Legal Opinion

Sinclair Oil Corporation v. Levien

Supreme Court of Delaware

Decided January 20, 1975PublishedCited by 7 opinions

1Per curiam

After a careful consideration of the contentions of the litigating parties and upon a thorough review of the opinion below (Del.Ch., 314 A.2d 216) dealing with damages inuring to Sinclair Venezuelan Oil Company, a subsidiary of defendant corporation, we are unanimously of the belief that the findings of the Chancellor should be affirmed in their entirety for the reasons stated. We note that interest should be updated from the Chancellor’s Order of January 9, 1974, pertaining to damages in the sum of $711,095.86 incurred from defendant’s late payment of invoices.

Affirmed.

2Cases cited1 opinion

  1. Levien v. Sinclair Oil CorporationCourt of Chancery of Delaware · 1973

3Cited by7 opinions

  1. In Re infoUSA, Inc. Shareholders LitigationCourt of Chancery of Delaware · 2007
  2. Summa Corp. v. Trans World Airlines, Inc.Supreme Court of Delaware · 1988
  3. Frank G.W. v. Carol M.W.Supreme Court of Delaware · 1983
  4. In Re Southeast Banking Corp.District Court, S.D. Florida · 1994
  5. Brandt v. BassettDistrict Court, S.D. Florida · 1994

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