Legal Opinion

Bershad v. Curtiss-Wright Corp.

Supreme Court of Delaware

Decided December 30, 1987PublishedCited by 108 opinions

1Opinion of the Court

MOORE, Justice.

Plaintiff, John Bershad, brought this action against the defendants, Curtiss-Wright Corporation (“Curtiss-Wright”) and Dorr-Oliver Incorporated (“Dorr-Oliver”), in the Court of Chancery, challenging a 1979 cash-out merger of Dorr-Oliver by its parent, Curtiss-Wright. Bershad alleged (1) that the merger was effectuated without a proper business purpose; and (2) that the shareholder vote approving the merger was invalid since Dorr-Oliver’s proxy statement failed to inform minority stockholders that Curtiss-Wright had a strict policy against selling its 65% holdings in…

2Cases cited27 opinions

  1. TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
  2. Mills v. Electric Auto-Lite Co.Supreme Court of the United States · 1970
  3. Weinberger v. UOP, Inc.Supreme Court of Delaware · 1983
  4. Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc.Supreme Court of Delaware · 1986
  5. Smith v. Van GorkomSupreme Court of Delaware · 1985

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3Cited by108 opinions

  1. Malpiede v. TownsonSupreme Court of Delaware · 2001
  2. Cede & Co. v. Technicolor, Inc.Supreme Court of Delaware · 1994
  3. Malone v. BrincatSupreme Court of Delaware · 1998
  4. Paramount Communications Inc. v. QVC Network Inc.Supreme Court of Delaware · 1994
  5. Arnold v. Society for Savings Bancorp, Inc.Supreme Court of Delaware · 1994

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

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