014PublishedCited by 248 opinions

1Opinion of the Court

VALIHURA, Justice:

Defendants Below, Appellants/Cross-Appellees Gary Salamone (“Salamone”), Mike Dura (“Dura”) and Robert W. Haider (“Haider,” and together with Salamone and Dura, the “Management Group”) appeal from a Court of Chancery Memorandum Opinion dated May 29, 2014, and Order and Final Judgment dated June 24, 2014.

This case involves a dispute between two competing sets of stockholders and directors about the composition of the board of Westech Capital Corporation (“Wes-tech”), a financial services holding company headquartered in Austin, Texas. Both parties brought actions in the Court…

2Cases cited15 opinions

  1. Estate of Osborn Ex Rel. Osborn v. KempSupreme Court of Delaware · 2010
  2. Eagle Industries, Inc. v. DeVilbiss Health Care, Inc.Supreme Court of Delaware · 1997
  3. GMG Capital Investments, LLC v. Athenian Venture Partners ISupreme Court of Delaware · 2012
  4. Allied Chemical & Dye Corp. v. Steel & Tube Co. of AmericaCourt of Chancery of Delaware · 1923
  5. Solomon v. ArmstrongCourt of Chancery of Delaware · 1999

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3Cited by248 opinions

  1. Sunline Commercial Carriers, Inc. v. Citgo Petroleum CorporationSupreme Court of Delaware · 2019
  2. Chicago Bridge & Iron Company N v. v. Westinghouse Electric Company and WSW Acquisition Co.Supreme Court of Delaware · 2017
  3. In Re Viking Pump, Inc. and Warren Pumps, LLC Insurance AppealsSupreme Court of Delaware · 2016
  4. Exelon Generation Acquisitions, LLC v. Deere & CompanySupreme Court of Delaware · 2017
  5. In re Shorenstein Hays-Nederlander Theatres LLCSupreme Court of Delaware · 2019

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