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HIBBERT v. HOLLYWOOD PARK, INC.

457 A.2d 339 (1983)

Robert E. HIBBERT, et al., Plaintiffs Below, Appellants/Cross-Appellees, v. HOLLYWOOD PARK, INC., Defendant Below, Appellee/Cross-Appellant.

Supreme Court of Delaware.

Decided: February 15, 1983.

Attorney(s) appearing for the Case

Stephen E. Herrmann (argued) and Thomas A. Beck, Richards, Layton & Finger, Wilmington, for appellants/cross-appellees.

Richard L. Sutton (argued) and Thomas J. Allingham, II, Morris, Nichols, Arsht & Tunnell, Wilmington, for appellee/cross-appellant.

Before McNEILLY, QUILLEN and MOORE, JJ.

MOORE, Justice:

This action was filed in the Superior Court by certain former directors of the defendant corporation, Hollywood Park, Inc., (Hollywood), seeking reimbursement of their proxy contest expenses and indemnification for legal fees and related costs incurred with respect to suits filed by them in their unsuccessful bid for re-election to the Hollywood board. The trial judge ruled that the plaintiffs, as the management...

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