Richard STERNBERG, Plaintiff Below, Appellant,
v.
Thomas F. O'NEIL, Michael G. O'Neil, John O'Neil, Shane O'Neil, William M. Regan, Frank Shakespeare, Hubert J. DeLynn, John B. Poor, Sr., John B. Fitzgerald, Kenneth R. Frankl, David S. Henkel, Richard W. Jencks, James J. Kerley, Alfred J. Moccia, James T. Morley, A. William Reynolds, William F. Spitznagel, Richard B. Tullis, William B. Walsh, Lester Garvin, Warren J. Hayford, D. Bruce Mansfield, T.E. Pittenger, John J. Dalton, Defendants Below, Appellees. and
Gencorp Inc. and RKO General, Inc., Nominal Defendants Below, Appellees.
Supreme Court of Delaware.https://leagle.com/images/logo.png
Submitted: July 25, 1988.
Decided: November 18, 1988.
Attorney(s) appearing for the Case
Joseph A. Rosenthal and Kevin Gross, of Morris, Rosenthal, Monhait & Gross, P.A., Wilmington, David H. Weinstein (argued), Harold E. Kohn, Stuart H. Savett and Stanley M. Shur, of Kohn, Savett, Klein & Graf, P.C., Philadelphia, Pa., Steven R. Rivkin, Washington, D.C., for appellant.
R. Franklin Balotti and C. Stephen Bigler, of Richards, Layton & Finger, Wilmington, Garrard R. Beeney (argued), Marvin Schwartz and Karen A. Popp, of Sullivan & Cromwell, New York City, on behalf of individual appellees.
Charles S. Crompton, Jr. (argued), Robert K. Payson, James F. Burnett, Peter M. Sieglaff and Arthur L. Dent, of Potter, Anderson & Corroon, Wilmington, on behalf of nominal appellees.
Before CHRISTIE, C.J., HORSEY, MOORE, HOLLAND, JJ., and BALICK, Judge (constituting the Court en banc).
Supreme Court of Delaware.
HOLLAND, Justice:
The appellant, Richard Sternberg ("Sternberg"), brought a double derivative suit1 against GenCorp Inc. ("GenCorp"), its wholly owned subsidiary, RKO General, Inc. ("RKO General"), and certain past and present officers and directors of both corporations. GenCorp is an Ohio corporation qualified to do business in Delaware under 8 Del.C. § 371. RKO General is a Delaware...
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