Legal Opinion

Sands v. Lefcourt Realty Corporation

Supreme Court of Delaware

Decided October 14, 1955No. 7, 1955PublishedCited by 35 opinions

1Opinion of the Court

Southerland, Chief Justice:

This is a suit in equity by Lefcourt Realty Corporation against Harry Sands, a former director, and his wife. Lefcourt seeks an accounting for alleged illegal profits arising out of corporate transactions, and also other relief.

The Sands are residents of Florida. Shares of Lefcourt stock were seized to compel their appearance. They moved for leave to appear specially and defend on the merits with liability limited to the value of the seized property. The Vice Chancellor denied the motion. Del.Ch., 113 A.2d 428. The Sands appeal.

The question presented is this:

Under…

2Cases cited18 opinions

  1. McQuillen v. National Cash Register Co.Court of Appeals for the Fourth Circuit · 1940
  2. Cantor v. SachsCourt of Chancery of Delaware · 1932
  3. Cheshire National Bank v. JaynesMassachusetts Supreme Judicial Court · 1916
  4. Anderson v. BensonDistrict Court, D. Nebraska · 1953
  5. Bantum v. StateSupreme Court of Delaware · 1952

13 more not listed; retrieve them via the Exa API.

3Cited by35 opinions

  1. Shaffer v. HeitnerSupreme Court of the United States · 1977
  2. Minichiello v. RosenbergCourt of Appeals for the Second Circuit · 1968
  3. U. S. Industries, Inc. v. GreggDistrict Court, D. Delaware · 1972
  4. U. S. Industries, Inc., a Corporation, and Diversacon Industries, Inc., a Corporation v. F. Browne GreggCourt of Appeals for the Third Circuit · 1976
  5. United States v. Estate of Claude Beresford PearceCourt of Appeals for the Third Circuit · 1974

30 more not listed; retrieve them via the Exa API.

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