Court of Chancery of Delaware

Motion for summary judgment in favor of defendants on stockholder-plaintiff's claim, involving a merger and application of a liquidation preference in a certificate of incorporation, is granted where the certificate should be read to provide preferred stockholders with the benefits of the liquidation preference in the event of a merger.

Appellate Information

• Decided 12/08/2005
• Published 12/22/2005

Judges

Court

• Court of Chancery of Delaware

Counsel