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Schnell v. Chris-Craft Industries, Inc.
Citation:285 A.2d 437 (Del. 1971)
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The case involves a dispute between dissident shareholders and management over the timing of the annual meeting and over the future direction of the company. When management changed the date of the annual stockholders’ meeting, allegedly to make it more difficult for dissident shareholders to wage a proxy battle, the dissident shareholders sued for injunctive relief.
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