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RICHMAN v. DeVAL AERODYNAMICS, INC.

185 A.2d 884 (1962)

Jacob S. RICHMAN, Plaintiff v. DeVAL AERODYNAMICS, INC., a Delaware corporation, John A. Baldinger, Joseph F. Carrasco, Edward Sawyer, George R. Eulo and John Bello, Defendants.

Court of Chancery of Delaware, New Castle.

November 23, 1962.

Attorney(s) appearing for the Case

Irving Morris and Joseph Rosenthal of Cohen & Morris, Wilmington, for plaintiff.

Samuel Handloff, Wilmington, and Jacob S. Richman, Philadelphia, Pa., for DeVal Aerodynamics.

SEITZ, Chancellor.

Cohen and Morris, counsel for Jacob S. Richman, plaintiff in the above-named action, now petition this court for an award of reasonable compensation from the funds of DeVal Aerodynamics, Inc. ("DeVal") for their services in this litigation in behalf of Richman and all other stockholders similarly situated. DeVal resists the petition and urges (1) that this court is without jurisdiction to make such an award and (2) that plaintiff has acted solely...

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