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· 5/21/1996

Gwynedd Development Group, Inc. v. Department of Labor & Industry

Citations

  • 675 A.2d 1220
  • 544 Pa. 218
  • 1996 Pa. LEXIS 1054

How courts have described this case

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

  • holding that merely alleging that a director had an interest in the transaction is not enough to rebut the business judgment rule and shift the burden to the defendant under NRS 78.138
  • overruling the inherent fairness standard applied in Foster v. Arata, 74 Nev. 143, 156, 325 P.2d 759, 765 (1958), and the gross negligence standard applied in Shoen v. SAC Holding Corp., 122 Nev. 621, 640, 137 P.3d 1171, 1184 (2006)
  • declining to apply the inherent-fairness standard

Source: CourtListener parenthetical corpus (CC0).

Judges: Consideration, Matter, Newman

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.