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The Ravenswood Investment Company, L.P. v. Winmill, et al.
State: Delaware
Court: Delaware District Court
Docket No: CA #3730-VCN
Case Date: 05/31/2011
Plaintiff: The Ravenswood Investment Company, L.P.
Defendant: Winmill, et al.
Preview:IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE


THE RAVENSWOOD INVESTMENT :
COMPANY, L.P., individually, derivatively :
and on behalf of a class of similarly situated  :
persons, :
:
Plaintiff, :
:


   v. : C.A. No. 3730-VCN
: BASSETT N. WINMILL, THOMAS B. : WINMILL, and MARK C. WINMILL, :
:
Defendants. :
:
   and :
:
WINMILL & CO. INCORPORATED, :
:
    Nominal Defendant. :


MEMORANDUM OPINION AND ORDER
Date Submitted:  February 2, 2011
Date Decided: May 31, 2011

R. Bruce McNew, Esquire of Taylor & McNew LLP, Wilmington, Delaware, Attorney for Plaintiff.
David A. Jenkins, Esquire and Stephanie S. Habelow, Esquire of Smith, Katzenstein & Jenkins LLP, Wilmington, Delaware, Attorneys for Defendants.
NOBLE, Vice Chancellor

I. INTRODUCTION

The plaintiff in this case is a significant stockholder in a holding company managed by the individual defendants, a father and his two sons.  The plaintiff alleges, both on behalf of a class and derivatively, breaches of fiduciary duty regarding the defendants
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