Beneville v. York
Court of Chancery of Delaware
1Opinion of the Court
OPINION
STRINE, Vice Chancellor.
Plaintiff Edward S. Beneville, Jr. has filed this derivative action, in which he alleges that two of the then-directors of CARNET Holding Corporation, defendants Michael York and Eli Dabich, Jr., breached their fiduciary duties as directors of CARNET. York and Dabich, the complaint asserts, caused CARNET to enter into a technology licensing and marketing agreement (the “Marketing Agreement”) with a subsidiary of another corporation, SYNERGY 2000, Inc. (“SYNERGY”), that they controlled as officers and through their ownership of 57% of that company’s shares. York…
2Cases cited11 opinions
- Aronson v. LewisSupreme Court of Delaware · 1984
- Rales v. Blasband Ex Rel. Easco Hand Tools, Inc.Supreme Court of Delaware · 1993
- Cede & Co. v. Technicolor, Inc.Supreme Court of Delaware · 1994
- Zapata Corp. v. MaldonadoSupreme Court of Delaware · 1981
- Grobow v. PerotSupreme Court of Delaware · 1988
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3Cited by33 opinions
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- Carsanaro v. Bloodhound Technologies, Inc.Court of Chancery of Delaware · 2013
- In Re ORACLE CORP DERIVATIVE LITIGATIONCourt of Chancery of Delaware · 2003
- In Re Amerco Derivative LitigationNevada Supreme Court · 2011
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