CASTRO v. ITT CORP.

Civ. A. No. 11531.

598 A.2d 674 (1991)

Victor Fernandez CASTRO, et al., Petitioners, v. ITT CORPORATION (a Delaware corporation), Respondent.

Court of Chancery of Delaware, New Castle County.

Decided: May 30, 1991.

Revised: May 31, 1991.


Attorney(s) appearing for the Case

Bertram S. Halberstadt, Wier & Halberstadt, Wilmington (Harry A. Ezratty, and Philip E. Roberts, San Juan, Puerto Rico, Ismael Marrero, Hato Rey, Puerto Rico, of counsel), for petitioners.

Allen M. Terrell, Jr., and David L. Finger, Richards, Layton & Finger, Wilmington, for respondent.


OPINION

ALLEN, Chancellor.

Cross motions for summary judgment have been presented in this action seeking to compel a Delaware corporation to issue stock certificates and to pay cash dividends that the issuer has accumulated and holds for the owner of the shares in question. The shares are registered in the name of a Cuban partnership, Fernandez Castro and Company, S en C. Petitioners assert in the affidavit of Victor Fernandez Castro that they constitute...

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