In Re the Topps Co. Shareholders Litigation

How courts have described this case

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

• explaining that the law of fiduciary obligations is one of the most important ways a state regulates a corporation’s internal affairs
• noting that litigants in Delaware Chancery Court may seek direct review from the Delaware Supreme Court, providing “prompt definitive guidance” not available to courts in other states
• observing during course of forum non conveniens analysis that litigating in Delaware would “provide litigants the timely opportunity to seek review from this state's highest court, the Delaware Supreme Court,” which “is obviously unavailable in the courts of another state”
• noting “it is well settled that jurisdiction in any case will be declined . . . where a determination of the rights of the litigants involves regulation and management of the internal affairs of [a] corporation dependent upon the laws of [a] foreign state”
• “When new issues arise, the state of incorporation has a particularly strong interest in addressing them, and providing guidance.”
• “Representative plaintiffs seeking to wield the cudgel for all stockholders of a Delaware corporation have no legitimate interest in obtaining a ruling from a non-Delaware court.”

Source: CourtListener parenthetical corpus (CC0).

Cited by

35 cases in this archive cite this case; the 20 most cited are listed.

• In Re Citigroup Inc. Shareholder Derivative Litigation
  Court of Chancery of Delaware· 2009-02-24· cited 394×
• In Re Teleglobe Communications Corp.
  Third Circuit· 2007-07-17· cited 285×
• Official Committee of Unsecured Creditors of Fedders North America, Inc. Ex Rel. Debtors' Estates v. Goldman Sachs Credit Partners L.P. (In Re Fedders North America, Inc.)
  D. Delaware· 2009-05-21· cited 99×
• Louisiana Municipal Police Employees' Retirement System v. Pyott
  Court of Chancery of Delaware· 2012-06-11· cited 59×
• LaSala v. Bordier Et Cie
  Third Circuit· 2008-03-11· cited 57×
• Burtch v. Seaport Capital, LLC (In re Direct Response Media, Inc.)
  D. Delaware· 2012-01-12· cited 54×
• King v. VeriFone Holdings, Inc.
  Supreme Court of Delaware· 2011-01-28· cited 45×
• Total Holdings USA, Inc. v. Curran Composites, Inc.
  Court of Chancery of Delaware· 2009-10-09· cited 21×
• City of Providence v. First Citizens Bancshares, Inc.
  Court of Chancery of Delaware· 2014-09-08· cited 18×
• Diedenhofen-Lennartz v. Diedenhofen
  Court of Chancery of Delaware· 2007-08-08· cited 17×
• Official Committee of Unsecured Creditors of Midway Games Inc. v. National Amusements Inc. (In Re Midway Games Inc.)
  D. Delaware· 2010-03-19· cited 16×
• IMO Daniel Kloiber Dynasty Trust U/A/D December 20, 2002
  Court of Chancery of Delaware· 2014-08-06· cited 16×
• Miller v. Greystone Business Credit II, LLC (In re USA Detergents, Inc.)
  D. Delaware· 2009-10-16· cited 16×
• Teleglobe USA, Inc. v. BCE Inc. (In Re Teleglobe Communications Corp.)
  D. Delaware· 2008-08-07· cited 15×
• Brandin v. Deason
  Court of Chancery of Delaware· 2007-07-20· cited 8×
• Krieger v. Atheros Communications, Inc.
  N.D. California· 2011-03-04· cited 8×
• Gavin v. Tousignant (In re Ultimate Escapes Holdings, LLC)
  D. Delaware· 2016-02-23· cited 4×
• Caballero
  Superior Court of Delaware· 2014-06-24
• Willis v. PCA Pain Center of Virginia, Inc.
  Court of Chancery of Delaware· 2014-10-20
• In re Appraisal of Dell Inc.
  Court of Chancery of Delaware· 2015-07-13

Cites

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

• Edgar v. Mite Corp.
  Supreme Court· 1982-06-23· cited 795×
• CTS Corp. v. Dynamics Corp. of America
  Supreme Court· 1987-04-21· cited 476×
• Rogers v. Guaranty Trust Co.
  Supreme Court· 1933-01-23· cited 205×
• In Re Tyson Foods, Inc. Consolidated Shareholder Litigation
  Court of Chancery of Delaware· 2007-02-06· cited 192×
• McWane Cast Iron Pipe Corp. v. McDowell-Wellman Engineering Co.
  Supreme Court of Delaware· 1970-02-13· cited 184×
• Ryan v. Gifford
  Court of Chancery of Delaware· 2007-02-06· cited 156×
• McMullin v. Beran
  Supreme Court of Delaware· 2000-11-20· cited 135×
• McMillan v. Intercargo Corp.
  Court of Chancery of Delaware· 2000-04-20· cited 121×
• Sample v. Morgan
  Court of Chancery of Delaware· 2007-01-23· cited 69×
• In Re Primedia Inc. Derivative Litigation
  Court of Chancery of Delaware· 2006-11-15· cited 57×
• Omnicare, Inc. v. NCS Healthcare, Inc.
  Supreme Court of Delaware· 2003-04-04· cited 52×
• Weiss v. Routh
  Second Circuit· 1945-05-02· cited 50×
• Louisiana Municipal Police Employees' Retirement System v. Crawford
  Court of Chancery of Delaware· 2007-02-23· cited 50×
• Armstrong v. Pomerance
  Supreme Court of Delaware· 1980-10-29· cited 48×
• Biondi v. Scrushy
  Court of Chancery of Delaware· 2003-01-16· cited 33×
• Kennedy v. Wright
  Seventh Circuit· 1988-07-12· cited 25×
• Weil v. Morgan Stanley DW Inc.
  Court of Chancery of Delaware· 2005-07-25· cited 22×
• Dura Pharmaceuticals, Inc. v. Scandipharm, Inc.
  Court of Chancery of Delaware· 1998-02-20· cited 18×
• Friedman v. Alcatel Alsthom
  Court of Chancery of Delaware· 1999-12-10· cited 14×
• Prescott v. Plant Industries, Inc.
  S.D. New York· 1980-10-29· cited 8×