E.I. Du Pont De Nemours & Co. v. Hem Research, Inc.
Court of Chancery of Delaware
1Opinion of the Court
OPINION
JACOBS, Vice Chancellor.
The plaintiff, E.I. duPont de Nemours and Company, a Delaware corporation (“DuPont”) has moved for a preliminary injunction restraining the defendant, HEM Research, Inc., a Maryland corporation (“HEM”), from paying a dividend, making other distributions, or otherwise dissipating its assets other than in the ordinary course of its business. This is the decision of the Court on that motion.
I
In this action, DuPont seeks to undo its shareholder and contractual relationship with HEM. HEM is a research corporation that owns certain rights with respect to Ampligen,…
2Cases cited8 opinions
- De Beers Consolidated Mines, Ltd. v. United StatesSupreme Court of the United States · 1945
- Ivanhoe Partners v. Newmont Mining Corp.Supreme Court of Delaware · 1987
- Shields v. ShieldsCourt of Chancery of Delaware · 1985
- DuPont Bayard v. MartinSupreme Court of Delaware · 1953
- Heilman v. Union Canal Co.Supreme Court of Pennsylvania · 1860
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3Cited by8 opinions
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- DE RIVER AND BAY AUTH. v. York Hunter Const., Inc.New Jersey Superior Court Appellate Division · 2001
- American Healthcare Administrative Services, Inc. v. AizenCourt of Chancery of Delaware · 2022
- American Healthcare Administrative Services, Inc. v. AizenCourt of Chancery of Delaware · 2022
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