Kansas Heart Hospital, L.L.C. v. Idbeis

How courts have described this case

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

• “[T]he language of [a] contract will control, not as subjectively understood by either party but as understood by a hypothetical reasonable third party.”
• “Modern state corporation statutes governing stock repurchases no longer distinguish between redeemable shares and other types of shares.”
• “[C]orporate instruments such as charters and bylaws are interpreted in the same manner as other contracts.”
• A contract is ambiguous only when the document has multiple meanings and leaves genuine uncertainty as to the intent of the parties.
• “Reliance on ... Delaware decision[s] is consistent with our long history of looking to Delaware for guidance when applying the Kansas General Corporation Code, which was modeled on the Delaware Code.”
• “Reliance on a Delaware decision is consistent with our long history of looking to Delaware for guidance when applying the Kansas General Corporation Code, which was modeled on the Delaware Code.” (citations omitted)

Source: CourtListener parenthetical corpus (CC0).