Pan American T. & I. Corp. v. Commercial Metals Co.

154 A.2d 151 (1959)

PAN AMERICAN TRADE AND INVESTMENT CORPORATION, a Delaware Corporation, American Rail and Steel Co., a Delaware Corporation, and Milton E. Canter, Plaintiffs,

v.

COMMERCIAL METALS CO., a Delaware Corporation, Defendant.

Court of Chancery of Delaware, New Castle.

August 21, 1959.

George T. Coulson, of Morris, Nichols, Arsht & Tunnell, Wilmington, and Louis Urow, Washington, D. C., for plaintiffs.

John P. Sinclair, of Berl, Potter & Anderson, Wilmington, for defendant.

MARVEL, Vice Chancellor.

Plaintiffs seek an accounting for their claimed share of profits derived by defendant from…