In Re Philadelphia Stock Exchange, Inc.

How courts have described this case

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

• noting that general releases are designed to provide “complete peace”
• refusing to consider issues raised by objectors for first time on appeal
• former stockholders can be bound by a settlement and yet receive nothing when their claim has little or no value
• “the scope of a release of claims cannot be limitless, if only because of substantive due process concerns.”
• “In any settlement of litigation, including class actions, a release of claims is an essential, bargained—for element, with the defendants customarily seeking a release with the broadest permissible scope.”
• reviewing and approving Court of Chancery case law

Source: CourtListener parenthetical corpus (CC0).