Bolt v. Merrimack Pharmaceuticals, Inc.

How courts have described this case

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

• “the common and well-established meaning of the term 4 “net worth” [is] the difference between total assets and total liabilities”
• “equity by definition equals the residual interest in the assets after subtracting liabilities”
• describing FASB standards as the “highest level” of GAAP authority

Source: CourtListener parenthetical corpus (CC0).