Beals v. Washington International, Inc.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• explaining that the Court of Chancery lacks jurisdiction to impose punitive damages
• quashing service of process on nonsurviving corporate defendant because it had ceased to exist on merger “for all purposes, including service of process, unless the legislature provides otherwise”
• since penalties were not within historic jurisdiction of courts of equity, Court of Chancery lacked jurisdiction to award them unless General Assembly so provided
• “Since Formac is the corporation into which MLZ was merged, it is liable for all the debts, liabilities and duties of MLZ. 8 Del.C. § 259.”
• “a Court of Chancery has never had jurisdiction to impose punitive or exemplary damages in the absence of specific statutory authority”
• “In resolving questions centering on corporate existence . . . , it should be kept in mind that corporations exist only by legislative act.”

Source: CourtListener parenthetical corpus (CC0).