In re General Motors Class H Shareholders Litigation

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Legal and Court Case Update
March 22, 1999

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3711 Motor Vehicles and Passenger Car Bodies
336111 Automobile Manufacturing
shareholder dissent/oppression
In re General Motors class H shareholders litigation
734 A.2d 611,1999 Del. Ch. LEXIS 59
US
State Court
Delaware
Court of Chancery
Strine

Summary

Delaware Court of Chancery dismissed claims of the GM class H shareholders challenging the fairness of transactions that split up GM's wholly owned Hughes Electronic Corp., which were approved by stockholder vote.

See Also

In re General Motors class H shareholders litigation

Full Text of Court Cases
March 22, 1999

At issue is breach of fiduciary duties.