Court of Chancery of Delaware April 13, 1987, Civ.A. 8759, 8760 and 8765 (Grobow v. Perot)

OPINION

JACOBS, Vice Chancellor.

Presently pending are motions to dismiss in three

1

consolidated shareholder derivative actions on behalf of General Motors Corporation (“GM”), challenging a repurchase by GM of certain securities and notes issued to defendant H. Ross Perot (“Perot”), a member of GM’s Board of Directors, and to other persons.