[Download] "Trans World Airlines v. Howard R. Hughes" by New Castle Court of Chancery of Delaware " eBook PDF Kindle ePub Free
eBook details
- Title: Trans World Airlines v. Howard R. Hughes
- Author : New Castle Court of Chancery of Delaware
- Release Date : January 19, 1974
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 67 KB
Description
MARVEL, Vice Chancellor: On June 30, 1961, Trans World Airlines, Inc., the plaintiff in this later filed action, instituted an anti-trust suit for treble damages in the District Court of the United States for the Southern District of New York against Howard R. Hughes, Hughes Tool Company, and Raymond M. Holliday, an official of the corporate defendant and a director of plaintiff, which complained of injuries allegedly suffered by plaintiff as a result of the improperly administered control exercised over the affairs of such corporation by the defendants Howard R. Hughes and Hughes Tool Company, which latter corporation (all of the stock of which was owned by Mr. Hughes) had prior to the inception of such federal action held an unfettered controlling 78% interest in the voting shares of the plaintiff.
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