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CHEW v. INVERNESS MGT. CORPORATION

352 A.2d 426 (1976)

Beverly C. CHEW et al., Applicants, v. INVERNESS MANAGEMENT CORPORATION, a Delaware Corporation, et al., Respondents.

Court of Chancery of Delaware, New Castle.

Decided February 13, 1976.

Reargument Denied February 20, 1976.

Attorney(s) appearing for the Case

Hugh Corroon and Michael D. Goldman of Potter, Anderson & Corroon, Wilmington for applicants.

William Prickett and Richard I. G. Jones of Prickett, Ward, Burt & Sanders of Wilmington, and John P. Campbell of Curtis, Mallet-Prevost, Colt & Mosle of New York City, for respondents.

MARVEL, Vice Chancellor.

This litigation was commenced as an application under the review of corporate election provisions of 8 Del.C. § 225 for the setting of a hearing date followed by a determination by the Court of the validity of a purported election of a board of directors of the respondent Inverness Management Corporation, the applicants praying, inter alia, that they together with Walter L. Ross, II, John Campbell...

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