· 9/23/1980
Lerman v. Diagnostic Data, Inc.
Citations
- 421 A.2d 906
- 1980 Del. Ch. LEXIS 438
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- holding that a 70-days’ notice bylaw was inequitable in a situation where the board announced the annual meeting only 63 days before it was to occur, rendering compliance impossible
- invalidating bylaw provisions that permitted the board to “prevent the plaintiff and his group from placing the names of their candidates in nomination”
- corporate action may not be upheld where that action was unnecessary under the circumstances — as was the timing of self-tender here — and had the dual effect of thwarting shareholder opposition and perpetuating management in office
Source: CourtListener parenthetical corpus (CC0).
Judges: Brown
Read full opinion on CourtListenerSourced 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.