1. Home
  2. Browse Decisions
  3. A.2d
  4. 765 A.2d
  5. 765 A.2d 1274 (2000)
 

KOHLS v. DUTHIE

Civil Action No. 17762-NC.

765 A.2d 1274 (2000)

Robert L. KOHLS and Louise A. Kohls, Plaintiffs, v. Angus M. DUTHIE, Mark D. Lerdal, Gerald R. Alderson, Charles Christenson, Gerald R. Morgan, Jr., Michael D. Winn, and Kenetech Corporation, Defendants.

Court of Chancery of Delaware.

Decided: December 11, 2000.

Attorney(s) appearing for the Case

Edward M. McNally, Esquire (argued), James W. Semple, Esquire, and Stephanie M. Tarabicos, Esquire, Morris, James, Hitchens & Williams LLP, Wilmington, Delaware, Attorneys for Plaintiffs.

Charles F. Richards, Jr., Esquire (argued), Raymond J. DiCamillo, Esquire and J. Travis Laster, Esquire, Richards, Layton & Finger, Wilmington, Delaware, Attorneys for Defendants.

Todd C. Schiltz, Esquire, Wolf, Block, Schorr & Solis-Cohen, LLP, Wilmington, Delaware, Attorneys for Nominal Defendant.

MEMORANDUM OPINION

LAMB, Vice Chancellor.

I. INTRODUCTION

This is an application for a preliminary injunction against a management buy-out transaction being sponsored by a third-party venture capital fund. The corporation's CEO, who owns 35 percent of the common stock, has agreed to participate in the buyout by contributing his shares to the purchaser in exchange for a portion of its equity. The transaction was negotiated by a Special Committee...

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