Conservative Caucus v. Chevron Corp.

525 A.2d 569 (1987)

From our private database of 46,100+ case briefs, written and edited by humans—never with AI.

Conservative Caucus v. Chevron Corp.

Delaware Court of Chancery
525 A.2d 569 (1987)

  • Written by John Caddell, JD
Play video

Facts

The Conservative Caucus Research Analysts & Education Foundation (Conservative Caucus) (plaintiff), holder of 30 shares of stock in Chevron Corporation (defendant), made a demand for access to Chevron’s shareholder list pursuant to Delaware General Corporation Law (DGCL) § 220. Its stated purpose was to communicate to other shareholders that Chevron’s business activities in Angola posed serious risks to the company. Specifically, it was claimed, if Chevron continued operating in Angola, it would suffer losses due to property damage from the possible outbreak of war, sanctions imposed by the U.S. government, and other complications due to the unstable nature of the Angolan government. Conservative Caucus also wanted to voice its support for a resolution called the Danielson Resolution, which requests the board of directors to make certain demands of the Angolan government. When Chevron refused to turn over the shareholder list, Conservative Caucus brought this action to compel Chevron to do so. Chevron argued that it not required to turn over the list because Conservative Caucus has not stated a proper purpose, because its interests are solely political, because the Danielson Resolution is not a proper subject for shareholder action, and because Chevron shareholders should be free from harassment.

Rule of Law

Issue

Holding and Reasoning (Harnett, J.)

What to do next…

  1. Unlock this case brief with a free (no-commitment) trial membership of Quimbee.

    You’ll be in good company: Quimbee is one of the most widely used and trusted sites for law students, serving more than 745,000 law students since 2011. Some law schools—such as Yale, Berkeley, and Northwestern—even subscribe directly to Quimbee for all their law students.

    Unlock this case briefRead our student testimonials
  2. Learn more about Quimbee’s unique (and proven) approach to achieving great grades at law school.

    Quimbee is a company hell-bent on one thing: helping you get an “A” in every course you take in law school, so you can graduate at the top of your class and get a high-paying law job. We’re not just a study aid for law students; we’re the study aid for law students.

    Learn about our approachRead more about Quimbee

Here's why 745,000 law students have relied on our case briefs:

  • Written by law professors and practitioners, not other law students. 46,100 briefs, keyed to 987 casebooks. Top-notch customer support.
  • The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
  • Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
  • Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.

Access this case brief for FREE

With a 7-day free trial membership
Here's why 745,000 law students have relied on our case briefs:
  • Reliable - written by law professors and practitioners, not other law students
  • The right length and amount of information - includes the facts, issue, rule of law, holding and reasoning, and any concurrences and dissents
  • Access in your class - works on your mobile and tablet
  • 46,100 briefs - keyed to 987 casebooks
  • Uniform format for every case brief
  • Written in plain English - not in legalese and not just repeating the court's language
  • Massive library of related video lessons - and practice questions
  • Top-notch customer support

Access this case brief for FREE

With a 7-day free trial membership