LaHue v. Keystone Investment Co.

How courts have described this case

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

• holding that joinder of the corporation is not always essential in a derivative suit without addressing whether an injunction against plaintiffs or former board members would be effective against the current directors of a corporation
• one-half beneficial interest in corporate stock by reason of community property law is sufficient to confer standing for stockholder derivative suit
• one-half beneficial interest in corporate stock by reason of community property law is sufficient to confer standing for stockholder derivative suit
• widow's one-half community interest in stock held in husband's name prior to his death, whether or not formally set aside to her in course of probate of husband's estate, is a one-half vested beneficial interest in those shares permitted to maintain derivative action

Source: CourtListener parenthetical corpus (CC0).