· 3/21/2005
Weinstein Enterprises, Inc. v. Orloff
Citations
- 870 A.2d 499
- 2005 Del. LEXIS 125
- 2005 WL 670738
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- explaining that a parent 22 corporation can exercise control over a wholly-owned subsidiary
- finding defacto control of J.W. Mays, Inc., by Weinstein, where Weinstein owned a 45% stake in Mays, and also controlled a Weinstein subsidiary that held an additional 6-7% stake in Mays
- \[T]he plaintiff must establish the actual exercise of control over the corporation's conduct by that otherwise minority stockholder.\
- “[T]he plaintiff must establish the actual exercise of control over the corporation’s conduct by that otherwise minority stockholder.”
- first citing Paramount Commc’ns, Inc. v. QVC Network, Inc., 637 A.2d 34 (Del. 1994); then citing Citron v. Fairchild Camera & Instrument Corp., 569 A.2d 53, 70 (Del. 1989); and then citing Gilbert v. El Paso Co., 490 A.2d 1050, 1055 (Del. Ch. 1984)
Source: CourtListener parenthetical corpus (CC0).
Judges: Steele, Holland, Jacobs
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
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