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CAVALIER OIL CORP. v. HARNETT

564 A.2d 1137 (1989)

CAVALIER OIL CORPORATION, a corporation of the State of Delaware, Plaintiff Below, Appellant, Cross-Appellee, v. William J. HARNETT, an individual, Defendant Below, Appellee, Cross-Appellant.

Supreme Court of Delaware.

Decided September 5, 1989.

Attorney(s) appearing for the Case

James F. Harker, Herlihy & Wier, Wilmington, John R. Fornaciari, P.C. (argued) and Robert M. Disch, Eckert, Seamans, Cherin and Mellott, Washington, D.C., for appellant, cross-appellee.

James M. Mulligan, Jr. and Collins J. Seitz, Jr., Connolly, Bove, Lodge & Hutz, Wilmington, Thomas Earl Patton (argued), Brett L. Antonides, and Mitchell R. Kreindler, Schnader, Harrison, Segal & Lewis, Washington, D.C., for appellee, cross-appellant.

Before HORSEY, WALSH and HOLLAND, JJ.

WALSH, Justice:

This is an appeal by Cavalier Oil Corporation ("Cavalier") and a cross-appeal by William J. Harnett ("Harnett") from a final judgment of the Court of Chancery determining the fair value of 1,250 shares of stock owned by Harnett in EPIC Mortgage Servicing, Inc. ("EMSI"), a closely-held Delaware corporation. The appraisal action followed a short form merger, pursuant...

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