Legal Opinion
Empire of America Relocation Services, Inc. v. Commercial Credit Co.
Supreme Court of Delaware
Decided November 28, 1988PublishedCited by 48 opinions
1Opinion of the Court
HOLLAND, Justice:
This appeal relates to the sale by Commercial Credit Company (“Commercial Credit”) to Empire of America Relocation Services, Inc. (“Empire”) of all of the issued and outstanding stock of Relocation Realty, Inc. (“Relocation Realty”). Prior to the sale, Relocation Realty was a wholly owned subsidiary of Commercial Credit. The sale was effectuated by a Stock Purchase Agreement dated December 21, 1985 (“Agreement”) and two amendments to the Agreement, each dated January 24, 1986.
The subject matter of this litigation is the purchase price which Empire was to pay for the…
2Cases cited10 opinions
- John K. Rains v. Cascade Industries, IncCourt of Appeals for the Third Circuit · 1968
- Schmidt v. Magnetic Head Corp.Appellate Division of the Supreme Court of the State of New York · 1983
- Klair v. ReeseSupreme Court of Delaware · 1987
- Continental Oil Company v. Pauley Petroleum, Inc.Supreme Court of Delaware · 1969
- Cross v. HairSupreme Court of Delaware · 1969
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3Cited by48 opinions
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- Cerberus International, Ltd. v. Apollo Management L.P.Supreme Court of Delaware · 2002
- Fasciana v. Electronic Data Systems Corp.Court of Chancery of Delaware · 2003
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