Court of Chancery of Delaware

In a suit brought to overturn the results of an uncontested corporate directors' election, summary judgment for defendants is granted, over a claim that the company's decision to place the announcement of the annual meeting in a press release devoted mainly to financial results constituted an inequitable manipulation of the corporation's election machinery, largely because the important annual meeting announcement was readily and easily available.

Appellate Information

• Decided 08/02/2006
• Published 08/14/2006

Judges

Court

• Court of Chancery of Delaware

Counsel

• For Appellant:
  
• Joel Friedlander, Esquire, John M. Seaman, Esquire, Bouchard Margules & Friedlander, P.A., Wilmington, Delaware;  Thomas J. Fleming, Esquire, Jeffrey A. Udell, Esquire, Olshan Grundman Frome Rosenzweig & Wolosky LLP, New York, New York, Attorneys for the Plaintiff.


• For Appellees:
  
• Donald J. Wolfe, Jr., Esquire, Kevin R. Shannon, Esquire, Brian C. Ralston, Esquire, Kirsten A. Lynch, Esquire, Potter Anderson & Corroon LLP, Wilmington, Delaware;  Robert C. Myers, Esquire, James P. Smith, III, Esquire, John E. Schreiber, Esquire, Dewey Ballantine LLP, New York, New York, Attorneys for the Defendants.