Legal Opinion

Wyndham, Inc. v. Wilmington Trust Co.

Superior Court of Delaware

Decided May 28, 1948No. 112PublishedCited by 6 opinions

1Opinion of the Court

Pearson, J.:

The plaintiff corporation was organized in 1924 by the decedent, Charles B. Holladay. It may be characterized as a personal holding company. Decedent was its president and a director from its beginning until his death in January 1946. The other officers and directors have consisted of members of his family. Plaintiff asserts that this is an *326action for restitution arising out of a transaction by which the decedent caused his own obligation for short sales of stock to be paid by plaintiff.

During December 1931, decedent sold short a total of 3900 shares of duPont stock (common stock…

2Cases cited4 opinions

  1. Upson v. OtisCourt of Appeals for the Second Circuit · 1946
  2. Cahall v. BurbageCourt of Chancery of Delaware · 1923
  3. Boulden v. GoughSuperior Court of Delaware · 1902
  4. Gam v. CordreySuperior Court of Delaware · 1902

3Cited by6 opinions

  1. Duncan v. Theratx, Inc.Supreme Court of Delaware · 2001
  2. Blake v. Town of Delaware CityDistrict Court, D. Delaware · 1977
  3. Haft v. Dart Group Corp.District Court, D. Delaware · 1995
  4. Weller v. American Telephone and Telegraph Co.Court of Chancery of Delaware · 1972
  5. Affordable Autos, Inc. v. Irvin A. DietertSuperior Court of Delaware · 2016

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