Legal Opinion
American General Corp. v. Continental Airlines Corp.
Court of Chancery of Delaware
Decided May 14, 1992No. Civ. A. 8390PublishedCited by 48 opinions
1Opinion of the Court
HARTNETT, Vice Chancellor.
In 1987 this Court found that the defendants, Continental Airlines Corporation (“Continental”) and Texas Air Corporation (“Texas Air”), had breached a provision in an 1983 Loan Agreement between American General and Continental that provided that American General was entitled to receive the same stock option that was given to the employees of Continental as part of the 1987 merger between Continental and its majority stockholder Texas Air Corporation, (“the Employee Option”). After trial on the issue of the amount of damages to be awarded because of the breach the…
2Cases cited15 opinions
- Bigelow v. RKO Radio Pictures, Inc.Supreme Court of the United States · 1946
- Weinberger v. UOP, Inc.Supreme Court of Delaware · 1983
- Citadel Holding Corp. v. RovenSupreme Court of Delaware · 1992
- Rapid-American Corp. v. HarrisSupreme Court of Delaware · 1992
- Madison Fund, Inc. v. Charter Co.District Court, S.D. New York · 1977
10 more not listed; retrieve them via the Exa API.
3Cited by48 opinions
- Brzoska v. OlsonSupreme Court of Delaware · 1995
- Fleur Bresler v. Wilmington Trust CompanyCourt of Appeals for the Fourth Circuit · 2017
- Roxas v. MarcosHawaii Supreme Court · 1998
- Duncan v. Theratx, Inc.Supreme Court of Delaware · 2001
- SIGA Technologies, Inc. v. Pharmathene, Inc.Supreme Court of Delaware · 2015
43 more not listed; retrieve them via the Exa API.