1. Home
  2. Browse Decisions
  3. A.2d
  4. 780 A.2d
  5. 780 A.2d 245 (2001)
 

ACCOUNT v. HILTON HOTELS CORP.

Nos. 584, 2000.

780 A.2d 245 (2001)

Leonard Loventhal ACCOUNT, Plaintiff Below, Appellant, v. HILTON HOTELS CORPORATION, a Delaware Corporation, Defendant Below, Appellee.

Supreme Court of Delaware.

Decided: September 6, 2001.

Attorney(s) appearing for the Case

Michael Hanrahan, (argued), Gary F. Traynor, Paul A. Fioravanti, Jr., Prickett, Jones & Elliott, Wilmington, Delaware, for appellant.

Jesse A. Finkelstein, (argued), J. Travis Laster, Richards, Layton & Finger, Wilmington, Delaware for appellee.

Before WALSH, HOLLAND, and BERGER, Justices.

WALSH, Justice.

In this appeal from the Court of Chancery, we revisit the question of whether the board of directors of a Delaware corporation may unilaterally adopt a poison pill rights plan. The appellant challenged the authority of the defendant, Hilton Hotels Corporation ("Hilton"), to adopt such a plan and require its common shareholders' adherence to its terms. The plaintiff shareholders rejected participation in the...

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