[Download] "Santa Fe Pacific Corporation Shareholder" by Supreme Court of Delaware " eBook PDF Kindle ePub Free

eBook details

Title: Santa Fe Pacific Corporation Shareholder
Author : Supreme Court of Delaware
Release Date : January 22, 1995
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 77 KB

Description

VEASEY, Chief Justice: In this appeal we decide when, in certain circumstances, a complaint in a corporate matter may properly be dismissed for failure to state a claim upon which relief can be granted. Plaintiffs, a class of stockholders of Santa Fe Pacific Corporation (""Santa Fe""), appeal the dismissal of their complaint for failure to state a claim under Rule 12(b)(6) of the Rules of the Court of Chancery (""Chancery Rule 12(b)(6)""). Plaintiffs filed suit against. Santa Fe, its directors and Burlington Northern, Inc. (""Burlington""), challenging a merger of Santa Fe and Burlington in the face of the efforts of Union Pacific Corporation (""Union Pacific"") to acquire or merge with Santa Fe through a hostile bid.