Case Title: Apex, Inc. v. Nationwide Television and Appliance Associates, Inc.

Citation: 

Docket Number: 336, 2002

State: delaware

Court: Delaware Supreme Court

Date: 2002-11-13T00:00:00Z

Document:
IN THE SUPREME COURT OF THE STATE OF DELAWARE
APEX, INC.,
§
§
Plaintiff Below,
§
Appellant,
§ No. 336, 2002
§
v.
§
§ Court Below: Court of Chancery
NATIONWIDE TELEVISION
§ of the State of Delaware in and 
AND APPLIANCE ASSOCIATES,
§ for New Castle County
INC.,
§ C.A. No. 19330
§
Defendant Below,
§
Appellee.
§
Submitted: November 6, 2002
Decided:
November 13, 2002
Before WALSH, HOLLAND, and STEELE, Justices.
O R D E R
This 13th day of November 2002, upon consideration of the briefs of the parties
and oral argument, the Court concludes that the Court of Chancery properly applied
the standards underlying a proceeding under 8 Del. C. § 211.  We agree with the Court
of Chancery that the narrow focus of a section 211 proceeding does not permit the
assertion of the breach of fiduciary duty claims asserted by the appellant.  Nothing in
the ruling of the Court of Chancery, or our affirmance of that ruling, precludes the
assertion of such claims in an appropriate forum and in a different proceeding.
NOW, THEREFORE, IT IS ORDERED that the judgment of the Court of
2
Chancery be, and the same hereby is,
AFFIRMED.
BY THE COURT:
   s/Joseph T. Walsh
        Justice