· 10/28/2015
Ernesto Espinoza v. Mark Zuckerberg
Citations
- 124 A.3d 47
- 2015 WL 6501521
- 2015 Del. Ch. LEXIS 273
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 duplicative unjust enrichment claim logically survived summary judgment when its underlying claim for breach of fiduciary duty survived
- holding that a ratification by written consent is not “effective unless it complies with the technical requirements of Section 228”
- noting that a “rare” set of facts will create a reasonable inference of waste
- explaining that purported ratification of corporate acts taken by written consent under 8 Del. C. § 228 are not effective unless it complies with the technical requirements of 8 Del. C. § 228
- referring to the form of “ratification” explained in Frank, 32 A.2d 277
- “Although minority stockholders have no power to alter a controlling stockholder’s binding decisions absent a fiduciary breach, they are entitled to the benefits of the formalities imposed by the DGCL[.]”
Source: CourtListener parenthetical corpus (CC0).
Judges: Bouchard C.
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
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