Legal Opinion
Kaplan v. Centex Corporation
Court of Chancery of Delaware
Decided October 22, 1971PublishedCited by 64 opinions
1Opinion of the Court
DUFFY, Chancellor:
This is a derivative action by a stockholder of Lomas & Nettleton Financial Corporation (L. & N.) for its benefit. Defendants are two corporations with which L. & N. was involved in joint ventures, Centex Corporation (Centex) and Heftier Construction Company (Heftier), and various individuals with an interest in one or more of the three corporations. This is the decision after trial on the merits.
A
Centex and Heftier are construction companies which invest in and develop large real estate projects. L. & N. is in the business of providing mortgage banking, direct lending and…
2Cases cited19 opinions
- Blish v. Thompson Automatic Arms Corp.Supreme Court of Delaware · 1948
- Hob Tea Room, Inc. v. MillerSupreme Court of Delaware · 1952
- Warshaw v. CalhounSupreme Court of Delaware · 1966
- Porges v. Vadsco Sales Corp.Court of Chancery of Delaware · 1943
- Loft, Inc. v. GuthCourt of Chancery of Delaware · 1938
14 more not listed; retrieve them via the Exa API.
3Cited by64 opinions
- Aronson v. LewisSupreme Court of Delaware · 1984
- Rales v. Blasband Ex Rel. Easco Hand Tools, Inc.Supreme Court of Delaware · 1993
- Smith v. Van GorkomSupreme Court of Delaware · 1985
- Orman v. CullmanCourt of Chancery of Delaware · 2002
- Grobow v. PerotSupreme Court of Delaware · 1988
59 more not listed; retrieve them via the Exa API.