Loral Space & Communications Inc. v. Highland Crusader Offshore Partners, L.P.

How courts have described this case

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

• stating that “[b]oth [direct and derivative] claims may be litigated” where a claim is dual-natured
• observing that one of the plaintiffs used books and records obtained pursuant to a Section 220 demand to file direct litigation after the challenged transaction closed
• finding that complaint pled \claims that support both individual and derivative causes of action\
• invaliding shares that directors issued to themselves for inadequate consideration
• invalidating shares that directors issued to themselves for inadequate consideration
• invalidating shares that directors issued to themselves for inadequate consideration

Source: CourtListener parenthetical corpus (CC0).