Baron v. Allied Artists Pictures Corporation

How courts have described this case

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

• “[Preferences attaching to stock are the exception and are to be strictly construed.”
• “The determination as to when and in what amounts a corporation may prudently distribute its assets by way of dividends rests in the honest discretion of the directors in the performance of this fiduciary duty.”

Source: CourtListener parenthetical corpus (CC0).