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CONDEC CORPORATION v. LUNKENHEIMER COMPANY

230 A.2d 769 (1967)

CONDEC CORPORATION, a New York corporation, Plaintiff, v. The LUNKENHEIMER COMPANY, U. S. Industries, Inc. and U. S. Industrial Corporation, Delaware corporations, Defendants.

Court of Chancery of Delaware, New Castle.

June 2, 1967.

Attorney(s) appearing for the Case

Richard F. Corroon and Hugh L. Corroon, of Berl, Potter & Anderson, Wilmington, and Hays, Algase, Feuer, Porter & Spanier, New York City, for plaintiff.

William E. Wiggin, of Richards, Layton & Finger, Wilmington, for defendant The Lunkenheimer Co.

George Tyler Coulson, of Morris, Nichols, Arsht & Tunnell, Wilmington, and Patterson, Belknap & Webb, New York City, for defendants U. S. Industries, Inc. and U. S. Industrial Corporation.

MARVEL, Vice Chancellor:

Plaintiff was organized during the early part of World War II under the name Consolidated Diesel Electric Corporation and has grown in the past ten years from a one plant operation employing six hundred fifty people to an enterprise operating ten plants and employing over two thousand persons. It manufactures, among other things, diesel operated generators, valves, and special-purpose military vehicles...

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