Aronson v. Lewis

How courts have described this case

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

• holding that plaintiff must demonstrate that directors were beholden to controlling person
• emphasizing that the mere fact that a director serves on the board of a controlled company does not make that director not independent
• Under the business judgment rule, ”[t]he burden is on the party challenging the decision to establish facts rebutting the presumption.”
• ‘‘[T]he demand requirement is a recognition of the fundamental precept that directors manage the business and affairs of the corporation.”
• independence means that director’s decision is based on merits of subject before the board rather than extraneous considerations or influences
• overruled on other grounds by Brehm v. Eisner , 746 A.2d 244 (Del. 2000)

Source: CourtListener parenthetical corpus (CC0).