Legal Opinion
Lynch v. Vickers Energy Corporation
Court of Chancery of Delaware
Decided January 22, 1976PublishedCited by 26 opinions
1Opinion of the Court
MARVEL, Vice Chancellor.
On October 11, 1974, plaintiff, in response to a September 30, 1974 offer of the defendant Vickers Energy Corporation to purchase any and all of the outstanding shares of common stock of its subsidiary, TransOcean Oil, Inc., tendered to the would-be buyer her one hundred shares of common stock of such corporation. At the time such offer was made Vickers was the holder of 53.5% of the issued and outstanding shares of common stock of TransOcean, Vickers being in turn a wholly-owned subsidiary of Esmark, Inc., the board of which, headed by Donald Kelly, its president, had…
2Cases cited7 opinions
- Fed. Sec. L. Rep. P 94,041 Sonesta International Hotels Corporation v. Wellington AssociatesCourt of Appeals for the Second Circuit · 1973
- Schnell v. Chris-Craft Industries, Inc.Supreme Court of Delaware · 1971
- Allied Chemical & Dye Corp. v. Steel & Tube Co. of AmericaCourt of Chancery of Delaware · 1923
- Condec Corporation v. Lunkenheimer CompanyCourt of Chancery of Delaware · 1967
- Orzeck v. EnglehartSupreme Court of Delaware · 1963
2 more not listed; retrieve them via the Exa API.
3Cited by26 opinions
- Malone v. BrincatSupreme Court of Delaware · 1998
- Arnold v. Society for Savings Bancorp, Inc.Supreme Court of Delaware · 1994
- Rabkin v. Philip A. Hunt Chemical Corp.Supreme Court of Delaware · 1985
- Solomon v. Pathe Communications Corp.Supreme Court of Delaware · 1996
- In re Wayport, Inc. LitigationCourt of Chancery of Delaware · 2013
21 more not listed; retrieve them via the Exa API.