McGill v. Lion Place Condo. Assn.

How courts have described this case

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

• according to business judgment rule, courts are precluded from conducting inquiry into actions of corporate directors taken in good faith and in exercise of honest judgment in lawful and legitimate furtherance of corporate purposes
• derivative proceeding shall mean civil suit or action in right of domestic corporation
• basis of doctrine of res judicata is that party to be affected, or someone with whom he or she is in privity, has litigated or has had opportunity to litigate same matter in former action
• in order that parties for or against whom doctrine of claim preclusion is sought to be applied may be regarded same in both actions, general rule is that they must be parties to both actions in same capacity or quality

Source: CourtListener parenthetical corpus (CC0).