In Re Best Lock Corp. Shareholder Litigation

How courts have described this case

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

• holding that the rule in Bershad precluded recovery in a minority squeeze out transaction
• holding that isolated misstatement contradicted by information statement when read as a whole was not material
• considering acquiescence in the context of a corporate transaction and describing the need to show “unequivocal approval” of the transaction
• “Delaware courts have held repeatedly that a board need not disclose specific details of the analysis underlying a financial advisor‟s opinion.”
• “Majority shareholders who elect to freeze out minority shareholders should not be made better off by choosing to forego protective structural mechanisms. . . . [A]cquiescence (or ratification implied from the actions of shareholders
• “Majority shareholders who elect to freeze out minority shareholders should not be made better off by choosing to forego protective structural mechanisms. . . . [A]cquiescence (or ratification implied from the actions of shareholders

Source: CourtListener parenthetical corpus (CC0).

Cited by

17 cases in this archive cite this case.

• Shirvanian v. DeFrates
  Tex. App. Ct., 14th Dist. (Houston)· 2005-03-31· cited 37×
• BVF Partners L.P. v. New Orleans Employees' Retirement System
  Supreme Court of Delaware· 2012-12-27· cited 37×
• SFF-TIR, LLC v. Stephenson
  N.D. Oklahoma· 2017-04-25· cited 26×
• In Re: El Paso Pipeline Partners, L.P. Derivative Litigation
  Court of Chancery of Delaware· 2014-06-12· cited 24×
• Rock v. Rangos
  Superior Court of Pennsylvania· 2013-01-24· cited 23×
• Pride International, Inc. v. Bragg
  Tex. App. Ct., 1st Dist. (Houston)· 2008-04-03· cited 13×
• Enterasys Networks, Inc. v. Gulf Insurance
  D. New Hampshire· 2005-03-29· cited 2×
• Dent v. Ramtron
  Court of Chancery of Delaware· 2014-06-30
• Pride International, Inc. v. Paul A. Bragg
  Tex. App. Ct., 1st Dist. (Houston)· 2008-04-03
• In re EZCORP Inc. Consulting Agreement Derivative Litigation
  Court of Chancery of Delaware· 2016-01-25
• Calesa Associates, L.P.
  Court of Chancery of Delaware· 2016-02-29
• Jeffery J. Sheldon v. Pinto Technology Ventures, L.P.
  Court of Chancery of Delaware· 2019-01-25
• In re Tesla Motors, Inc. Stockholder Litigation
  Court of Chancery of Delaware· 2020-02-04
• Gonzalez v. UniversalPegasus International, Inc.
  Court of Appeals of Texas· 2017-08-24
• Buttonwood Tree Value Partners, LP v. R.L. Polk & Co., Inc.
  Court of Chancery of Delaware· 2022-06-23
• The State of Delaware v. Sweetwater Point, LLC
  Court of Chancery of Delaware· 2022-06-30
• Enterasys v. Gulf Insurance, et al.
  D. New Hampshire· 2005-03-29

Cites

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

• Amchem Products, Inc. v. Windsor
  Supreme Court· 1997-06-25· cited 4,991×
• TSC Industries, Inc. v. Northway, Inc.
  Supreme Court· 1976-06-14· cited 2,447×
• Weinberger v. UOP, Inc.
  Supreme Court of Delaware· 1983-02-01· cited 690×
• Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc.
  Supreme Court of Delaware· 1986-03-13· cited 386×
• In Re Santa Fe Pacific Corp. Shareholder Litigation
  Supreme Court of Delaware· 1995-11-22· cited 306×
• Kahn v. Lynch Communication Systems, Inc.
  Supreme Court of Delaware· 1994-04-05· cited 299×
• Rosenblatt v. Getty Oil Co.
  Supreme Court of Delaware· 1985-05-09· cited 268×
• Loudon v. Archer-Daniels-Midland Co.
  Supreme Court of Delaware· 1997-09-18· cited 142×
• Rabkin v. Philip A. Hunt Chemical Corp.
  Supreme Court of Delaware· 1985-09-23· cited 141×
• Coastal Barge Corp. v. Coastal Zone Industrial Control Board
  Supreme Court of Delaware· 1985-04-22· cited 134×
• Solomon v. Pathe Communications Corp.
  Supreme Court of Delaware· 1996-01-04· cited 133×
• Bershad v. Curtiss-Wright Corp.
  Supreme Court of Delaware· 1987-12-30· cited 125×
• Solomon v. Armstrong
  Court of Chancery of Delaware· 1999-03-25· cited 109×
• McDermott Inc. v. Lewis
  Supreme Court of Delaware· 1987-09-16· cited 93×
• Skeen v. Jo-Ann Stores, Inc.
  Supreme Court of Delaware· 2000-05-03· cited 76×
• Nagy v. Bistricer
  Court of Chancery of Delaware· 2000-11-22· cited 68×
• Citron v. E.I. Du Pont De Nemours & Co.
  Court of Chancery of Delaware· 1990-06-29· cited 60×
• Kahn v. Household Acquisition Corp.
  Supreme Court of Delaware· 1991-04-11· cited 50×
• Frank v. Wilson & Co.
  Supreme Court of Delaware· 1943-05-05· cited 49×
• Insituform of North America, Inc. v. Chandler
  Court of Chancery of Delaware· 1987-10-20· cited 35×