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Gantler v. Stephens; misrepresentation content if substantial likelihood disclosure of omitted actuality would've been seen by acceptable investor as owning drastically altered complete mix of knowledge produced offered; proxy.
Directors owe a duty of loyalty and good religion disclosures knowingly disseminate Wrong information and facts fiduciary derivative motion.
Bulk shareholders transfer control of a corporation quality fiduciary duty appraisal dividend.
Broz v. Mobile Facts Techniques, Inc.; corporate fiduciary generally ought to spot the Company's passions just before his personal, but here no legitimate expectancy fascination and did not usurp any company option.
Summers v. Earth Island Institute; doctrine of standing needs federal courts to satisfy plaintiff alleged this kind of personal stake in final result of controversy to warrant plaintiff's invocation of federal court jurisdiction; case or controversy necessity.
Jordan v. Duff & Phelps, Inc.; If a closely held corporation withholds from an staff-stockholder product details about doable boosts in inventory price in breach of its fiduciary obligation, the worker-stockholder can be entitled to damages.
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Baron v. Allied Artists Photo Corporation; When and in what amounts dividends will probably be declared rests from the straightforward discretion of the directors, assuming the absence of fraud or perhaps a gross abuse of discretion.
Meyer v. Oklahoma Alcoholic Beverage Laws Enforcement Commission; the type of business enterprise entity chosen could influence the kinds of business enterprise that can be executed via the entity if it affect the licenses the entity may perhaps obtain.
Soon after conversations with our choose and opposing counsel, Mr. Futeral negotiated favorable conditions. I'd personally use his services yet right here again, and possess endorse his services to friends and family.
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Under eight Delaware Code a hundred and sixty, a corporation is statutorily granted the power to get and market shares of its personal inventory, so greenmail inside of a merger might be allowed.