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RAYNOR v. LTV AEROSPACE CORPORATION

331 A.2d 393 (1975)

Herbert D. RAYNOR et al., Plaintiffs, v. LTV AEROSPACE CORPORATION, Defendant.

Court of Chancery of Delaware, New Castle County.

Decided January 14, 1975.

Attorney(s) appearing for the Case

Steven D. Goldberg, Theisen, Lank & Mulford, Wilmington, for plaintiffs.

Andrew G. T. Moore, II, Killoran & Van Brunt, Wilmington, for defendant.

OPINION AND ORDER ON MOTION FOR REARGUMENT, MOTION DENIED

QUILLEN, Chancellor.

By letter opinion dated December 31, 1974, the Court regretfully concluded that Abraham Torgow did not perfect his right to a statutory appraisal proceeding because the registered holder of the 1400 shares did not object in writing before the stockholder vote on the merger. This is a requirement under our law. 8 Del.C. § 262(a) and (b); Carl M. Loeb, Rhoades & Co. v....

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