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GOTTLIEB v. McKEE

107 A.2d 240 (1954)

GOTTLIEB v. McKEE et al.

Court of Chancery of Delaware, New Castle.

July 7, 1954.

Attorney(s) appearing for the Case

Robert C. Barab, Wilmington, and Leonard I. Schreiber, New York City, for plaintiff.

Edwin D. Steel, Jr., of the firm of Morris, Steel, Nichols & Arsht, of Wilmington, for defendants Venezuela Syndicate, Inc., H. Harper McKee, Richard B. Hand, A. Faison Dixon, Albert D. Brokaw, Leonard G. Hunt, and Charles R. Leonard.

Arthur G. Logan, of the firm of Logan, Marvel & Boggs, of Wilmington, for Northwest Nat. Gas Co., and pro se.

BRAMHALL, Vice-Chancellor.

This is a stockholder's derivative action brought by plaintiff on behalf of Venezuela Syndicate, Inc., hereinafter called "Syndicate", against certain directors of Syndicate and others charging them with appropriating unto themselves a corporate opportunity of Syndicate in connection with an investment made by defendants in Northwest Natural Gas Company, hereinafter called "Northwest". Those defendants who are directors of Syndicate are...

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