(DOWNLOAD) "Don D. Box and Box Control v. Gary D. Box" by Supreme Court of Delaware # eBook PDF Kindle ePub Free
eBook details
- Title: Don D. Box and Box Control v. Gary D. Box
- Author : Supreme Court of Delaware
- Release Date : January 29, 1997
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 65 KB
Description
PER CURIAM: In this case we decide that a first-filed statutory summary proceeding in the Delaware Court of Chancery to determine the validity of the election of directors should proceed expeditiously. We reach this determination notwithstanding the pendency of a second-filed suit in a Texas state court where the Texas action encompasses the same subject matter as the Delaware action, but is broader in scope, and the Texas action is actively proceeding toward an early trial. Under the circumstances of this case, we affirm the exercise of the Court of Chancery's discretion in refusing to enjoin the parties from proceeding in Texas. But we reach that determination on different grounds, and we expect that the Court of Chancery will proceed as expeditiously as feasible to schedule, hear and decide the Delaware proceeding.