Legal Opinion
Kerkorian v. Western Air Lines, Inc.
Court of Chancery of Delaware
Decided April 14, 1969No. Civ. A. 2987PublishedCited by 10 opinions
1Opinion of the Court
DUFFY, Chancellor:
In this action Kirk Kerkorian (plaintiff) seeks inspection of the stock ledger and a list of stockholders of Western Air Lines, Inc., a Delaware corporation (defendant). Western has outstanding 4,903,852 shares of stock; Kerkorian is the owner of record of 1,380,995 of those shares. If all of his holdings in Western were converted into common stock, he would have some 30% of the total outstanding.
Acting under 8 Del.C. § 220, Kerkorian made demand on February 28, 1969 for a list of stockholders “for the purpose of communicating with them on matters relating to our mutual…
2Cases cited5 opinions
- Henshaw v. American Cement CorporationCourt of Chancery of Delaware · 1969
- General Time Corporation v. Talley Industries, Inc.Supreme Court of Delaware · 1968
- In re Canal Constuction Co.Court of Chancery of Delaware · 1936
- Prickett v. American Steel and Pump CorporationCourt of Chancery of Delaware · 1969
- In re Diamond State Brewery, Inc.Court of Chancery of Delaware · 1938
3Cited by10 opinions
- Financial General Bankshares, Inc. v. MetzgerDistrict Court, District of Columbia · 1981
- Hillhaven Corp. v. State Ex Rel. Manor Care, Inc.Tennessee Supreme Court · 1978
- Mite Corporation v. Heli-Coil CorporationCourt of Chancery of Delaware · 1969
- Singer v. MAGNOVOX COMPANYCourt of Chancery of Delaware · 1976
- Fleisher Development Corp. v. Home Owners Warranty Corp.District Court, District of Columbia · 1986
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