Legal Opinion
Grobow v. Perot
Court of Chancery of Delaware
Decided April 13, 1987No. Civ.A. 8759, 8760 and 8765PublishedCited by 23 opinions
1Opinion of the Court
OPINION
JACOBS, Vice Chancellor.
Presently pending are motions to dismiss in three 1 consolidated shareholder derivative actions on behalf of General Motors Corporation (“GM”), challenging a repurchase by GM of certain securities and notes issued to defendant H. Ross Perot (“Perot”), a member of GM’s Board of Directors, and to other persons. Named as defendants in one or more of the actions (in addition to GM) are GM’s individual directors, Perot, Electronic Data Systems (“EDS”) and certain of EDS’ directors. The plaintiffs seek various forms of relief based on claims that GM’s directors…
2Cases cited15 opinions
- Aronson v. LewisSupreme Court of Delaware · 1984
- Zapata Corp. v. MaldonadoSupreme Court of Delaware · 1981
- Smith v. Van GorkomSupreme Court of Delaware · 1985
- Pogostin v. RiceSupreme Court of Delaware · 1984
- Moran v. Household International, Inc.Supreme Court of Delaware · 1985
10 more not listed; retrieve them via the Exa API.
3Cited by23 opinions
- Grobow v. PerotSupreme Court of Delaware · 1988
- Levine v. SmithSupreme Court of Delaware · 1991
- American International Group, Inc. v. GreenbergCourt of Chancery of Delaware · 2009
- Solomon v. Pathe Communications Corp.Supreme Court of Delaware · 1996
- In Re Bear Stearns Companies, Inc. Securities, Derivative, & Erisa LitigationDistrict Court, S.D. New York · 2011
18 more not listed; retrieve them via the Exa API.