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· 7/10/1979

Neponsit Investment Co. v. Abramson

Citations

  • 405 A.2d 97
  • 1979 Del. LEXIS 392

How courts have described this case

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

  • affirming trial court’s approval of a derivative suit settlement in appeal brought by shareholders who objected to settlement during fairness hearing
  • “In determining whether or not to approve a proposed settlement of a derivative stockholders' action in these circumstances, the Court of Chancery is called upon to exercise its own business judgment.”
  • “In determining whether or not to approve a proposed settlement of a derivative stockholders‟ action in these circumstances, the Court of Chancery is called upon to exercise its own business judgment.”
  • “In determining whether or not to approve a proposed settlement of a derivative stockholders’ action in these circumstances, the Court of Chancery is called upon to exercise its own business judgment.”

Source: CourtListener parenthetical corpus (CC0).

Judges: Herrmann, Horsey, Quil-Len, Quillen

Read full opinion on CourtListener

Sourced 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.