In Re Primedia Inc. Derivative 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 private equity firm could owe fiduciary duties to non- controlling stockholders when firm controlled corporation through intervening entities
• holding that private equity firm could owe fiduciary duties to non-controlling stockholders when firm controlled corporation through intervening entities
• holding that private equity firm could owe fiduciary duties to non-controlling stockholders when firm controlled corporation through intervening entities
• holding on motion to dismiss that directors who had “substantial past or current relationships, both of a business and of a personal nature, with [a controller]” were not independent
• holding on motion to dismiss that directors who had “substantial past or current relationships, both of a business and of a personal nature, with [a controller]” were not independent
• noting that “plaintiffs need not demonstrate that [the alleged controller] oversaw the day- to-day operations of the company” and that “[a]llegations of control over the particular transaction at issue are enough”

Source: CourtListener parenthetical corpus (CC0).