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BARON v. PRESSED METALS OF AMERICA

117 A.2d 357 (1955)

Harold K. BARON, Plaintiff, v. PRESSED METALS OF AMERICA, Inc., a Delaware corporation, and Frederick W. Richmond, Defendants.

Court of Chancery of Delaware, New Castle.

Reargument Denied November 14, 1955.

Attorney(s) appearing for the Case

Robert C. Barab and Carl W. Mortenson, Wilmington, and Nathan B. Kogan, New York City, for plaintiff.

Berl, Potter & Anderson, Wilmington, Cleary, Gottlieb, Friendly & Hamilton, New York City, and Watson & Inman, Port Huron, Mich., for corporate defendant.

Reargument Denied November 14, 1955. See 118 A.2d 360.

MARVEL, Vice Chancellor.

Plaintiff, a minority stockholder, suing for himself and all other stockholders of Pressed Metals of America, Inc., seeks a permanent injunction against a proposed sale of assets of the corporate defendant to the defendant, Richmond. The complaint which asked for preliminary injunctive relief was filed on August 3, 1955, however, by stipulation...

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