1. Home
  2. Browse Decisions
  3. A.2d
  4. 700 A.2d
  5. 700 A.2d 135 (1997)
 

LOUDON v. ARCHER-DANIELS-MIDLAND CO.

No. 88, 1996.

700 A.2d 135 (1997)

Donald H. LOUDON, Jr., Plaintiff Below, Appellant, v. ARCHER-DANIELS-MIDLAND COMPANY, Dwayne O. Andreas, Michael D. Andreas, Lowell W. Andreas, Martin L. Andreas, Ralph Bruce, John H. Daniels, H.D. Hale, John K. Vanier, M. Brian Mulroney, Marguaritta Rockefeller, James R. Randall, O. Glenn Webb, F. Ross Johnson, Shreve M. Archer, Jr., Ray A. Goldberg, Robert S. Strauss, and Gaylord O. Coan, Defendants Below, Appellees.

Supreme Court of Delaware.

Decided: September 17, 1997.

Revised: September 18, 1997.

Attorney(s) appearing for the Case

William Prickett (argued), Ronald A. Brown, Jr., of Prickett, Jones, Elliott, Kristol & Schnee, Wilmington; Arthur T. Susman, Terrence Buehler, Robert E. Williams, of Susman, Buehler & Watkins, of counsel, Chicago, IL, for Appellant.

R. Franklin Balotti, Todd C. Schiltz, Richards, Layton & Finger, Wilmington, for Appellee Archer Daniels Midland Company.

Lawrence C. Ashby, Amy A. Quinlan, of Ashby & Geddes, Wilmington; Aubrey M. Daniel, III, Nancy F. Lesser (argued), George A. Borden, of counsel, Williams & Connolly, Washington, DC, for Individual Defendants-Appellees.

Before VEASEY, C.J., WALSH, HOLLAND, HARTNETT and BERGER, JJ., constituting the Court en Banc.

VEASEY, Chief Justice:

In this appeal we affirm the judgment of the Court of Chancery dismissing a complaint in a stockholder suit challenging the disclosures in a proxy statement for the 1995 annual meeting to elect directors. The terms of the directors elected at that meeting have come and gone, but the issues we address now relate to the availability of a damages remedy arising out of the allegedly defective proxy statement...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases