Legal Opinion
Steinberg v. Shields
Court of Chancery of Delaware
Decided July 16, 1959PublishedCited by 9 opinions
1Opinion of the Court
Seitz, Chancellor:
The defendant, Shields & Co., a brokerage partnership, has moved to vacate this court’s sequestration order of June 1, 1959, which seized certain shares of stock of the defendants, Nafi Corporation and Nafco Inc., registered in the name of Shields & Co. The ground of the motion is that Shields & Co. has no interest in the seized shares or has no interest therein capable of sale under 10 Del.C. § 366; it being alleged that such shares are beneficially owned by its customers.
Plaintiff agrees that if in fact the seized shares registered in the name of Shields & Co. are not…
2Cases cited2 opinions
- Greene v. JohnstonSupreme Court of Delaware · 1953
- Hutchinson v. Fish Engineering Corp.Court of Chancery of Delaware · 1959
3Cited by9 opinions
- Jacobs v. TenneyDistrict Court, D. Delaware · 1970
- Life Assurance Co. of Pennsylvania v. Associated Investors International Corp.Court of Chancery of Delaware · 1973
- Steinberg v. ShieldsCourt of Chancery of Delaware · 1959
- Nickson v. Filtrol CorporationCourt of Chancery of Delaware · 1970
- Kolyba Corp. v. Banque Nationale De ParisCourt of Chancery of Delaware · 1973
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