In re Cheyenne Software Shareholders Litigation

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November 7, 1996

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7372 Prepackaged Software
511210 Software Publishers
breach of fiduciary duty
shareholder dispute, tender offer
In re Cheyenne Software Shareholders Litigation
1996 Del. Ch. LEXIS 142
US
State Court
Delaware
Court of Chancery
Chandler

Summary

At issue is breach of fiduciary duties and the value of Cheyenne stock at the time of a merger with Computer Associates, Inc.

See Also

More Court Cases... Shareholder Dispute: Cheyenne Software

Legal and Court Case Update
December 1996

Claiming a breach of fiduciary duties by the Cheyenne Software Board of Directors, the shareholders sought to have a preliminary injunction issued to delay an all-cash offer for the company.