Court of Chancery of Delaware
Newcastle Partners, L.P. v. Vesta Ins. Group, Inc., 1485-N
Defendant's motion for relief from an order compelling it to hold an annual meeting for the election of directors is denied where stockholder plaintiff's right to convene an annual meeting is not diminished by defendant's potential liability under securities laws for failure to complete its financial statements.
Appellate Information
- Decided 11/15/2005
- Published 11/30/2005
Judges
Court
- Court of Chancery of Delaware
Counsel
- For Appellant:
- Bruce L. Silverstein, Melanie K. Sharp, Martin S. Lessner, Christian Douglas Wright, Young Conaway Stargatt & Taylor, L.L.P., Wilmington, DE; Steven Wolosky, Olshan Grundman Frome Rosenzweig & Wolosky, L.L.P., New York City, for the Plaintiff.
- For Appellees:
- J. Travis Laster, Abrams & Laster, L.L.P., Wilmington, DE; James F. Hughey, Jr., Balch & Bingham, L.L.P., Birmingham, AL, for the Defendant.