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Business Associations Keyed to Bainbridge
Hilton Hotels Corp. v. ITT Corp.
Citation:978 F.Supp. 1342 (D.Nev.1997)
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- Topic: Identifies the topic of law and where this case fits within your course outline.
- Parties: Identifies the cast of characters involved in the case.
- Procedural Posture & History: Shares the case history with how lower courts have ruled on the matter.
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- Facts: What are the factual circumstances that gave rise to the civil or criminal case? What is the relationship of the Parties that are involved in the case. Review the Facts of this case here:
On January 27, 1997, Hilton announced a $55 per share tender offer for the stock of ITT, and announced plans for a proxy contest at ITT’s 1997 annual meeting. On February, 1997, ITT formally rejected Hilton’s tender offer. When it became apparent that ITT would not conduct its annual meeting in May 1997, Hilton filed a motion for a mandatory injunction to compel ITT to conduct the annual meeting in May. On July, 1997, ITT announced a comprehensive plan, which proposed to split ITT into three new entities, the largest of which would become ITT destinations. Under the comprehensive plan, the board of directors of the new ITT destinations would be comprised of the members of ITT’s current board.
- Issue(s): Lists the Questions of Law that are raised by the Facts of the case.
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