Elster v. American Airlines

How courts have described this case

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

• holding that a stockholder's dilution action to enjoin the issuance of stock options was derivative, not direct, because it was essentially a claim of mismanagement of corporate assets
• plaintiff did not contend his preemptive rights were violated under Delaware corporate law where stock was unissued and action was derivative
• claims challenging the grant of stock options are derivative
• “[I]t does not follow that [the REDUS Peninsula Millsboro, LLC v. Mayer C.A. No. 8835-VCN Williams v. REDUS Peninsula Millsboro, LLC C.A. No. 10228-VCN July 13, 2015 Page 20 Fargo, however, do not provide authority for specifically analyzing the Rule 12(b)(6
• all stockholders incidentally affected by alleged corporate injury

Source: CourtListener parenthetical corpus (CC0).

Cited by

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

• Bayberry Associates v. Jones
  Tennessee Supreme Court· 1990-01-22· cited 418×
• Brambles USA, Inc. v. Blocker
  D. Delaware· 1990-04-23· cited 202×
• Beard v. Elster
  Supreme Court of Delaware· 1960-02-11· cited 85×
• Lipton v. News International, Plc
  Supreme Court of Delaware· 1986-09-16· cited 79×
• Kalmanovitz v. G. Heileman Brewing Co., Inc.
  D. Delaware· 1984-09-28· cited 67×
• William Goldberg & Co., Inc. v. Cohen
  Court of Appeals of Georgia· 1995-11-28· cited 54×
• Werner v. Miller Technology Management, L.P.
  Court of Chancery of Delaware· 2003-02-13· cited 54×
• El Paso Natural Gas Co. v. TransAmerican Natural Gas Corp.
  Supreme Court of Delaware· 1995-10-06· cited 41×
• Beard v. Elster
  Court of Chancery of Delaware· 1960-05-13· cited 41×
• Hughes Tool Company v. Fawcett Publications, Inc.
  Supreme Court of Delaware· 1974-01-09· cited 35×
• Maclary v. Pleasant Hills, Inc.
  Court of Chancery of Delaware· 1954-12-06· cited 31×
• Bird v. Lida, Inc.
  Court of Chancery of Delaware· 1996-04-05· cited 27×
• In the Matter of Reading Company, Debtor. Appeal of Trailer Train Company
  Third Circuit· 1983-06-16· cited 25×
• Gottlieb v. McKee
  Court of Chancery of Delaware· 1954-07-07· cited 24×
• Frankel v. Donovan
  Court of Chancery of Delaware· 1956-02-10· cited 19×
• Family Court of the State of Delaware v. Department of Labor & Industrial Relations
  Court of Chancery of Delaware· 1974-05-02· cited 17×
• Lochhead v. Alacano
  D. Utah· 1988-10-07· cited 17×
• MacLary v. Pleasant Hills
  Court of Chancery of Delaware· 1954-12-06· cited 17×
• Tully v. Mirz
  New Jersey Superior Court App Division· 2018-11-29· cited 17×
• NAF Holdings, LLC v. Li & Fung (Trading) Ltd.
  Second Circuit· 2014-11-19· cited 16×

Cites

26 cases in this archive are cited by this case; the 20 most cited are listed.

• Walla Walla City v. Walla Walla Water Co.
  Supreme Court· 1898-11-14· cited 378×
• Rogers v. Guaranty Trust Co.
  Supreme Court· 1933-01-23· cited 205×
• Kerbs v. California Eastern Airways, Inc.
  Supreme Court of Delaware· 1952-07-17· cited 110×
• Rosenthal v. Burry Biscuit Corp.
  Court of Chancery of Delaware· 1948-06-16· cited 91×
• Gottlieb v. Heyden Chemical Corp.
  Supreme Court of Delaware· 1952-07-17· cited 87×
• Elster v. American Airlines, Inc.
  Court of Chancery of Delaware· 1953-10-14· cited 64×
• Finch v. Warrior Cement Corp.
  Court of Chancery of Delaware· 1928-02-08· cited 62×
• Stinnett v. Paramount-Famous Lasky Corp. of New York
  Texas Commission of Appeals· 1931-04-01· cited 61×
• Kaufman v. Shoenberg
  Court of Chancery of Delaware· 1952-10-21· cited 45×
• Hammer v. Werner
  Appellate Division of the Supreme Court of New York· 1933-06-16· cited 34×
• Bennett v. Breuil Petroleum Corp.
  Court of Chancery of Delaware· 1953-08-11· cited 32×
• Fleer v. Frank H. Fleer Corp.
  Court of Chancery of Delaware· 1924-06-30· cited 29×
• Wyles v. Campbell
  D. Delaware· 1948-03-31· cited 23×
• Pergament v. Frazer
  E.D. Michigan· 1949-10-12· cited 21×
• Horwitz v. Balaban
  S.D. New York· 1949-10-24· cited 19×
• Claim of Holst v. New York Stock Exchange
  Appellate Division of the Supreme Court of New York· 1937-09-29· cited 19×
• Norwegian Nitrogen Products Co. v. United States
  Supreme Court· 1932-10-17· cited 19×
• Levitan v. Stout
  W.D. Kentucky· 1951-04-14· cited 18×
• Ainscow v. Sanitary Co. of America
  Court of Chancery of Delaware· 1935-07-05· cited 18×
• Miller v. Loft, Inc.
  Court of Chancery of Delaware· 1931-03-06· cited 14×

Other cases named Elster v. American Airlines

3 other CourtListener records share this case name.

• Elster v. American Airlines
  Court of Chancery of Delaware· 1954-06-14· cited 13×
• Elster v. American Airlines
  Court of Chancery of Delaware· 1957-01-24· cited 5×
• Elster v. American Airlines
  Court of Chancery of Delaware· 1959-02-19· cited 2×