Continuing Creditors' Committee of Star Telecommunications Inc. v. Edgecomb

How courts have described this case

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

• holding exculpatory clause applied to prevent creditors as well as shareholders from bringing duty of care claims
• applying Production Resources to bar claims in bankruptcy premised on breach of the duty of due care
• applying Production Resources to bar claims in bankruptcy premised on breach of the duty of due care
• barring continuing creditors’ committee from recovery for breach of duty of care under Production Resources Group
• “a director is considered interested where he or she will receive a personal financial benefit from a transaction that is not equally shared by the shareholders”
• an exculpatory clause that applied to directors also applied to claims asserted against an officer who was also a director

Source: CourtListener parenthetical corpus (CC0).