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CARVEL v. ANDREAS HOLDINGS CORP.

Civil Action No. 14520.

698 A.2d 375 (1995)

Agnes CARVEL and Pamela Carvel, Plaintiffs, v. ANDREAS HOLDINGS CORP., a Delaware corporation and Betty Godley, Defendants.

Court of Chancery of Delaware, New Castle County.

Decided: October 24, 1995.

Attorney(s) appearing for the Case

Thomas P. Preston, and Robert J. Valihura, Jr., Duane, Morris & Heckscher, Wilmington, for Plaintiffs.

Kenneth J. Nachbar, and William M. Lafferty, Morris, Nichols, Arsht & Tunnell, Wilmington, and Warren Whitfield Wells, P.C., White Plains, New York, for Defendants.

OPINION

JACOBS, Vice Chancellor

Pending is a motion by the defendants, Andreas Holdings Corp. ("Andreas") and Betty Godley ("Godley"), to stay this action.

In this proceeding, brought pursuant to 8 Del. C. § 225, the plaintiffs, Agnes and Pamela Carvel, ask this Court to declare that: (i) Agnes Carvel ("Agnes") is the sole stockholder of Andreas and entitled to vote all of its shares, (ii) Agnes remains the President of Andreas...

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