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Citations

  • 85 A.D.2d 3
  • 446 N.Y.S.2d 368
  • 1982 N.Y. App. Div. LEXIS 14949

How courts have described this case

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

  • explaining that voidable acts may be ratified, but void acts may not
  • explaining that voidable acts may be ratified, but void acts may not
  • \The objecting stockholder must demonstrate that no person of ordinary sound business judgment would say that the corporation received fair benefit.\
  • waste requires “that no person of ordinary sound business judgment would say that the corporation received fair benefit”
  • “If there is a great disparity in the values between the assets expended and the benefits received, the courts will infer that the directors are guilty of improper motives, or at least recklessly indifferent to stockholders’ interests.”

Source: CourtListener parenthetical corpus (CC0).

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Cited by

33 cases in this archive cite this case; the 20 most cited are listed.

Cites

9 cases in this archive are cited by this case.

Other cases named Aronoff v. Albanese

1 other CourtListener record shares this case name.

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.