Legal Opinion
LaSalle National Bank v. Perelman
District Court, D. Delaware
Decided April 10, 2001No. CIV. A. 97-645 RRMPublishedCited by 9 opinions
1Opinion of the Court
OPINION
McKELVIE, District Judge.
This is a commercial case. In 1993 and 1994, Marvel Holdings Inc. (“Holdings”), Marvel (Parent) Holdings Inc. (“Parent”) and Marvel III Holdings Inc. (“Marvel III”) (collectively, the “Marvel Holding Companies”) issued a series of notes secured by stock of their subsidiary, Marvel Entertainment Group, Inc. (“Marvel”). The directors of the Marvel Holding Companies used the $550 million in proceeds from the notes to pay dividends to their parent corporations. Less than three years later, on December 27, 1996, Marvel and the Marvel Holding Companies filed…
2Cases cited11 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
- Metropolitan Life Insurance Company v. Rjr Nabisco, IncorporatedCourt of Appeals for the Second Circuit · 1990
- Geyer v. Ingersoll Publications Co.Court of Chancery of Delaware · 1992
6 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- U.S. Bank National Ass'n v. U.S. Timberlands Klamath Falls, L.L.C.Court of Chancery of Delaware · 2004
- In Re Smurfit-Stone Container Corp.United States Bankruptcy Court, D. Delaware · 2011
- Cortland St. Recovery Corp. v. BondermanAppellate Division of the Supreme Court of the State of New York · 2023
- Cortland St. Recovery Corp. v. BondermanAppellate Division of the Supreme Court of the State of New York · 2023
- AmeriMark Interactive, LLC v. AmeriMark Holdings, LLCSuperior Court of Delaware · 2022
4 more not listed; retrieve them via the Exa API.