Arlington Trust Co. v. Estate of Wood

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• injury to shareholders in form of diminution in stock value is loss that is recoverable only by corporation in direct action or by shareholders in derivative action
• \The third- 3 party beneficiary doctrine is an exception to the general rule that a non-party to a contract has no remedy for breach of the contract.\

Source: CourtListener parenthetical corpus (CC0).