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CHASHIN v. GLUCK

207 A.2d 30 (1964)

Rose B. CHASHIN and Sylvia Friedman, Plaintiffs, v. Maxwell H. GLUCK, Stanley Roth, Sr., Eugene F. Roth, C. Louis Wood, Stanley M. Dorman, John Grimm, James M. Johnston, Robert W. Schiff, Saul Schiff and A. S. Beck Shoe Corporation, Defendants.

Court of Chancery of Delaware, New Castle.

December 30, 1964.

Attorney(s) appearing for the Case

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

Bruce M. Stargatt, of Morford, Young & Conaway, Wilmington, appearing specially for the defendants Maxwell H. Gluck, Eugene F. Roth, James M. Johnston and Saul Schiff.

MARVEL, Vice Chancellor.

The complaint herein, which was filed derivatively by alleged stockholders of A. S. Beck Shoe Corporation on June 23, 1964, seeks an accounting from individual director defendants for injuries allegedly caused such Delaware corporation as a result of transactions entered into between it and a corporation known as Grayson-Robinson Stores, Inc. The complaint alleges that the individual defendants, who were simultaneously directors of the defendant...

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