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KANG v WORLDWIDE MEDICAL Click to find out why . . .



Keywords & Phrases
CaseNo: C.A. No. 17,794, CourtCode: CC, CourtName: IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE, Plaintiff: KANG, State: DE Delaware, UniqueCaseRef: DE>CC>00017794, Worldwide, Stockholders, Annual Meeting, Directors, Delaware, Jemo Kang, Lvi, Pursuant, Election, Shares, Determination, Conducting, Proper, Moreover, Wherefore, Prays, Summarily Order Worldwide, Purpose, Requests, Vote, Prescribe, Grant Plaintiff, Relief, Fees, Costs , ContentID: 120240494

Case Documents
1 2000-02-16 COMPLAINT
[ see first page and extracted highlights below  ] ItemID: 101375
3 pages
PDF
Total Documents: 1 document , 3 pages
Price: $ 19.95


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1 . COMPLAINT

EXTRACTED KEY WORDS
PLAINTIFF
STOCKHOLDERS
MEETING
ANNUAL MEETING
DIRECTORS
COURT
DELAWARE
JEMO KANG
LVI
DEFENDANT
PURSUANT
ELECTION
SHARES
BUSINESS
DETERMINATION
CONDUCTING
PROPER
MOREOVER
WHEREFORE
PRAYS
SUMMARILY ORDER WORLDWIDE
PURPOSE
REQUESTS
VOTE
PRESCRIBE
GRANT PLAINTIFF
RELIEF
FEES
COSTS
                IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE

                               IN AND FOR NEW CASTLE COUNTY


JEMO KANG,

                 Plaintiff,

        V.

WORLDWIDE MEDICAL
CORPORATION, a Delaware
corporation,

                 Defendant.

                                            COMPLAINT


        Plaintiff Jemo Kang, by and through his undersigned attorneys, alleges for his complaint

as follows:

                                         Nature of the Action

         1.      This is an action brought pursuant to Section 211 of the Delaware General

Corporation Law, 8 Del. C. 3 211 ("Section 21 l"), to compel defendant Worldwide Medical

Corporation, a Delaware corporation ("Worldwide" or the "Company"), to conduct an annual

meeting of stockholders at which directors are elected and other action taken.

                                              The Parties

        2.       Plaintiff is and was at all times relevant to this action one of the two directors

Worldwide. In addition, plaintiff is a stockholder of the Company. Plaintiff was initially elected

to the Board of Directors of Worldwide on or around November l,, 1994, and at all times since

such election has continuously served as a director of Worldwide. Plaintiff and his family



LVI  23628v102/15/00


SNIPPETS:
  • IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE
  • Plaintiff Jemo Kang, by and through his undersigned attorneys, alleges for his complaint
  • This is an action brought pursuant to Section 211 of the Delaware General
  • 3 211, to compel defendant Worldwide Medical
  • meeting of stockholders at which directors are elected and other action taken.
  • such election has continuously served as a director of Worldwide.
  • LVI 23628v102/15/00
  • members acquired the majority of their shares of stock on or around November 1,
  • business in Irvine, California.
  • Moreover, to the knowledge of
  • plaintiff, a 2000 annual meeting of stockholders has not been scheduled by the Company,.
  • WHEREFORE, plaintiff, Jemo Kang, prays that the Court, pursuant to Section 2 11,
  • summarily order Worldwide to conduct an annual meeting of stockholders for the purpose of
  • electing directors and conducting such other business as may properly be conducted at said
  • meeting and further requests the Court to designate the time and place of the meeting;
  • the record date for determination of stockholders entitled to vote; prescribe the form of
  • and grant plaintiff such other relief,
  • fees and costs, as the Court may deem just and proper.
  •    |