Legal Opinion

Cottrell v. Pawcatuck Co.

Court of Chancery of Delaware

Decided September 28, 1955PublishedCited by 15 opinions

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

  1. Allied Chemical & Dye Corp. v. Steel & Tube Co. of AmericaCourt of Chancery of Delaware · 1923
  2. Bennett v. Breuil Petroleum Corp.Court of Chancery of Delaware · 1953
  3. Schiff v. RKO Pictures Corp.Court of Chancery of Delaware · 1954
  4. Jacques Coe & Co. v. Minneapolis-Moline Co.Court of Chancery of Delaware · 1950
  5. Jacques Coe & Co. v. Minneapolis-Moline Co.Court of Chancery of Delaware · 1950

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3Cited by15 opinions

  1. Sinclair Oil Corporation v. LevienSupreme Court of Delaware · 1971
  2. Gimbel v. Signal Companies, Inc.Court of Chancery of Delaware · 1974
  3. Sporborg v. City Specialty Stores, Inc.Court of Chancery of Delaware · 1956
  4. Sporborg v. City Specialty StoresCourt of Chancery of Delaware · 1956
  5. Cottrell v. Pawcatuck CompanySupreme Court of Delaware · 1956

10 more not listed; retrieve them via the Exa API.

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