1. Home
  2. Browse Decisions
  3. A.2d
  4. 519 A.2d
  5. 519 A.2d 694 (1986)
 

IN RE ANDERSON, CLAYTON SHAREHOLDERS LIT.

C.A. 8387 Consolidated.

519 A.2d 694 (1986)

In re ANDERSON, CLAYTON SHAREHOLDERS LITIGATION.

Court of Chancery of Delaware, New Castle County.

Decided: June 2, 1986.

Attorney(s) appearing for the Case

A. Gilchrist Sparks, III, Lawrence A. Hamermesh, and Edmond D. Johnson, of Morris, Nichols, Arsht & Tunnell, Wilmington, and Dennis J. Block, and Joseph S. Allerhand, of Weil, Gotshal & Manges, New York, Joseph A. Rosenthal, and Kevin Gross, of Morris & Rosenthal, Wilmington, and Stuart D. Wechsler, Robert I. Harwood, and Zachary A. Starr, of Goodkind, Wechsler, Labaton & Rudoff, New York, for plaintiffs.

Charles F. Richards, Jr., Samuel A. Nolen, Thomas A. Beck, Gregory P. Williams, and Nathan B. Ploener, of Richards, Layton & Finger, Wilmington, and Stephen G. Tipps, and Paula M. Desel of Baker & Botts, Houston, Tex., for defendant.

ALLEN, Chancellor.

Plaintiffs in these consolidated cases have moved on an emergency basis for an order enjoining a special meeting of shareholders of Anderson, Clayton & Co. scheduled to be held tomorrow. At that meeting the Company's shareholders are scheduled to vote upon a complex recapitalization plan that would, if approved and implemented,1 (1) cancel all existing common stock, (2) distribute to each current shareholder, $37...

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