Legal Opinion
In Re North European Oil Corporation
Court of Chancery of Delaware
Decided February 15, 1957PublishedCited by 2 opinions
1Opinion of the Court
129 A.2d 259 (1957)
Matter of NORTH EUROPEAN OIL CORPORATION, Petitioner.
Court of Chancery of Delaware, New Castle.
February 15, 1957.
Alexander L. Nichols (of Morris, Steel, Nichols & Arsht), Wilmington, and Stanley Law Sabel, New York City, for petitioner.
Edmund N. Carpenter, II (of Richards, Layton & Finger), Wilmington, amicus curiae.
Aaron Kalb, Trenton, N. J., Stockholder, pro se.
SEITZ, Chancellor.
The petitioner, North European Oil Corporation ("corporation") has been unable to locate its majority stockholders and thus cannot take any action requiring the vote of a majority of its shares.…
2Cases cited3 opinions
- Drob v. National Memorial Park, Inc.Court of Chancery of Delaware · 1945
- Securities & Exchange Commission v. Fiscal Fund, Inc.District Court, D. Delaware · 1943
- Lichens Co. v. Standard Commercial Tobacco Co.Court of Chancery of Delaware · 1944
3Cited by2 opinions
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- Jonathan Govette v. Electronic Referral Manager, Inc.Court of Chancery of Delaware · 2021