[DOWNLOAD] "F. Warren Hurst and Carmand Normand v." by New Castle Court of Chancery of Delaware # Book PDF Kindle ePub Free
eBook details
- Title: F. Warren Hurst and Carmand Normand v.
- Author : New Castle Court of Chancery of Delaware
- Release Date : January 11, 1990
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 71 KB
Description
The plaintiffs, who hold common shares of Asbestos Corporation Limited, a Canadian corporation, ("ACL"), bring this action
individually and on behalf of a class of ACL shareholders allegedly injured by certain transactions that occurred between
1982 and 1986, and were related to the acquisition of ACL's corporate parent by the Province of Quebec. The plaintiffs need
as defendants General Dynamics Corporation, a Delaware corporation ("General Dynamics"), and three of its directors. The parties
later stipulated to the dismissal, without prejudice, of the individual defendants. On May 10, 1988, General Dynamics moved
to dismiss or stay this Delaware action, on forum non conveniens grounds, in favor of certain proceedings pending in Canada.
On July 12, 1988, General Dynamics moved to impose Rule 11 sanctions upon the plaintiffs, based upon certain inaccurate statements
made in the plaintiffs' answering brief on the motion to dismiss or stay. There were two oral arguments on these motions, the first on March 7, 1989, and the second, after the filing of supplemental
briefs, on March 6, 1990. This is the decision on those motions.