Legal Opinion

Allison v. Preston

Court of Chancery of Delaware

Decided July 29, 1994No. Civ. A. 13538PublishedCited by 2 opinions

1Opinion of the Court

OPINION

CHANDLER, Vice Chancellor.

This is an action pursuant to 8 Del.C. §§ 225 and 231, in which plaintiffs, John A. Allison and John F. Kooken (collectively “plaintiffs”), seek a declaration that they are duly elected directors of US Facilities Corporation (“US Facilities”), instead of defendants, Seymour Preston, Jr. and Andrew F. Puzder (the “Fidelity Directors”). Plaintiffs, shareholders and former directors of US Facilities, were replaced as directors of US Facilities at its May 25, 1994 annual meeting (the “Annual Meeting”), where defendants, The Corporation Trust Company, Michael J.…

2Cases cited9 opinions

  1. Blasius Industries, Inc. v. Atlas Corp.Court of Chancery of Delaware · 1988
  2. In re Giant Portland Cement Co.Court of Chancery of Delaware · 1941
  3. American Hardware Corp. v. Savage Arms Corp.Supreme Court of Delaware · 1957
  4. Enstar Corp. v. SenoufSupreme Court of Delaware · 1987
  5. In re Canal Constuction Co.Court of Chancery of Delaware · 1936

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3Cited by2 opinions

  1. EMC Ins. Group, Inc. v. Gregory M. ShepardSupreme Court of Iowa · 2021
  2. EMC Ins. Group, Inc. v. Gregory M. ShepardSupreme Court of Iowa · 2021

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