Legal Opinion

Elster v. American Airlines, Inc.

Court of Chancery of Delaware

Decided June 16, 1954PublishedCited by 2 opinions

1Opinion of the Court

Bramhall, Vice Chancellor:

This is a derivative action by plaintiff stockholder to compel defendant to cancel certain stock options. A more complete statement of the facts has been set forth in a former opinion dated October 14, 1953, found ante p. 94, 100 A.2d 219. A motion to dismiss was filed by defendant, alleging the lack of indispensable parties. Prior to the disposition of this motion plaintiff propounded to defendant certain interrogatories relating to the identity of the optionees and the circumstances of the issuance of the stock options. Defendant has objected to these…

2Cases cited4 opinions

  1. Greene v. JohnstonSupreme Court of Delaware · 1953
  2. Nachod & United States Signal Co. v. Automatic Signal Corp.Court of Appeals for the Second Circuit · 1939
  3. Greene v. AllenCourt of Chancery of Delaware · 1953
  4. Frederick Hart & Co. v. Recordgraph Corp.District Court, D. Delaware · 1947

3Cited by2 opinions

  1. State v. HalkoSuperior Court of Delaware · 1962
  2. Elster v. AlexanderDistrict Court, N.D. Georgia · 1988

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API