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· 12/7/1993

Commonwealth Associates v. Providence Health Care, Inc.

Citations

  • 641 A.2d 155
  • 1993 Del. Ch. LEXIS 261
  • 1993 WL 661694

How courts have described this case

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

  • noting law’s historic concern about “the sale of votes unconnected to the sale of stock” in part because “such sales misalign the interests of voters and the interests of the residual corporate risk bearers”
  • law will assume contract to give proxy where after record date sale of stock occurs
  • “The law has long discouraged the sale of votes unconnected to the sale of stock.”

Source: CourtListener parenthetical corpus (CC0).

Judges: Allen

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.