Legal Opinion
Jones Apparel Group, Inc. v. Maxwell Shoe Co.
Court of Chancery of Delaware
Decided May 27, 2004No. C.A. 365-NPublishedCited by 20 opinions
1Opinion of the Court
OPINION
STRINE, Vice Chancellor.
This expedited case centers on the validity of a charter provision of Maxwell Shoe Company, Inc. By its plain terms, that provision establishes that the record date for any consent sohcitation of Maxwell’s stockholders shall be the date on which the first consent is delivered to the company. In so providing, the charter adopts one of the default rules set forth in 8 Del. C. § 213(b), a default rule that governs when no prior board action is required to take the corporate action at issue and the board of directors does not exercise its discretion, within the…
2Cases cited11 opinions
- Stroud v. GraceSupreme Court of Delaware · 1992
- Sterling v. Mayflower Hotel Corp.Supreme Court of Delaware · 1952
- Schnell v. Chris-Craft Industries, Inc.Supreme Court of Delaware · 1971
- Solomon v. Pathe Communications Corp.Supreme Court of Delaware · 1996
- Blasius Industries, Inc. v. Atlas Corp.Court of Chancery of Delaware · 1988
6 more not listed; retrieve them via the Exa API.
3Cited by20 opinions
- Airgas, Inc. v. Air Products & Chemicals, Inc.Supreme Court of Delaware · 2010
- Franchise Servs. of N. Am., Inc. v. U.S. Tr. (In Re Franchise Servs. of N. Am., Inc.)Court of Appeals for the Fifth Circuit · 2018
- CCSB Financial Corp. v. Deann M. TottaSupreme Court of Delaware · 2023
- Cedarview Opportunities Master Fund, L.P. v. Spanish Broadcasting System, Inc.Court of Chancery of Delaware · 2018
- Dollens v. Goosehead Insurance, Inc.Court of Chancery of Delaware · 2026
15 more not listed; retrieve them via the Exa API.