Wyndham, Inc. v. Wilmington Trust Co.
Superior Court of Delaware
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
- Upson v. OtisCourt of Appeals for the Second Circuit · 1946
- Cahall v. BurbageCourt of Chancery of Delaware · 1923
- Boulden v. GoughSuperior Court of Delaware · 1902
- Gam v. CordreySuperior Court of Delaware · 1902
3Cited by6 opinions
- Duncan v. Theratx, Inc.Supreme Court of Delaware · 2001
- Blake v. Town of Delaware CityDistrict Court, D. Delaware · 1977
- Haft v. Dart Group Corp.District Court, D. Delaware · 1995
- Weller v. American Telephone and Telegraph Co.Court of Chancery of Delaware · 1972
- Affordable Autos, Inc. v. Irvin A. DietertSuperior Court of Delaware · 2016
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