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Page 371
633 A.2d 371
In re SEA-LAND CORPORATION
SHAREHOLDER LITIGATION, George
Grover, Arthur W. Austin, Bernard and
Rosalyn Lowe, Trustees
U/D/T dated June 21 for the benefit of
Rosalyn Lowe, Hecco
Ventures and James J. Cotter, Plaintiffs
Below, Appellants,
v.
Joseph F. ABELY, Jr., Dwight L. Allison,
Jr., Robert W.
Dixon, Allan R. Dragone, John H. Muller,
Jr.,
Chester W. Nimitz, Jr., CSX Corporation
and Sea-Land Corporation,
Defendants Below, Appellees.
No. 147,1993.
Supreme Court of Delaware.
Submitted: Sept. 21, 1993.
Decided Sept. 21, 1993.
Court Below--Court of Chancery of
the State of Delaware, in and for New Castle
County, C.A. No. 8453.
Chancery Court, New Castle
County, 1993 WL 93436.
AFFIRMED.
Before HORSEY, MOORE and HOLLAND,
Justices.
ORDER
HOLLAND, Justice.
This 21st day of September, 1993,
the Court having considered this matter
after oral argument and on the briefs filed
by the parties, and having concluded that
the same should be affirmed on the basis of
and for the reasons assigned by the Court of
Chancery in its well-reasoned memorandum
opinion and order dated March 19, 1993.
NOW, THEREFORE, IT IS HEREBY
ORDERED that the judgment of the Court of
Chancery be, and the same hereby is,
AFFIRMED.
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