Andrews Corporate Officers and Directors Liability Litigation Reporter
March 11, 2002
Copyright (c) 2002 Andrews Publications
COURT FINDS NO SUPPORT FOR CLAIM OF RIGHT TO ELECT DIRECTORS
McIlquham v. Feste
A Delaware state court judge said it became clear at a trial last month that a major shareholder of Malachi Mattress America was at best sincerely mistaken about his right to elect a majority of the unit's directors even after Sealy Corp. acquired a...