Galef v. Alexander

How courts have described this case

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

• intimating that a director is “interested” for purposes of overriding directors’ refusal of plaintiffs’ Rule 23.1, demand and exercise of business judgment to terminate derivative lawsuit only if he authorized or participated in the alleged wrongdoing
• discussing with apparent approval rationale of cases holding that demand must be made even where all directors have been named as defendants
• “[T]here appears to be alleged a sufficient causal link between the claimed nondisclosures in the proxy statements and the elections which the statements sought to influence.” (emphasis added

Source: CourtListener parenthetical corpus (CC0).