Legal Opinion
Gibbons v. Schenley Industries, Inc.
Court of Chancery of Delaware
Decided May 16, 1975PublishedCited by 20 opinions
1Opinion of the Court
MARVEL, Vice Chancellor:
Approximately two hundred and fifty former minority stockholders of Schenley Industries, Inc., whose rights as stockholders have been abolished (except for their right to have their shares of stock appraised) as a result of the June 17, 1971 merger here complained of, now seek a review of an appraisal of their shares made by a Court-appointed appraiser. Such stockholders having made timely and otherwise adequate objection to such merger as well as a correct demand for payment for their shares, thus qualified for such appraisal. They have now filed exceptions to the…
2Cases cited23 opinions
- Sterling v. Mayflower Hotel Corp.Supreme Court of Delaware · 1952
- Tri-Continental Corporation v. BattyeSupreme Court of Delaware · 1950
- Chicago Corp. v. MundsCourt of Chancery of Delaware · 1934
- Application of Delaware Racing AssociationSupreme Court of Delaware · 1965
- Universal City Studios, Inc. v. Francis I. duPont & Co.Supreme Court of Delaware · 1975
18 more not listed; retrieve them via the Exa API.
3Cited by20 opinions
- Armstrong v. Marathon Oil Co.Ohio Supreme Court · 1987
- Lynch v. Vickers Energy Corp.Supreme Court of Delaware · 1981
- Bell v. Kirby Lumber Corp.Supreme Court of Delaware · 1980
- Piemonte v. New Boston Garden Corp.Massachusetts Supreme Judicial Court · 1979
- In Re Radiology Associates, Inc. LitigationCourt of Chancery of Delaware · 1991
15 more not listed; retrieve them via the Exa API.