Schreiber v. Carney
Court of Chancery of Delaware
1Opinion of the Court
HARTNETT, Vice Chancellor.
In this stockholder’s derivative action, Leonard I. Schreiber, the plaintiff, brought suit on behalf of defendant — Texas International Airlines, Inc. (“Texas International”), a Delaware corporation, challenging the propriety of a loan from Texas International to defendant — Jet Capital Corporation (“Jet Capital”), the holder of 35% of the shares of stock of Texas International. Also joined as individual defendants were Texas International’s board of directors— several of whom also served on Jet Capital’s board of directors. The matter is presently before the Court…
2Cases cited25 opinions
- Michelson v. DuncanSupreme Court of Delaware · 1979
- Kerbs v. California Eastern Airways, Inc.Supreme Court of Delaware · 1952
- Bokat v. Getty Oil CompanySupreme Court of Delaware · 1970
- Gottlieb v. Heyden Chemical Corp.Supreme Court of Delaware · 1952
- Rosenthal v. Burry Biscuit Corp.Court of Chancery of Delaware · 1948
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3Cited by44 opinions
- Feldman v. FloodDistrict Court, M.D. Florida · 1997
- Kramer v. Western Pacific Industries, Inc.Supreme Court of Delaware · 1988
- Lewis v. AndersonSupreme Court of Delaware · 1984
- Feldman v. CutaiaSupreme Court of Delaware · 2008
- Alfred Blasband v. Steven M. Rales Mitchell P. Rales John Doe 1-10 Danaher Corporation, Alfred Blasband, Derivatively on Behalf of Danaher CorporationCourt of Appeals for the Third Circuit · 1992
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