Supreme Court of Delaware· 2/24/1994
Cede & Co. v. Technicolor, Inc.
Citations
- 636 A.2d 956
- 1994 Del. LEXIS 414
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- “we must defer to the factfinder on a mixed question of fact and law, as to which reasonable minds may differ on the question of materiality”
- “We must defer to the factfinder on a mixed question of fact and law, as to which reasonable minds may differ on the question of materiality.”
- “[A] plaintiff’s burden of proof of a director’s self-interest in an arms-length third party transaction should be greater than in a classic self-dealing transaction where a director or directors stand on both sides of a transaction.”
- “Essentially, the duty of loyalty mandates that the best interest of the corporation and its shareholders takes precedence over any interest possessed by a director, officer or controlling shareholder and not shared by the stockholders generally.”
- “Enacted in 1967, section 144(a) codified judicially acknowledged principles of corporate governance to provide a limited safe harbor for corporate boards to prevent director conflicts of interest from voiding corporate action.” (citing 56 Del.Laws, ch. 50 (1967)
Source: CourtListener parenthetical corpus (CC0).
Cited by
57 cases in this archive cite this case; the 20 most cited are listed.
- In Re Caremark International Inc. Derivative LitigationCourt of Chancery of Delaware· 1996-09-25· cited 387×
- Orman v. CullmanCourt of Chancery of Delaware· 2002-03-01· cited 318×
- Cinerama, Inc. v. Technicolor, Inc.Supreme Court of Delaware· 1995-07-17· cited 242×
- Cinerama, Inc. v. Technicolor, Inc.Court of Chancery of Delaware· 1994-10-12· cited 93×
- Cede & Co. v. Technicolor, Inc.Supreme Court of Delaware· 2005-06-28· cited 83×
- Rodriguez v. Loudeye Corp.Court of Appeals of Washington· 2008-04-07· cited 83×
- VFB LLC v. Campbell Soup Co.Third Circuit· 2007-03-30· cited 80×
- Cede & Co. v. Technicolor, Inc.Supreme Court of Delaware· 1996-10-21· cited 63×
- Rodriguez v. Loudeye Corp.Court of Appeals of Washington· 2008-06-03· cited 61×
- Kahn v. Lynch Communication Systems, Inc.Supreme Court of Delaware· 1995-11-22· cited 35×
- Deutscher Tennis Bund v. Atp Tour, Inc.Third Circuit· 2010-06-25· cited 34×
- Behradrezaee v. DashtaraDistrict of Columbia Court of Appeals· 2006-11-09· cited 26×
- Potter v. PohladCourt of Appeals of Minnesota· 1997-03-04· cited 21×
- Starr International Co., Inc. v. Federal Reserve Bank of New YorkSecond Circuit· 2014-01-29· cited 21×
- King v. DouglassS.D. Texas· 1996-12-23· cited 14×
- Reed v. Linehan (In Re Soporex, Inc.)N.D. Texas· 2011-11-28· cited 14×
- Elloway v. PateTex. App. Ct., 14th Dist. (Houston)· 2007-11-01· cited 14×
- Giuliano v. Schnabel (In re DSI Renal Holdings, LLC)D. Delaware· 2017-07-20· cited 14×
- Buechner v. AveryAppellate Division of the Supreme Court of New York· 2007-03-27· cited 10×
- In re Capital One Derivative Shareholder LitigationE.D. Virginia· 2013-06-21· cited 8×
Cites
4 cases in this archive are cited by this case.
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.