Judah v. Delaware Trust Co.

McNEILLY, Justice:

In this declaratory judgment action, seeking a determination that certain stock and debentures of plaintiff Shanghai Power Company (SPC) are without value, the primary question before this Court is whether the Court of Chancery properly granted SPC’s motions for summary judgment against defendants S. A. Judah (Judah) and Delaware Trust Company (DTC). 1

I

Because of the complexity of this case, we set forth its procedural posture: Plaintiff SPC filed a complaint in the Court of Chancery seeking a judgment declaring its 6 Tael Silver Preferred Stock (Silver Preferred Stock) 2…