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Corporations Keyed to Rhee
In re Fuqua Industries, Inc. Shareholder Litigation
Citation:
752 A.2d 126 (Del. Ch. 1999)Facts
During the long pendency of this litigation Mrs. Abrams fell ill. As she concedes, her memory and faculties have suffered as a result. In a 1998 deposition, it was evident that Mrs. Abrams lacked a meaningful grasp of the facts and allegations of the case prosecuted in her name. She was unable to articulate the understanding with any particularity and she was obviously confused about basic facts regarding her lawsuit. Freberg’s deposition testimony evidences that his knowledge of the case is at best elliptical. The subtext of defendants’ motion is that Freberg has no knowledge of this case because he has no real economic interest at stake. In defendants’ view, Freberg is a puppet for his fee-hungry lawyers.
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Topic Resources
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