Jackson National Life Insurance v. Kennedy
Court of Chancery of Delaware
1Opinion of the Court
OPINION
STEELE, Vice Chancellor.
I. ISSUES PRESENTED
Benchmark Holdings Inc. (“Benchmark Holdings”) and Jackson National Life Insurance Co. (“Jackson National”), a preferred stockholder of Benchmark Holdings, brought an action against the former president and sole director of Benchmark Holdings, Michael T. Kennedy, and a number of corporate entities associated with the acquisition of Benchmark Holdings’ assets by Fort James Operating Corp. Fort James Corp. and Fort James Operating Corp. have filed a 12(b)(6) motion to dismiss Count IX of the complaint, as well as that portion of Count X…
2Cases cited18 opinions
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- Weinberger v. UOP, Inc.Supreme Court of Delaware · 1983
- In Re Santa Fe Pacific Corp. Shareholder LitigationSupreme Court of Delaware · 1995
- Grobow v. PerotSupreme Court of Delaware · 1988
- Malone v. BrincatSupreme Court of Delaware · 1998
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