Oceanic Exploration Co. v. Grynberg

QUILLEN, Justice:

This appeal comes before this Court on a challenge to an interlocutory order. Notwithstanding the stage of the proceedings, however, the case already has a lengthy legal history in the Court of Chancery and has been the subject of two lengthy opinions by the Vice Chancellor. Grynberg v. Burke, Del.Ch., 378 A.2d 139 (1977); Gryn berg v. Burke, Del.Ch., 410 A.2d 169 (1979). We rely heavily on the opinions below for the statement of the facts and the statement of the issues before us.

Plaintiffs, individually and as trustees, are the owners of 76 per cent of the outstanding stock…