Legal Opinion
Raynor v. LTV Aerospace Corporation
Court of Chancery of Delaware
Decided January 14, 1975PublishedCited by 2 opinions
1Opinion of the Court
OPINION AND ORDER ON MOTION FOR REARGUMENT, MOTION DENIED
QUILLEN, Chancellor.
By letter opinion dated December 31, 1974, the Court regretfully concluded that Abraham Torgow did not perfect his right to a statutory appraisal proceeding because the registered holder of the 1400 shares did not object in writing before the stockholder vote on the merger. This is a requirement under our law. 8 Del.C. § 262(a) and (b); Carl M. Loeb, Rhoades & Co. v. Hilton, etc., 43 Del.Ch. 206, 222 A.2d 789 (Sup.Ct.1966) and cases cited therein; Folk, The Delaware General Corporation Law, A Commentary and Analysis…
2Cases cited7 opinions
- Salt Dome Oil Corp. v. SchenckSupreme Court of Delaware · 1945
- Drob v. National Memorial Park, Inc.Court of Chancery of Delaware · 1945
- In re the Appraisal of Shares of Common Stock of Universal Pictures Co.Court of Chancery of Delaware · 1944
- Carl M. Loeb, Rhoades & Co. v. Hilton Hotels Corp.Supreme Court of Delaware · 1966
- Olivetti Underwood Corp. v. Jacques Coe & Co.Supreme Court of Delaware · 1966
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3Cited by2 opinions
- Enstar Corp. v. SenoufSupreme Court of Delaware · 1987
- Anagnost v. Hammond Corp.Appellate Court of Illinois · 1979