Legal Opinion

Levin v. Metro-Goldwyn-Mayer, Inc.

Court of Chancery of Delaware

Decided June 14, 1966PublishedCited by 6 opinions

1Opinion of the Court

MARVEL, Vice Chancellor.

Plaintiff, who is a director of the defendant Metro-Goldwyn-Mayer, Inc., claims to be the record holder of 112,510 shares of such corporation. Furthermore, according to his complaint, he and his wife own directly or indirectly a total of approximately 10% of defendant’s currently issued and outstanding common stock. He seeks a restraining order against the filing with the Secretary of State of Delaware of a charter amendment effected by the corporate defendant under the provisions of Title 8 Del. C. § 242, the issuance of stock authorized thereunder, and the removal…

2Cases cited15 opinions

  1. Allied Chemical & Dye Corp. v. Steel & Tube Co. of AmericaCourt of Chancery of Delaware · 1923
  2. Richard Paul, Inc. v. Union Improvement Co.Supreme Court of Delaware · 1952
  3. Gow v. Consolidated Coppermines Corp.Court of Chancery of Delaware · 1933
  4. Davis v. Louisville Gas & Electric Co.Court of Chancery of Delaware · 1928
  5. Atterbury v. Consolidated Coppermines Corp.Court of Chancery of Delaware · 1941

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3Cited by6 opinions

  1. Masterwear Corp. v. Angel & Frankel, P.C. (In Re Masterwear Corp.)United States Bankruptcy Court, S.D. New York · 1999
  2. Pena v. Westland Development Co., Inc.New Mexico Court of Appeals · 1988
  3. Mainiero v. Microbyx Corp.Court of Chancery of Delaware · 1996
  4. In re Devonshire PGA Holdings LLCUnited States Bankruptcy Court, D. Delaware · 2016
  5. Dollens v. Goosehead Insurance, Inc.Court of Chancery of Delaware · 2026

1 more not listed; retrieve them via the Exa API.

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