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JONES v. TAYLOR

348 A.2d 188 (1975)

Dorothy Taylor JONES, Plaintiff, v. J. Baker TAYLOR, Jr., et al., Defendants.

Court of Chancery of Delaware, New Castle.

Decided October 30, 1975.

Attorney(s) appearing for the Case

John A. Parkins, Jr., of Murdoch & Walsh, Wilmington, for plaintiff.

Samuel R. Russell, of Wilson & Russell, Wilmington, for defendants.

BROWN, Vice Chancellor.

Defendants have moved for summary judgment in this action brought derivatively by the plaintiff, Dorothy Taylor Jones, for the benefit of Taylor Auto Supply, Inc. ("Taylor Auto"). In essence, the complaint alleges that in 1972 the individual defendants, J. Baker Taylor, Jr. and F. Martin Taylor, the brother and cousin of the plaintiff, caused Taylor Auto to convey certain of its assets to the defendant Marbak, Inc. for a grossly inadequate...

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