1. Home
  2. Browse Decisions
  3. A.2d
  4. 152 A.2d
  5. 152 A.2d 113 (1959)
 

STEINBERG v. SHIELDS

152 A.2d 113 (1959)

Louis H. STEINBERG, Plaintiff, v. Paul V. SHIELDS, Robert Ayers, John G. Banniser, Eugene H. Catron, George L. Coleman, Robert B. Hunter, Edward M. Powers, Hugh V. Sherrill, A. Knox Tyson, Nafi Corporation, Nafco, Inc. and Nafco Oil and Gas, Inc., and Paul V. Shields, Eugene H. Catron, Hugh V. Sherrill, Cornelius Shields, Macrae Sykes, Vladimir N. Bashkiroff, Robert L. Veit, Donald Arthur, Jr., Theodore L. Crockett, Thomas H. McGlade, Homer F. Locke, John J. Reilly, Douglas R. Hansel, Edward E. Green, Warner G. Cosgrove, Jr., Bernard F. Toole, and Herbert H. Childs, co-partners doing business under the firm name and style of Shields & Company, Defendants.

Court of Chancery of Delaware, New Castle.

May 28, 1959.

Attorney(s) appearing for the Case

William E. Taylor, Jr., Wilmington, and William E. Haudek (of Pomerantz, Levy & Haudek), New York City, for plaintiff.

William S. Potter, David F. Anderson, James L. Latchum (of Berl, Potter & Anderson), Wilmington, for appearing defendants.

SEITZ, Chancellor.

Certain individual defendants, Banniser, Coleman and Tyson have moved to vacate and quash an order of sequestration dated May 14, 1959.

This is a stockholder's derivative action brought on behalf of defendants, Nafi Corporation ("Nafi"), and its subsidiary, Nafco Oil and Gas Inc., ("Nafco Oil"), both Delaware corporations. The three moving defendants, along with others, are directors of Nafi and Nafco Oil. The non-directors are Shields ...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases