Wilderman v. Wilderman

MARVEL, Vice Chancellor:

Eleanor M. Wilderman, the plaintiff in this action, sues in her own right and in her capacity as a stockholder with an interest in one-half of the issued and outstanding stock of the defendant Marble Craft Company, Inc. She primarily seeks a ruling to the effect that the defendant Joseph M. Wilderman (the president of the corporate defendant and her former husband) for the fiscal years ending March 31, from 1971 through 1973, caused excessive and unauthorized payments 1 to be made to himself out of earnings of the corporate defendant and that such payments, made in the…