Chrysler Corporation v. Dann

How courts have described this case

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

• holding that lack of causal connection between alleged corporate benefit and the derivative suit justified denial of fee award
• holding that a meritorious claim requires “some reasonable hope” of ultimate success
• observing that in a derivative action the benefited class is the corporation
• court rejected argument that modification of corporate incentive compensation plan agreed to in stipulation of settlement of litigation conferred no benefit on corporation
• “A claim is meritorious ... if it can withstand a motion to dismiss.... ”
• action challenged wasteful compensation plan which was overhauled by corporation pursuant to settlement

Source: CourtListener parenthetical corpus (CC0).