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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).

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Cited by

57 cases in this archive cite this case; the 20 most cited are listed.

Cites

4 cases in this archive are cited by this case.

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