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Cheff v. Mathes

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Cheff v. Mathes, Del. Supr., 199 A.2d 548 (Del. 1964) was a case in which the Delaware Supreme Court first addressed the issue of director conflict of interest in a corporate change of control setting. This case is the predecessor to future seminal corporate law cases including Unocal Corp. v. Mesa Petroleum Co. and Revlon v. MacAndrews.

783589Cheff v. Mathes — Syllabusthe Government of Delaware

P. T. CHEFF, KATHARINE N. CHEFF, EDGAR P. LANDWEHR, Defendants Below, Appellants,

v.

ANNE J. MATHES and HARRY LEWIS, Plaintiffs Below, Appellees, v. ROBERT H. TRENKAMP, GEORGE SPATTA, RALPH C. BOALT, JOHN D. AMES, MOTOR PRODUCTS CORPORATION and HOLLAND FURNACE COMPANY, Defendants Below.

ROBERT H. TRENKAMP, Defendant Below, Appellant,

v.

ANNE J. MATHES and HARRY LEWIS, Plaintiffs Below, Appellees, and HOLLAND FURNACE COMPANY, Defendant Below, Appellee

[NO NUMBER IN ORIGINAL]

Supreme Court of Delaware

199 A.2d 548; 41 Del. Ch. 494

March 17, 1964, Decided

James M. Tunnell, Jr., and David A. Drexler, of Morris, Nichols, Arsht & Tunnell, Wilmington (Hathaway, Latimer, Clink & Robb, Muskegon, Mich., of counsel), for P. T. Cheff, Katharine N. Cheff and Edgar P. Landwehr.

David F. Anderson and Richard L. McMahon, of Berl, Potter & Anderson, Wilmington (Robert H. Trenkamp and Malcolm C. Douglas, Trenkamp & Bovington, Cleveland, Ohio, of counsel), for Robert H. Trenkamp.

Irving Morris, of Cohen & Morris, Wilmington (Charles Trynin, New York City, of counsel), for Holland Furnace Co.

William E. Taylor, Jr., Wilmington, Sidney L. Garwin, New York City (Samuel M. Koenigsberg, Newark, N.J., of counsel), for Anne J. Mathes and Harry Lewis.

TERRY, C. J., and WOLCOTT and CAREY, JJ., sitting.

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