Unocal Corp. V. Mesa Petroleum Co.
| Use attributes for filter ! | |
| Ruling court | Delaware Supreme Court |
|---|---|
| Date decided | May 17, 1985 |
| Citation(s) | 493 A. 2d 946 (Del. 1985) |
| Decided | May 17, 1985 (oral decision); June 10, 1985 (written opinion) |
| Judge(s) sitting | Andrew G. T. Moore II |
| Date of Reg. | |
| Date of Upd. | |
| ID | 1136754 |
About Unocal Corp. V. Mesa Petroleum Co.
Unocal v. Mesa Petroleum Co. , 493 A. 2d 946 is a landmark decision of the Delaware Supreme Court on corporate defensive tactics against take-over bids. Until the Unocal decision in 1985, the Delaware courts had applied the business judgment rule, when appropriate, to takeover defenses, mergers, and sales.
