SCHNELL v. CHRIS-CRAFT INDUSTRIES, INC.


285 A.2d 437 (1971)

Andrew H. SCHNELL, Jr. and Jack Safer, Plaintiffs Below, Appellants, v. CHRIS-CRAFT INDUSTRIES, INC., a Delaware corporation, Defendant Below, Appellee.

Supreme Court of Delaware.

November 29, 1971.


Attorney(s) appearing for the Case

H. Albert Young and Edward B. Maxwell, 2nd, of Young, Conaway, Stargatt & Taylor, Wilmington, and Carl F. Goodman, New York City, and Jay L. Westbrook, of Surrey, Karasik & Greene, Washington, D. C., for plaintiffs below, appellants.

David F. Anderson and Charles S. Crompton, Jr., of Potter, Anderson & Corroon, Wilmington, and Arthur L. Liman and Daniel P. Levitt, of Paul, Weiss, Rifkind, Wharton & Garrison, New York City, and Washington, D. C., for defendant below, appellee.

Before WOLCOTT, Chief Justice, and CAREY and HERRMANN, Associate Justices:


HERRMANN, Justice (for the majority of the Court):

This is an appeal from the denial by the Court of Chancery of the petition of dissident stockholders for injunctive relief to prevent management* from advancing the date of the annual stockholders' meeting from January 11, 1972, as previously set by the by-laws, to December 8, 1971.

The opinion below is reported at 285...

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