Legal Opinion

Wylain, Inc. v. TRE Corp.

Court of Chancery of Delaware

Decided January 31, 1980No. Civ. A. 6039 (1979)PublishedCited by 12 opinions

1Opinion of the Court

HARTNETT, Vice Chancellor.

Plaintiff-Wylain, Inc. (“Wylain”) seeks a preliminary injunction prohibiting defendants-TRE Corporation (“TRE”) and Trelain Corporation (“Trelain”) from consummating or taking any further action in connection with a cash tender offer made by the defendants for the outstanding shares of common stock of Wylain. It is undisputed that -the defendants, in making the tender offer, did not comply with the Delaware Tender Offer Act — 8 Del.C. § 203. The only real issue is whether the Delaware Tender Offer Act is unconstitutional as being in violation of the Commerce Clause…

2Cases cited40 opinions

  1. Cort v. AshSupreme Court of the United States · 1975
  2. Pike v. Bruce Church, Inc.Supreme Court of the United States · 1970
  3. Florida Lime & Avocado Growers, Inc. v. PaulSupreme Court of the United States · 1963
  4. Jones v. Rath Packing Co.Supreme Court of the United States · 1977
  5. Ogden v. SaundersSupreme Court of the United States · 1827

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3Cited by12 opinions

  1. McDermott Inc. v. LewisSupreme Court of Delaware · 1987
  2. VonFeldt v. Stifel Financial Corp.Supreme Court of Delaware · 1998
  3. Aprahamian v. HBO & Co.Court of Chancery of Delaware · 1987
  4. Draper Communications, Inc. v. Delaware Valley Broadcasters Ltd. PartnershipCourt of Chancery of Delaware · 1985
  5. Empire of Carolina, Inc. v. Deltona Corp.Court of Chancery of Delaware · 1985

7 more not listed; retrieve them via the Exa API.

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