Document: B.F. Rich & Co., Inc. v. Gray, No. 617, 2006, Jacobs, J. (Del. Sept. 11, 2007)
The Delaware Supreme Court reversed the Court of Chancery’s decision, in the appeal of a judicial determination that corporate directors were validly elected, finding that the Court of Chancery committed a reversible error when it determined that, under Connecticut law, a parent who had voted minor children’s shares used children’s property such that the appointment of a guardian was required, where the parent was not the guardian of the children’s estate.