Legal Opinion

Joseph E. Seagram & Sons, Inc. v. Conoco, Inc.

District Court, D. Delaware

Decided July 23, 1981No. Civ. A. 81-276PublishedCited by 16 opinions

1Opinion of the Court

MEMORANDUM OPINION

LATCHUM, Chief Judge.

Plaintiffs, Joseph E. Seagram & Sons, Inc. (“Seagram”), and its wholly-owned subsidiary, JES Holdings, Inc. (“JES”), are engaged in a hostile tender offer to acquire a controlling interest in defendant, Conoco, Inc. (“Conoco”). On June 25,1981, the date on which the material terms of the offer were publicly announced, plaintiffs brought this action, seeking a declaratory judgment: (1) that the provisions of the Delaware Takeover Statute 8 Del.C. § 203, are unconstitutional; (2) that a recently enacted amendment to Conoco’s bylaws which purports to place…

2Cases cited20 opinions

  1. Federal United Corp. v. HavenderSupreme Court of Delaware · 1940
  2. Kennecott Corp. v. SmithCourt of Appeals for the Third Circuit · 1980
  3. Sohland v. BakerSupreme Court of Delaware · 1927
  4. Nationwide Mutual Insurance Co. v. KrongoldSupreme Court of Delaware · 1974
  5. Providence & Worcester Co. v. BakerSupreme Court of Delaware · 1977

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

3Cited by16 opinions

  1. Shields v. ShieldsCourt of Chancery of Delaware · 1985
  2. Conoco, Inc. v. SkinnerCourt of Appeals for the Third Circuit · 1992
  3. Prentice I. Robinson v. Commissioner of Internal Revenue, Centronics Data Computer Corporation and Subsidiaries, IntervenorCourt of Appeals for the First Circuit · 1986
  4. Robinson v. CommissionerUnited States Tax Court · 1984
  5. San Francisco Real Estate Investors v. Real Estate Investment Trust of AmericaCourt of Appeals for the First Circuit · 1983

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

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