1. Home
  2. Browse Decisions
  3. A.2d
  4. 447 A.2d
  5. 447 A.2d 17 (1982)
 

SCHREIBER v. CARNEY

447 A.2d 17 (1982)

Leonard I. SCHREIBER, Plaintiff, v. Robert J. CARNEY, Robert Garrett, I. H. Handmaker, A. Thomas Hickey, Francisco A. Lorenzo, Carl R. Pohlad, Howard P. Swanson, James W. Wilson, Jet Capital Corporation, and Texas International Airlines, Inc., Defendants.

Court of Chancery of Delaware, New Castle County.

Decided May 11, 1982.

Attorney(s) appearing for the Case

Victor F. Battaglia, Biggs & Battaglia, Wilmington, and Pincus, Ohrenstein, Bizar, D'Alessandro & Solomon, New York City, for plaintiff.

Rodman Ward, Jr., Skadden, Arps, Slate, Meagher & Flom, Wilmington, and Brian Sullivan, Dykema, Gossett, Spencer, Goednow & Trigg, Detroit, Mich., for defendants-Garrett, Hickey, Pohlad and Swanson.

A. Gilchrist Sparks, III, Morris, Nichols, Arsht & Tunnell, Wilmington, and George A. Davidson, and David W. Wiltenburg, Hughes, Hubbard & Reed, New York City, for defendants-Carney, Lorenzo, Wilson and Jet Capital Corp.

Jack B. Jacobs, Young, Conaway, Stargatt & Taylor, Wilmington, for defendant-Texas Intern. Airlines, Inc.

HARTNETT, Vice Chancellor.

In this stockholder's derivative action, Leonard I. Schreiber, the plaintiff, brought suit on behalf of defendant — Texas International Airlines, Inc. ("Texas International"), a Delaware corporation, challenging the propriety of a loan from Texas International to defendant — Jet Capital Corporation ("Jet Capital"), the holder of 35% of the shares of stock of Texas International. Also joined as individual defendants were Texas...

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