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STRIKER v. CHESLER

217 A.2d 31 (1966)

Lester K. STRIKER, Plaintiff, v. Louis CHESLER et al., Defendants.

Court of Chancery of Delaware, New Castle.

February 17, 1966.

Attorney(s) appearing for the Case

William E. Taylor, Jr., Wilmington, and Sidney L. Garwin, New York City, for plaintiff.

John P. Sinclair, of Berl, Potter & Anderson, Wilmington, and Milton Pollack, New York City, for defendant Donnell, & Mudge, Ltd.

Irving Morris of Cohen, Morris & Rosenthal, of Wilmington and Milton Paulsen, New York City, for defendants Louis Chesler, Lloyd Frank and Maxwell Goldhar.

John P. Sinclair, of Berl, Potter & Anderson, Wilmington, and Simon Rose, of Phillips, Nizer, Benjamin, Krim & Ballon, New York City, for defendant Associated Artists Production Corp.

Howard M. Handelman, of Bayard, Brill, Russell & Handelman, Wilmington, for appearing trustees of Ridgeway Corp.

MARVEL, Vice Chancellor:

The matter now before the Court for decision is a motion filed on behalf of former directors of a dissolved corporation known as Ridgeway Corporation. They make such motion in their capacity as statutory trustees under Michigan law. Such motion principally seeks to have the status of said trustees, who are J. Bradley Streit and R. C. Faber, changed from that of parties defendant to parties plaintiff in

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