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BANCROFT v HOLLYWOOD THEATER HOLDINGS Click to find out why . . .



Keywords & Phrases
CaseNo: C.A. No. 17,121, CourtCode: CC, CourtName: IN THE COURT OF CHANCERY OF THE STATE OF DE LAWARE, Plaintiff: BANCROFT, State: DE Delaware, UniqueCaseRef: DE>CC>00017121, Holdings, Hollywood, Demand, Theater, Dgcl, Transactions, Permitting, Request, Inspection, Books, Wallace, Bgfvf, Christopher Bancroft, Llp, Relief, Agent, Delaware, Participation, Agreement, Beacon Group, Fund, Bank, America, Purposes, Merger, Failing, Approve , ContentID: 120240855

Case Documents
1 1999-04-21 COMPLAINT
[ see first page and extracted highlights below  ] ItemID: 101969
5 pages
PDF
Total Documents: 1 document , 5 pages
Price: $ 19.95


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1 . COMPLAINT

EXTRACTED KEY WORDS
PLAINTIFF
HOLLYWOOD
DEMAND
DEFENDANT
THEATER
DGCL
TRANSACTIONS
PERMITTING
REQUEST
INSPECTION
BOOKS
WALLACE
BGFVF
CHRISTOPHER BANCROFT
ATTORNEYS
LLP
RELIEF
AGENT
DELAWARE
PARTICIPATION
AGREEMENT
BEACON GROUP
FUND
BANK
AMERICA
PURPOSES
MERGER
FAILING
APPROVE
                                                                             (y y+ ; 7 : r, r r,, r
                                                                             (1 ; I j _, .' 1 ,, ,'
            IN THE COURT OF CHANCERY OF THE STATE OF DE:LAWARE                                   T

                                 IN AND FOR NEW CASTLE COUNTY                                      
CHRISTOPHER  BANCROFT

                          Plaintiff,

                   V.
                                                         1
HOLLYWOOD THEATER                                        >
HOLDINGS, INC.                                           >

                   Defendant.                            1

                                 COMPLAINT UNDER 8 DEL. C. 6 220

                   Plaintiff Christopher Bancroft, by and through his attorneys, Potter Anderson &

Corroon LLP, for his complaint against defendant, alleges upon knowledge as to himself and

otherwise upon information and belief as follows:

                                        NATURE OF THE ACTION

             1.           This action, brought under Section  220(c) of the Delaware General

Corporation Law  ("DGCL"),  seeks relief in the form of an order compelling defendant,

Hollywood Theater Holdings, Inc. ("Holdings"), summarily to make available to the Plaintiff

for inspection and copying certain books and records of Holdings and its wholly-owned

subsidiary, Hollywood Theater, Inc. ("Hollywood"), as demanded by the Plaintiff in a letter

dated April 13, 1999.

                                            THE PARTIES

             2.           Plaintiff Bancroft is, and was at all times relevant. hereto, a record

of common stock of Holdings.



             3.        Holdings is a Delaware corporation with its principal place of business

located at 2911 Turtle Creek Boulevard, Dallas, Texas 75219. Holdings' registered agent for
SNIPPETS:
  • Plaintiff Christopher Bancroft, by and through his attorneys, Potter Anderson &
  • Corporation Law, seeks relief in the form of an order compelling defendant,
  • Hollywood Theater Holdings, Inc., summarily to make available to the Plaintiff
  • Holdings' registered agent for
  • Street, Wilmington, Delaware.
  • Holdings under Section 220 of the DGCL to inspect and copy certain of the books and records
  • The proposed "Recapitalization Transactions" involving Wallace
  • The "Participation Agreement" between Beacon Group III Focus Value Fund, L.P. and Bank of
  • The $12.5 million letter of credit executed by BGFVF for the
  • A true and correct copy of the Demand is attached hereto as Exhibit A.
  • As set forth in the Demand, Plaintiff seeks inspection of the books and records
  • described in the Demand for the following purposes: to ascertain the value of his shares in
  • Failing to approve an IPO proposal by Gold:man Sachs in the
  • Permitting Beacon Group III - Focus Value Fund,
  • Negotiating a merger agreement with Wallace Theater
  • and defendant has not responded to the request for inspection.
  • VINSON & ELKINS LLP
  •    |