Legal Opinion
Shiftan v. Morgan Joseph Holdings, Inc.
Court of Chancery of Delaware
Decided January 13, 2012No. Civil Action No. 6424-CSPublishedCited by 12 opinions
1Opinion of the Court
OPINION
STRINE, Chancellor.
I. Introduction
Defendant Morgan Joseph Holdings, Inc. is an investment bank in which the petitioners held Series A Preferred Stock. The petitioners bought their preferred stock when Morgan Joseph was founded in 2001, helping to provide the initial funding for the company. Until late 2010, Morgan Joseph had outstanding two classes of preferred stock (Series A and Series B) and one class of common stock. The rights and designations of each series of preferred stock were set forth in Morgan Joseph’s certificate of incorporation dated June 29, 2001 (the “Certificate”).…
2Cases cited20 opinions
- Weinberger v. UOP, Inc.Supreme Court of Delaware · 1983
- Rhone-Poulenc Basic Chemicals Co. v. American Motorists Insurance Co.Supreme Court of Delaware · 1992
- Eagle Industries, Inc. v. DeVilbiss Health Care, Inc.Supreme Court of Delaware · 1997
- United Rentals, Inc. v. RAM Holdings, Inc.Court of Chancery of Delaware · 2007
- Cavalier Oil Corp. v. HarnettSupreme Court of Delaware · 1989
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3Cited by12 opinions
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- State, Department of Transportation v. Figg Bridge Engineers, Inc.Superior Court of Delaware · 2013
- Cedarview Opportunities Master Fund, L.P. v. Spanish Broadcasting System, Inc.Court of Chancery of Delaware · 2018
- Global Capital Partners LLC v. Green Sapphire Holdings, Inc.Court of Chancery of Delaware · 2026
- In re Appraisal of Goodcents Holdings, Inc.Court of Chancery of Delaware · 2017
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