1. Home
  2. Browse Decisions
  3. A.2d
  4. 396 A.2d
  5. 396 A.2d 512 (1978)
 

SCHREIBER v. BRYAN

396 A.2d 512 (1978)

Leonard I. SCHREIBER, Plaintiff, v. R. G. BRYAN, W. E. Gipson, W. A. Hover, John D. Kirkland, William L. Liedtke, N. J. Luke, R. D. Rogers, Jr., Pennzoil Company and Pennzoil Offshore Gas Operators, Inc., Defendants.

Court of Chancery of Delaware, New Castle.

Decided September 6, 1978.

Attorney(s) appearing for the Case

Joseph A. Rosenthal, of Morris & Rosenthal, P.A., Wilmington, and Bennett Frankel, New York City, for plaintiff.

James M. Tunnell, Jr., and Andrew B. Kirkpatrick, Jr., of Morris, Nichols, Arsht & Tunnell, Wilmington, and William C. Harvin, Hugh Rice Kelly, and C. Michael Watson, of Baker & Botts, Houston, Tex., for defendant, Pennzoil Co.

Richard J. Abrams, of Richards, Layton & Finger, Wilmington, for defendant, Pennzoil Offshore Gas Operators, Inc.

HARTNETT, Vice Chancellor.

In this stockholders' derivative action involving allegations of waste of corporate assets and diversion of corporate opportunity, defendants Pennzoil Company (Pennzoil) and Pennzoil Offshore Gas Operators, Inc. (POGO)1 have moved for summary judgment. Defendants' motion is premised on their contention that plaintiff (Schreiber) lacks standing to assert such claims because...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases