Legal Opinion
Ivanhoe Partners v. Newmont Mining Corp.
Court of Chancery of Delaware
Decided October 15, 1987No. Civ. A. 9281, 9221PublishedCited by 27 opinions
1Opinion of the Court
OPINION
JACOBS, Vice Chancellor.
The pending motion for a preliminary injunction involves a challenge under Dela ware law to an antitakeover defense some times picturesquely described as a “street sweep.” That sobriquet is used by cognos-cienti in the esoteric field of corporate takeovers to refer to a rapid accumulation of a large block of target corporation’s stock, through open market or privately negotiated purchases or a combination of both. Until now the validity of “street sweeps” which facilitate or impede a hostile takeover has been decided under federal law. Recent federal court…
2Cases cited19 opinions
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- Weinberger v. UOP, Inc.Supreme Court of Delaware · 1983
- Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc.Supreme Court of Delaware · 1986
- Unocal Corp. v. Mesa Petroleum Co.Supreme Court of Delaware · 1985
- Rosenblatt v. Getty Oil Co.Supreme Court of Delaware · 1985
14 more not listed; retrieve them via the Exa API.
3Cited by27 opinions
- Ivanhoe Partners v. Newmont Mining Corp.Supreme Court of Delaware · 1987
- Solomon v. ArmstrongCourt of Chancery of Delaware · 1999
- Wieboldt Stores, Inc. v. SchottensteinDistrict Court, N.D. Illinois · 1988
- Eisenberg v. Chicago Milwaukee Corp.Court of Chancery of Delaware · 1987
- Katz v. Chevron Corp.California Court of Appeal · 1994
22 more not listed; retrieve them via the Exa API.