Legal Opinion
In Re RJR Nabisco, Inc. Shareholders Lit.
Court of Chancery of Delaware
Decided February 8, 1990PublishedCited by 5 opinions
1Opinion of the Court
OPINION
ALLEN, Chancellor.
Pending is a motion to intervene as defendants and to assert a declaratory judgment counterclaim. Applicants are Lazard Freres & Company and Dillon Read & Company, Inc., the investment bank advisors to the special committee of the board of directors of RJR Nabisco, Inc. in the auction and sale of that company to an affiliate of Kohlberg Kravis Roberts & Co. (“KKR”).
Also pending is a motion by plaintiffs— RJR shareholders prior to the KKR merger — to stay this litigation while a subsequently filed class suit by these plaintiffs charging the investment banks with…
2Cases cited26 opinions
- International Shoe Co. v. WashingtonSupreme Court of the United States · 1945
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- World-Wide Volkswagen Corp. v. WoodsonSupreme Court of the United States · 1980
- Shaffer v. HeitnerSupreme Court of the United States · 1977
- Schwartz v. Public AdministratorNew York Court of Appeals · 1969
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3Cited by5 opinions
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