[Download] "Robert H. Arnold v. Society for Savings" by Supreme Court of Delaware * Book PDF Kindle ePub Free
eBook details
- Title: Robert H. Arnold v. Society for Savings
- Author : Supreme Court of Delaware
- Release Date : January 28, 1994
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 88 KB
Description
VEASEY, Chief Justice: In this appeal from a judgment of the Court of Chancery in favor of defendants we consider the contention of plaintiff below-appellant
Robert H. Arnold ("plaintiff") that the trial court erred in granting defendants' summary judgment motion and denying his
own. This suit arose out of a merger (the "Merger") of BBC Connecticut Holding Corporation ("BBC"), a wholly-owned Connecticut
subsidiary of Bank of Boston Corporation ("BoB"), a Massachusetts corporation, into Society for Savings ("Society"), a wholly-owned
Connecticut subsidiary of Society for Savings Bancorp, Incorporated ("Bancorp"), a Delaware corporation. In accordance with
the Merger, Bancorp ultimately merged with BoB. Plaintiff was at all relevant times a Bancorp stockholder. Plaintiff named
as defendants Bancorp, BoB, BBC, and twelve of fourteen members of Bancorp's board of directors (collectively "defendants").
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