Legal Opinion
Lynch v. Vickers Energy Corp.
Supreme Court of Delaware
Decided October 18, 1977PublishedCited by 90 opinions
1Opinion of the Court
DUFFY, Justice:
In this tender offer case, plaintiff, a former shareholder of TransOcean Oil, Inc. (TransOcean), filed a class action in the Court of Chancery seeking damages from defendants, Vickers Energy Corporation (Vickers), Esmark Inc. (Esmark), and the directors of TransOcean. Both corporate defendants are chartered in Delaware. After trial, judgment was entered for defendants and this appeal followed.
I
Briefly, the relevant facts are these: 1
On September 30,1974, Vickers, a wholly-owned subsidiary of Esmark, made an offer to purchase all outstanding TransOcean common stock at a price of…
2Cases cited9 opinions
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- Singer v. Magnavox Co.Supreme Court of Delaware · 1977
- Speed v. Transamerica Corp.District Court, D. Delaware · 1951
- Allied Chemical & Dye Corp. v. Steel & Tube Co. of AmericaCourt of Chancery of Delaware · 1923
- Lank v. SteinerSupreme Court of Delaware · 1966
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3Cited by90 opinions
- Weinberger v. UOP, Inc.Supreme Court of Delaware · 1983
- Smith v. Van GorkomSupreme Court of Delaware · 1985
- Malone v. BrincatSupreme Court of Delaware · 1998
- Rosenblatt v. Getty Oil Co.Supreme Court of Delaware · 1985
- Arnold v. Society for Savings Bancorp, Inc.Supreme Court of Delaware · 1994
85 more not listed; retrieve them via the Exa API.