Legal Opinion
Sundlun v. Executive Jet Aviation, Inc.
Court of Chancery of Delaware
Decided December 28, 1970PublishedCited by 12 opinions
1Opinion of the Court
DUFFY, Chancellor:
A contest for control of Executive Jet Aviation, Inc. (EJA), a Delaware corporation, is at issue in this case, and each side has moved for summary judgment as to Count Four of the complaint, which seeks a determination of the validity of the election of directors.
A
EJA was founded in 1964 by General O. F. Lassiter, one of the defendants. American Contract Company (ACC), a wholly-owned subsidiary of the Penn Central Transportation Company (then the Pennsylvania Railroad Company), acquired in 1965 a 58% equity interest in EJA. Penn Central caused EJA to amend its charter to…
2Cases cited8 opinions
- Standard Power & Light Corp. v. Investment Associates, Inc.Supreme Court of Delaware · 1947
- Standard Oilshares, Inc. v. Standard Oil Group, Inc.Court of Chancery of Delaware · 1930
- Holland v. National Automotive Fibres, Inc.Court of Chancery of Delaware · 1937
- Investment Associates, Inc. v. Standard Power & Light Corp.Court of Chancery of Delaware · 1946
- Gluckman v. HolzmanCourt of Chancery of Delaware · 1947
3 more not listed; retrieve them via the Exa API.
3Cited by12 opinions
- Anadarko Petroleum Corp. v. Panhandle Eastern Corp.Supreme Court of Delaware · 1988
- Sassano v. CIBC World Markets Corp.Court of Chancery of Delaware · 2008
- Bernstein v. TractManager, Inc.Court of Chancery of Delaware · 2007
- U. S. Industries, Inc. v. GreggDistrict Court, D. Delaware · 1972
- Berlin v. Emerald PartnersSupreme Court of Delaware · 1989
7 more not listed; retrieve them via the Exa API.