Legal Opinion
Coaxial Communications, Inc. v. CNA Financial Corp.
Supreme Court of Delaware
Decided September 10, 1976PublishedCited by 10 opinions
1Opinion of the Court
DUFFY, Justice:
In the Court of Chancery CNA Financial Corporation, a Delaware corporation, (plaintiff), sought and secured an order under 8 Del.C. § 211 directing that an annual meeting of the shareholders of Coaxial Communications, Inc., a Delaware corporation, (defendant), be held for the purpose of electing a Board of Directors. 1 A Master was appointed to call and hold the meeting. This appeal followed. 2
I
The complaint alleges, and it seems undisputed, that CNA is the owner of approximately 50.98% of the issued and outstanding stock of Coaxial. Before the complaint was filed in the Court…
2Cases cited5 opinions
- McWane Cast Iron Pipe Corp. v. McDowell-Wellman Engineering Co.Supreme Court of Delaware · 1970
- Martin v. American Potash & Chemical Corp.Supreme Court of Delaware · 1952
- Shellburne, Inc. v. RobertsSupreme Court of Delaware · 1968
- Prickett v. American Steel and Pump CorporationCourt of Chancery of Delaware · 1969
- United Engines, Inc. v. Sperry Rand CorporationSupreme Court of Delaware · 1970
3Cited by10 opinions
- Blasius Industries, Inc. v. Atlas Corp.Court of Chancery of Delaware · 1988
- Speiser v. BakerCourt of Chancery of Delaware · 1987
- JANA Master Fund, Ltd. v. CNET Networks, Inc.Court of Chancery of Delaware · 2008
- In Re the Real Estate of MartaSupreme Court of Delaware · 1996
- Saxon Industries, Inc. v. NKFW PartnersSupreme Court of Delaware · 1985
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