Lewis v. Vogelstein

How courts have described this case

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

• stating that mere conclusory allegations unsupported by specific factual allegations are not sufficient to survive a motion to dismiss
• describing the “classical waste test” as “no consideration; gift; no person of ordinary prudence could possibly agree, etc.”
• referring to this type of ratification as an “after the fact . . . grant of authority that may have been wanting at the time of the agent’s act”
• reviewing compensation plan that was ratified by stockholders at annual meeting
• “Where under any state of facts consistent with the factual allegations of the complaint the plaintiff would be entitled to a judgment, the complaint may not be dismissed as legally defective.”
• “[N]o one should be forced against their will to make a gift of their property.”

Source: CourtListener parenthetical corpus (CC0).