Legal Opinion

Hoffman v. Dann

Court of Chancery of Delaware

Decided November 17, 1964PublishedCited by 2 opinions

1Opinion of the Court

Wolcott, Chief Justice:

These are appeals from a judgment of approval of the settlement of a stockholders’ derivative action brought in behalf of Chrysler Corporation. The settlement approved disposed of two stockholders’ derivative actions which had been consolidated for the purpose of.settlement. In the two actions 17 separate causes of action, involving in all 70 separate claims, were asserted against 97 individual and corporate defendants.

The causes of action may be divided into three classifications: (1) charges that certain officers of Chrysler had personally profited from transactions…

2Cases cited21 opinions

  1. Northwestern States Portland Cement Co. v. MinnesotaSupreme Court of the United States · 1959
  2. Sterling v. Mayflower Hotel Corp.Supreme Court of Delaware · 1952
  3. Keenan v. EshlemanSupreme Court of Delaware · 1938
  4. Kerbs v. California Eastern Airways, Inc.Supreme Court of Delaware · 1952
  5. Gottlieb v. Heyden Chemical Corp.Supreme Court of Delaware · 1952

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3Cited by2 opinions

  1. Prince v. BensingerCourt of Chancery of Delaware · 1968
  2. Hoffman v. DannSupreme Court of Delaware · 1964

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