Legal Opinion
Gilbert v. El Paso Co.
Court of Chancery of Delaware
Decided November 27, 1984PublishedCited by 126 opinions
1Opinion of the Court
WALSH, Vice Chancellor.
This is a class action arising out of Burlington Northern Inc.’s (“Burlington”) takeover of the El Paso Company (“El Paso”) in early 1983. The plaintiffs are those shareholders who tendered into Burlington’s December 21, 1982, tender offer, which Burlington later terminated, and subsequently were subject to proration in the second tender offer made in January, 1983. Plaintiffs’ complaint contains a number of allegations against El Paso and Burlington 1 concerning the termination of the first tender offer and the terms of the second tender offer. It is alleged that both…
2Cases cited15 opinions
- Weinberger v. UOP, Inc.Supreme Court of Delaware · 1983
- Jackson v. SmithSupreme Court of the United States · 1919
- Peter L. Battista, Jr. v. Lebanon Trotting Association, and John J. Carlo, Peter L. Battista, Jr. v. Lebanon Trotting Association, and John J. CarloCourt of Appeals for the Sixth Circuit · 1976
- Onderdonk v. Presbyterian Homes of NJSupreme Court of New Jersey · 1981
- Judah v. Delaware Trust Co.Supreme Court of Delaware · 1977
10 more not listed; retrieve them via the Exa API.
3Cited by126 opinions
- Malpiede v. TownsonSupreme Court of Delaware · 2001
- Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc.Supreme Court of Delaware · 1986
- Dunlap v. State Farm Fire & Casualty Co.Supreme Court of Delaware · 2005
- Allied Capital Corp. v. GC-Sun Holdings, L.P.Court of Chancery of Delaware · 2006
- Beard Research, Inc. v. KatesCourt of Chancery of Delaware · 2010
121 more not listed; retrieve them via the Exa API.