Legal Opinion

David J. Greene & Co. v. Schenley Industries, Inc.

Court of Chancery of Delaware

Decided June 15, 1971PublishedCited by 32 opinions

1Opinion of the Court

MARVEL, Vice Chancellor:

The complaint herein, which was filed on March S, 1971, seeks a preliminary and final order enjoining the consummation of a contemplated plan of merger proposed to be effected under the terms of 8 Del.C. § 251. It is claimed in the complaint that such projected merger is so grossly unfair to plaintiffs and other minority stockholders of the defendant Schenley that it must be enjoined as being an attempt by self-dealing officers and directors improperly to eliminate to a large extent the equity of minority stockholders to the corresponding advantage of the defendant…

2Cases cited18 opinions

  1. Sterling v. Mayflower Hotel Corp.Supreme Court of Delaware · 1952
  2. Keenan v. EshlemanSupreme Court of Delaware · 1938
  3. Gottlieb v. Heyden Chemical Corp.Supreme Court of Delaware · 1952
  4. Allied Chemical & Dye Corp. v. Steel & Tube Co. of AmericaCourt of Chancery of Delaware · 1923
  5. David J. Greene & Co. v. Dunhill International, Inc.Court of Chancery of Delaware · 1968

13 more not listed; retrieve them via the Exa API.

3Cited by32 opinions

  1. Weinberger v. UOP, Inc.Supreme Court of Delaware · 1983
  2. Singer v. Magnavox Co.Supreme Court of Delaware · 1977
  3. Green v. Santa Fe Industries, Inc.New York Court of Appeals · 1987
  4. Rabkin v. Philip A. Hunt Chemical Corp.Supreme Court of Delaware · 1985
  5. Gimbel v. Signal Companies, Inc.Court of Chancery of Delaware · 1974

27 more not listed; retrieve them via the Exa API.

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