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· 10/30/1987

Lawler v. Marshall

Citations

  • 687 F. Supp. 1176
  • 1987 U.S. Dist. LEXIS 14014
  • 1987 WL 47334

How courts have described this case

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

  • holding where “(t]he terms of those elected [to the Board]... have expired,” it “render[s] moot the question of the validity of that election” (emphasis added)
  • dismissing a derivative claim under Section 10(b) and Rule 10b-5 because the knowledge of disinterested directors “was attributable to the Corporation and no 'deception’ occurred within the meaning of Rule 10b-5”
  • criticizing use of Section 14(a) to redress mismanagement and breaches of fiduciary duty
  • “stockholder approval of the modification of Zapata’s stock option plan was not required under its charter or bylaws and was not mandated by Delaware law”

Source: CourtListener parenthetical corpus (CC0).

Judges: Weber

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.