From our private database of 13,300+ case briefs...
Merritt-Chapman & Scott Corp. v. Wolfson
Superior Court of Delaware
321 A.2d 138 (1974)
Wolfson, Gerbert, Kosow, and Staub (plaintiffs) were charged with five counts of violating federal securities laws, in connection with a plan to cause Merritt-Chapman & Scott Corporation (MCS) (defendant) to secretly purchase shares of its own common stock. After a trial and retrials, the charges against Kosow and Staub were dropped. Gerbert was found guilty on count three, and Wolfson entered a no contest plea to count five, and the remaining charges against them were dropped. Wolfson, Gerbert, Kosow, and Staub then sought indemnification from MCS for expenses incurred in the criminal action. All parties now move for summary judgment.
Rule of Law
Holding and Reasoning (Balick, J.)
What to do next…
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 97,000 law students since 2011. Some law schools—such as Yale, Vanderbilt, Berkeley, and the University of Illinois—even subscribe directly to Quimbee for all their law students. Read our student testimonials.
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. Read more about Quimbee.
Here's why 136,000 law students have relied on our case briefs:
- Written by law professors and practitioners, not other law students. 13,300 briefs, keyed to 182 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.