Legal Opinion
Moran v. Household International, Inc.
Court of Chancery of Delaware
Decided January 29, 1985PublishedCited by 116 opinions
1Opinion of the Court
WALSH, Vice Chancellor.
This action brought individually and derivatively by certain shareholders of Household International, Inc. (“Household”) seeks to invalidate a preferred stock rights dividend plan (the “Rights Plan”) adopted by a majority of Household’s Board of Directors on August 14, 1984. The original plaintiffs are John A. Moran, a Household director who voted against the Rights Plan and the company of which he is Chairman, Dyson-Kissner-Moran Corporation (“D-K-M”) the largest single shareholder of Household. On the eve of trial, Gretl Goiter, the holder of 500 shares of Household…
2Cases cited37 opinions
- Aronson v. LewisSupreme Court of Delaware · 1984
- Ruth Panter v. Marshall Field & Co., Richard Weiss v. Marshall Field & Co.Court of Appeals for the Seventh Circuit · 1981
- Owens v. Aetna Life & Casualty Co.Supreme Court of the United States · 1981
- Sinclair Oil Corporation v. LevienSupreme Court of Delaware · 1971
- Pogostin v. RiceSupreme Court of Delaware · 1984
32 more not listed; retrieve them via the Exa API.
3Cited by116 opinions
- Tooley v. Donaldson, Lufkin, & Jenrette, Inc.Supreme Court of Delaware · 2004
- Bayberry Associates v. JonesTennessee Supreme Court · 1990
- Orman v. CullmanCourt of Chancery of Delaware · 2002
- Grobow v. PerotSupreme Court of Delaware · 1988
- Kramer v. Western Pacific Industries, Inc.Supreme Court of Delaware · 1988
111 more not listed; retrieve them via the Exa API.