Legal Opinion
Manacher v. Reynolds
Court of Chancery of Delaware
Decided October 21, 1960PublishedCited by 16 opinions
1Opinion of the Court
Seitz, Chancellor:
This is the decision on the fairness of a proposed settlement basically between the A and B stockholders of one of the corporate defendants, United States Foil Company (“Foil”), a Delaware corporation.
Foil was organized in 1919 with 15,000 shares of common stock. In 1924 its certificate was amended to create a new class of voting stock designated as Class B stock without voting power. The previously outstanding common stock was redesignated as Class A voting stock. The rights of both classes were the same except that the A had sole *404voting power in the absence of any…
2Cases cited23 opinions
- Jane Perlman v. C. Russell Feldmann, Newport Steel CorporationCourt of Appeals for the Second Circuit · 1955
- In re the Accounting of HubbellNew York Court of Appeals · 1951
- Zahn v. Transamerica CorporationCourt of Appeals for the Third Circuit · 1947
- Gottlieb v. Heyden Chemical Corp.Supreme Court of Delaware · 1952
- Lebold v. Inland Steel Co.Court of Appeals for the Seventh Circuit · 1941
18 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- Christophides v. PorcoDistrict Court, S.D. New York · 1968
- Warshaw v. CalhounSupreme Court of Delaware · 1966
- Levin v. Mississippi River Corp.District Court, S.D. New York · 1973
- Harriman v. E. I. Du Pont De Nemours & Co.District Court, D. Delaware · 1975
- Manacher v. ReynoldsCourt of Chancery of Delaware · 1960
11 more not listed; retrieve them via the Exa API.