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ZIRN v. VLI CORP.

621 A.2d 773 (1993)

Marilyn ZIRN, Plaintiff Below, Appellant, v. VLI CORPORATION, a Delaware corporation, Robert A. Elliott, Charlotte O'Hara Vorhauer, Personal Representative of the Estate of Bruce Vorhauer, Lawrance A. Brown, Jr., Barbara Best North and American Home Products Corporation, a Delaware corporation, Defendants Below, Appellees.

Supreme Court of Delaware.

Decided: March 8, 1993.

Attorney(s) appearing for the Case

Michael Hanrahan, Chandlee Johnson Kuhn (argued), and April Caso Ishak, Prickett, Jones, Elliott, Kristol & Schnee, Wilmington; Of Counsel: Terry R. Saunders, and Georgia Vlahos, Susman, Saunders & Buehler, Chicago, IL, for appellant.

Martin P. Tully, Morris, Nichols, Arsht & Tunnell, Wilmington, for appellees; Of Counsel: David R. Jewell, (argued), Richard J. DeMarco, Jr., Alison S. Berger and Carolyn E. Bassani, Donovan, Leisure, Newton & Irvine, New York City, for appellees VLI Corp. and American Home Products Corp.

J. Michael Brennan (argued), Gibson, Dunn & Crutcher, Irvine, CA, for appellee Charlotte O'Hara Vorhauer, Personal Representative of Estate of Bruce Vorhauer.

Anthony M. Basich, Hill, Wynne, Troop & Meisinger, Los Angeles, CA, for appellees Robert A. Elliott, Lawrance A. Brown, Jr. and Barbara Best North.

Before HORSEY, MOORE and WALSH, JJ.

WALSH, Justice:

This is an appeal from a decision of the Court of Chancery in a class action initiated by Marilyn Zirn ("Zirn"), a shareholder of VLI Corporation ("VLI"). Zirn appeals from a post-trial determination that the defendants-appellees did not breach their duty of disclosure or commit equitable fraud in connection with the merger of VLI with American Hospital Corporation ("AHP").1 We...

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