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Corporations Keyed to Hazen
Campbell v. Loew’s Inc.
Citation:
134 A.2d 852 (Del. Ch. 1957)Facts
Plaintiff seeks a preliminary injunction restraining the defendant from using the corporate funds, employees and facilities for the solicitation of proxies for the Vogel group and from voting proxies so solicited. Plaintiff bases this request upon the contention that Vogel and his group, by calling the meeting and by using corporate funds and facilities, are usurping the authority of the board of directors. Plaintiff says that the president is using his corporate authority and the corporate resources to deny the will of the board of directors and to maintain himself in office.
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2m 27sTopic Outline 