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LEWIS v. ANDERSON

477 A.2d 1040 (1984)

Harry LEWIS, Plaintiff-Appellant, v. Charles A. ANDERSON, Ralph E. Bailey, Howard W. Blauvelt, Theodore F. Brophy, Charles W. Buek, William H. Donaldson, Nancy Hanks, W.A. Hewitt, Robert P. Jensen, J.E. Kircher, Dean Robert McKay, M.B. Morris, Frank Pace, Jr., W. Dewey Presley, James E. Robison, R.L. Adams, R.W. Gerwig, A.K. McColpin, J.D. Morrow, C.S. Nicandros, R.E. Samples, S. Schwartz and Conoco Inc., Defendants-Appellees.

Supreme Court of Delaware.

Resubmitted: November 21, 1983.

Decided: April 18, 1984.

Attorney(s) appearing for the Case

Irving Bizar (argued) of Bizar & D'Alessandro, New York City, of Counsel; Thomas D. Whittington, Jr. and Judith N. Renzulli of Wilson, Whittington & Aulger, Wilmington, for plaintiff-appellant.

Jack B. Jacobs (argued) and Bruce M. Stargatt of Young, Conaway, Stargatt & Taylor, Wilmington; Robert C. Myers and Martha E. Solinger of Dewey, Ballantine, Bushby, Palmer & Wood, New York City, of counsel, for individual defendants-appellees.

A. Gilchrist Sparks, III (argued) and Andrew B. Kirkpatrick, Jr. of Morris, Nichols, Arsht & Tunnell, Wilmington, for defendant-appellee Conoco, Inc.

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

HORSEY, Justice.

Plaintiff appeals from an Order of the Court of Chancery dismissing his derivative action asserted on behalf of Conoco, Inc. ("Old Conoco"), a Delaware corporation, against Old Conoco's former management. Dismissal followed Old Conoco's merger with a wholly-owned subsidiary of E.I. Du Pont de Nemours and Company ("Du Pont"), Du Pont Holdings, Inc., renamed Conoco...

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