Cottrell v. Pawcatuck Co.
Court of Chancery of Delaware
1Opinion of the Court
Seitz, Chancellor:
Plaintiff brought this action as a stockholder of what was then the C. B. Cottrell and Sons Company1 (“old com*311pany”) to enjoin a sale of its “non-liquid” assets to the other corporate defendant, Harris-Seybold Company (“Harris”). Actually the assets were sold to what is now a wholly owned subsidiary of Harris, here designated as the “new company”.
For reasons set forth in the Court’s opinion, plaintiff did not obtain a restraining order or preliminary injunction preventing the consummation of the sale. See Cottrell v. Pawcatuck Co., Del.Ch., 106 A.2d 709.
Subsequent to the…
2Cases cited6 opinions
- Allied Chemical & Dye Corp. v. Steel & Tube Co. of AmericaCourt of Chancery of Delaware · 1923
- Bennett v. Breuil Petroleum Corp.Court of Chancery of Delaware · 1953
- Schiff v. RKO Pictures Corp.Court of Chancery of Delaware · 1954
- Jacques Coe & Co. v. Minneapolis-Moline Co.Court of Chancery of Delaware · 1950
- Jacques Coe & Co. v. Minneapolis-Moline Co.Court of Chancery of Delaware · 1950
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3Cited by15 opinions
- Sinclair Oil Corporation v. LevienSupreme Court of Delaware · 1971
- Gimbel v. Signal Companies, Inc.Court of Chancery of Delaware · 1974
- Sporborg v. City Specialty Stores, Inc.Court of Chancery of Delaware · 1956
- Sporborg v. City Specialty StoresCourt of Chancery of Delaware · 1956
- Cottrell v. Pawcatuck CompanySupreme Court of Delaware · 1956
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