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HURST v. GENERAL DYNAMICS CORP.

Civ. A. No. 9735.

583 A.2d 1334 (1990)

F. Warren HURST and Carmand Normand, Individually and on Behalf of all Other Similarly Situated, Plaintiffs, v. GENERAL DYNAMICS CORPORATION, Defendant.

Court of Chancery of Delaware, New Castle County.

Decided: May 11, 1990.

Attorney(s) appearing for the Case

R. Bruce McNew and Pamela S. Tikellis, of Greenfield and Chimicles, Wilmington, for plaintiffs.

Edward B. Maxwell, 2nd, and Bruce L. Silverstein, of Young, Conaway, Stargatt & Taylor, Wilmington, Donald R. Harris and Richard Franch, of Jenner & Block, Chicago, Ill., of counsel, for defendant.

OPINION

JACOBS, Vice Chancellor.

The plaintiffs, who hold common shares of Asbestos Corporation Limited, a Canadian corporation, ("ACL"), bring this action individually and on behalf of a class of ACL shareholders allegedly injured by certain transactions that occurred between 1982 and 1986, and were related to the acquisition of ACL's corporate parent by the Province of Quebec. The plaintiffs named as defendants General Dynamics Corporation, a Delaware...

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