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WARREN v. WARREN

460 A.2d 526 (1983)

William J. WARREN and Warren & Warren, Inc., Plaintiffs Below, Appellants, v. Edward J. WARREN and Evelyn M. Warren, Defendants Below, Appellees.

Supreme Court of Delaware.

Decided: May 2, 1983.

Attorney(s) appearing for the Case

Arthur J. Sullivan (argued), Wilmington, for appellants.

A. Gary Wilson (argued), Wilmington, for appellees.

Before HERRMANN, C.J., McNEILLY and CHRISTIE, JJ.

CHRISTIE, Justice:

In 1966 Edward Warren and his stepbrother, William Warren, formed a Delaware corporation known as Warren & Warren, Inc. The apparent purpose of the corporation was to hold and develop real estate investments. Ever since the corporation was formed, William has served as president, Edward as vice president and Edward's wife, Evelyn, as treasurer. However, corporate formalities were largely ignored. For...

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