Lincoln Oldsmobile, Inc. v. Branch

How courts have described this case

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

• holding that where the injury is to the corporation, a stockholder must bring the action in the name of the corporation, \even where the individual is the sole stockholder of the corporation\ (citing Schaffer v. Universal Rundle Corp., 397 F.2d 893 (5th Cir. 1968))
• “The injury here is to the corporation and not to Branch. In such cases, a stockholder cannot maintain an action in his own name but must bring it in the name of the corporation.”

Source: CourtListener parenthetical corpus (CC0).