Bender v. Schwartz

How courts have described this case

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

• commenting on “the presumption that [a board of directors’] investigation [of a demand] was reasonable and its conclusion within the realm of sound business judgment”
• reviewing the adequacy of the plaintiffs demand after the court received the board’s response
• requiring a board to investigate charges of wrongdoing contained in a derivative action
• reviewing de novo the circuit court’s decision where, by agreement of the parties, the circuit court decided all the issues before this Court, not on a motion to dismiss, but under Maryland Rule 2-502, and dismissed the underlying complaint
• \ 'The burden is on the party challenging the decision to establish facts rebutting the presumption that the directors acted reasonably and in the best interests of the corporation.\ (citation omitted)
• “By making a demand, the shareholder^

Source: CourtListener parenthetical corpus (CC0).