Legal Opinion
Saxon Industries, Inc. v. NKFW Partners
Supreme Court of Delaware
Decided February 15, 1985PublishedCited by 10 opinions
1Opinion of the Court
MOORE, Justice:
In this appeal we address a matter of first impression — the interaction of the Bankruptcy Code with the General Corporation Law of the State of Delaware. Saxon Industries, Inc. (Saxon) appeals an order of the Court of Chancery directing it to hold an annual stockholders’ meeting to elect directors notwithstanding Saxon’s pending reorganization under Chapter 11 of the Bankruptcy Code. The plaintiff, NKFW Partners (NKFW), owns stock in Saxon and sued pursuant to 8 Del. C. § 211 to compel an annual meeting which had not been held for over 31 months. Following trial, the Vice…
2Cases cited8 opinions
- In Re J. P. Linahan, Inc.Court of Appeals for the Second Circuit · 1940
- In Re Potter Instrument Co., Inc., Debtor. In Re Potter Data Products Corp., Debtor. In Re Potter Data Systems, Inc., Debtor, Appeal of John T. PotterCourt of Appeals for the Second Circuit · 1979
- Unit, Inc. v. Kentucky Fried Chicken CorporationSuperior Court of Delaware · 1973
- Coaxial Communications, Inc. v. CNA Financial Corp.Supreme Court of Delaware · 1976
- Prickett v. American Steel and Pump CorporationCourt of Chancery of Delaware · 1969
3 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- Manville Corp. v. Equity Security Holders Committee (In Re Johns-Manville Corp.)United States Bankruptcy Court, S.D. New York · 1985
- In Re United Press International, Inc.District Court, District of Columbia · 1986
- Speiser v. BakerCourt of Chancery of Delaware · 1987
- Clabault v. Caribbean Select, Inc.Court of Chancery of Delaware · 2002
- Hoschett v. TSI International Software, Ltd.Court of Chancery of Delaware · 1996
5 more not listed; retrieve them via the Exa API.