Legal Opinion
Savin Business MacHines Corp. v. Rapifax Corp.
Court of Chancery of Delaware
Decided July 1, 1977PublishedCited by 5 opinions
1Opinion of the Court
BROWN, Vice Chancellor.
Savin Business Machines Corporation and its wholly-owned subsidiary, Savin Data Communications Corporation, (hereafter “Savin”), bring this action as shareholders of the defendant Rapifax Corporation (“Rapifax”) to compel a meeting of shareholders of Rapifax pursuant to 8 Del.C. § 211. The primary purpose of the suit is to bring about an election of directors. § 211 provides in part as follows with regard to the duty of a Delaware corporation to hold an annual meeting of its shareholders:
“If there be a failure to hold the annual meeting for a period of 30 days after the…
2Cases cited3 opinions
- Coaxial Communications, Inc. v. CNA Financial Corp.Supreme Court of Delaware · 1976
- Prickett v. American Steel and Pump CorporationCourt of Chancery of Delaware · 1969
- Tweedy, Browne & Knapp v. Cambridge Fund, Inc.Court of Chancery of Delaware · 1974
3Cited by5 opinions
- Manville Corp. v. Equity Security Holders Committee (In Re Johns-Manville Corp.)United States Bankruptcy Court, S.D. New York · 1985
- Miller Waste Mills, Inc. v. MacKayCourt of Appeals of Minnesota · 1994
- Saxon Industries, Inc. v. NKFW PartnersSupreme Court of Delaware · 1985
- Clabault v. Caribbean Select, Inc.Court of Chancery of Delaware · 2002
- In re: Hawk Systems, Inc. a Delaware corporationCourt of Chancery of Delaware · 2019