Johnston v. Greene

How courts have described this case

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

• ―Whether or not a director has appropriated for himself something that in fairness should belong to the corporation is ‗a factual question to be decided by reasonable inference from objective facts.‘‖
• found no violation but stated “whether or not the director has appropriated for himself something that in fairness should belong to his corporation ‘is a factual question to be decided by reasonable inference from objective facts.’ ”
• “The refusal of the directors . . . to buy the patents was, under the Chancellor’s finding, a transaction between the dominating director and his corporation. It is therefore subject to strict scrutiny, and the defendants have the burden of showing that it was fair.”

Source: CourtListener parenthetical corpus (CC0).