Citron v. E.I. Du Pont De Nemours & Co.

How courts have described this case

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

• upholding board’s decision approving a merger under business judgment rule where board relied on advice of legal counsel and its financial advisors
• finding parent negotiated fair exchange ratio for shares of minority shareholders in subsidiary
• further explaining that “[e]ven where no coercion is intended,” the presence of the controller on both sides may unduly influence the progression of the transaction in a manner that differs from what would result from arms-length bargaining
• examples and analysis of claims of unfair dealing

Source: CourtListener parenthetical corpus (CC0).