Legal Opinion
Moran v. Household International, Inc.
Supreme Court of Delaware
Decided November 20, 1985PublishedCited by 157 opinions
1Opinion of the Court
McNEILLY, Justice:
This case presents to this Court for review the most recent defensive mechanism in the arsenal of corporate takeover weaponry — the Preferred Share Purchase Rights Plan (“Rights Plan” or “Plan”). The validity of this mechanism has attracted national attention. Amici curiae briefs have been filed in support of appellants by the Security and Exchange Commission (“SEC”) 1 and the Investment Company Institute. An amicus curiae brief has been filed in support of appellees (“Household”) by the United Food and Commercial Workers International Union.
In a detailed opinion, the Court…
2Cases cited21 opinions
- Aronson v. LewisSupreme Court of Delaware · 1984
- Edgar v. Mite Corp.Supreme Court of the United States · 1982
- Smith v. Van GorkomSupreme Court of Delaware · 1985
- Unocal Corp. v. Mesa Petroleum Co.Supreme Court of Delaware · 1985
- Ruth Panter v. Marshall Field & Co., Richard Weiss v. Marshall Field & Co.Court of Appeals for the Seventh Circuit · 1981
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3Cited by157 opinions
- Tooley v. Donaldson, Lufkin, & Jenrette, Inc.Supreme Court of Delaware · 2004
- Cede & Co. v. Technicolor, Inc.Supreme Court of Delaware · 1994
- Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc.Supreme Court of Delaware · 1986
- Grobow v. PerotSupreme Court of Delaware · 1988
- Paramount Communications Inc. v. QVC Network Inc.Supreme Court of Delaware · 1994
152 more not listed; retrieve them via the Exa API.