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WADMAN v. McBIRNEY

No. 978, September Term, 1981.

51 Md. App. 385 (1982)

443 A.2d 978

ROSE MARY WADMAN, TRUSTEE UNDER THE WILL OF ALTON J. WADMAN ET AL. v. THOMAS R. McBIRNEY ET AL.

Court of Special Appeals of Maryland.

Decided April 8, 1982.

Attorney(s) appearing for the Case

John M. Bray, with whom were Laura A. Kumin and Schwalb, Donnenfeld, Bray & Silbert, David A. Sacks and Sacks & Kohn on the brief, for appellants.

James J. Cromwell, with whom were David L. Terzian and Spriggs, Cromwell, Myers, Nicholson & Spire, P.A. on the brief, for appellees.

The cause was argued before GILBERT, C.J., and MORTON and BISHOP, JJ.

GILBERT, C.J., delivered the opinion of the Court.

THE ISSUE

Ordinarily "proxy fights" are thought of as occurring in large corporations when one individual or group endeavors to oust incumbent management and, thus, to take over and control the corporate direction. The instant appeal is a battle over the validity of a proxy and is illustrative of the fact that such corporate combat is not limited to conglomerates but also occurs in small corporations.

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