Legal Opinion
Heit v. Tenneco, Inc.
District Court, D. Delaware
Decided December 11, 1970No. Civ. A. 3686PublishedCited by 38 opinions
1Opinion of the Court
OPINION
LATCHUM, District Judge.
On March 19, 1969, plaintiff 1 brought this stockholder’s derivative ac tion on behalf of J. I. Case Company 2 (“Case”) against Tenneco Inc., 3 Tenneco Corporation (“Tenneco C”), Case and thirteen individual defendants, directors or former directors of Case. 4 Jurisdiction of this Court was based upon diversity of citizenship. 5 28 U.S.C. § 1332. In general, the complaint alleged that Tenneco Inc. owned 100% of the common stock and 83% of the voting stock of Tenneco C, that Tenneco C owned 56% of the voting stock of Case, that by virtue of this voting power,…
2Cases cited7 opinions
- Erie Railroad v. TompkinsSupreme Court of the United States · 1938
- Bokat v. Getty Oil CompanySupreme Court of Delaware · 1970
- Braasch v. GoldschmidtCourt of Chancery of Delaware · 1964
- Argenbright v. Phoenix Finance Co. of IowaCourt of Chancery of Delaware · 1936
- Braasch v. Galdi Securities Corp.Court of Chancery of Delaware · 1964
2 more not listed; retrieve them via the Exa API.
3Cited by38 opinions
- Levitt v. BouvierSupreme Court of Delaware · 1972
- Fed. Sec. L. Rep. P 94,405 Joe L. Smallwood v. Pearl Brewing Company, Southdown, Inc., Zapata Norness, Inc., Albert J. Rangeand D. Doyle MizeCourt of Appeals for the Fifth Circuit · 1974
- Lewis v. AndersonSupreme Court of Delaware · 1984
- Michael Susman v. Lincoln American Corp., Ann Flamm and Arnold Flamm v. Rudolph Eberstadt, Jr. And Microdot, Inc.Court of Appeals for the Seventh Circuit · 1978
- Kalmanovitz v. G. Heileman Brewing Co., Inc.District Court, D. Delaware · 1984
33 more not listed; retrieve them via the Exa API.