Supreme Court of Delaware

Summary judgment for either party is improper, in a complaint by a successor corporate entity against former directors, where factual disputes exist on issues of misappropriation, corporate opportunity, director independence, and director compensation.

Appellate Information

• Decided 06/07/2002
• Published 06/10/2002

Judges

• WALSH, Justice:, BEFORE:  WALSH, HOLLAND, and BERGER, Justices.

Court

• Supreme Court of Delaware

Counsel

• For Appellant:
  
• Joseph A. Rosenthal,Carmella P. Keener, Rosenthal, Monhait, Gross & Goddess, P.A., Wilmington, Delaware, Sidney B. Silverman, (argued), New York City, for appellant.


• For Appellees:
  
• Steven J. Rothschild, (argued), Paul J. Lockwood, Sean K. Hornbeck, Skadden, Arps, Slate, Meagher & Flom, Wilmington, Delaware, for appellees Robert F. Meyerson, Dan R. Wipff, Dr. Raj Reddy and Norton W. Rose., Henry E. Gallagher, Jr., (argued), Connolly Bove Lodge & Hutz, LLP, Wilmington, Delaware, Steven J. Miller, Drew A. Carson, Goodman Weiss Miller, LLP, Cleveland, Ohio, for appellee Robert A. Goodman.