Nixon v. Blackwell

How courts have described this case

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

• finding that only the fairness of the process was important where the adoption of an ESOP was challenged by non-employee shareholders as providing increased liquidity solely for the ESOP holders
• explaining that there are no “special rules” or protections for minority stockholders of closely held corporations that are not statutory close corporations
• explaining that there are no “special rules” or protections for minority stockholders of closely held corporations that are not statutory close corporations
• explaining that the “doctrine of entire fairness does not lend itself to bright line precision or rigid doctrine”
• finding that majority shareholders owe no special fiduciary duties to minority shareholders
• applying entire fairness where the controlling stockholders used various transactions to generate benefits for themselves that were “beyond that which benefited other stockholders generally”

Source: CourtListener parenthetical corpus (CC0).

Cited by

89 cases in this archive cite this case; the 20 most cited are listed.

• Cede & Co. v. Technicolor, Inc.
  Supreme Court of Delaware· 1994-01-18· cited 456×
• Kahn v. Lynch Communication Systems, Inc.
  Supreme Court of Delaware· 1994-04-05· cited 299×
• Paramount Communications Inc. v. QVC Network Inc.
  Supreme Court of Delaware· 1994-02-04· cited 265×
• Gantler v. Stephens
  Supreme Court of Delaware· 2009-01-27· cited 244×
• Cinerama, Inc. v. Technicolor, Inc.
  Supreme Court of Delaware· 1995-07-17· cited 242×
• Unitrin, Inc. v. American General Corp.
  Supreme Court of Delaware· 1995-01-11· cited 223×
• In Re Walt Disney Co. Derivative Litigation
  Court of Chancery of Delaware· 2005-08-09· cited 206×
• Scattered Corp. v. Chicago Stock Exchange, Inc.
  Supreme Court of Delaware· 1997-10-22· cited 204×
• Harrison v. NetCentric Corp.
  Massachusetts Supreme Judicial Court· 2001-03-14· cited 183×
• Williams v. Geier
  Supreme Court of Delaware· 1996-01-23· cited 180×
• Americas Mining Corp. v. Theriault
  Supreme Court of Delaware· 2012-08-27· cited 178×
• Emerald Partners v. Berlin
  Supreme Court of Delaware· 2001-11-28· cited 149×
• Schock v. Nash
  Supreme Court of Delaware· 1999-06-16· cited 127×
• In re Orchard Enterprises, Inc.
  Court of Chancery of Delaware· 2014-02-28· cited 127×
• Reis v. Hazelett Strip-Casting Corp.
  Court of Chancery of Delaware· 2011-02-01· cited 126×
• Kahn v. Tremont Corp.
  Supreme Court of Delaware· 1997-06-10· cited 122×
• Solomon v. Armstrong
  Court of Chancery of Delaware· 1999-03-25· cited 109×
• Cinerama, Inc. v. Technicolor, Inc.
  Court of Chancery of Delaware· 1994-10-12· cited 93×
• Carlson v. Hallinan
  Court of Chancery of Delaware· 2006-03-21· cited 86×
• eBay Domestic Holdings, Inc. v. Newmark
  Court of Chancery of Delaware· 2010-09-09· cited 86×

Cites

23 cases in this archive are cited by this case; the 20 most cited are listed.

• Aronson v. Lewis
  Supreme Court of Delaware· 1984-03-01· cited 1,206×
• Weinberger v. UOP, Inc.
  Supreme Court of Delaware· 1983-02-01· cited 690×
• Auerbach v. Bennett
  New York Court of Appeals· 1979-07-09· cited 638×
• Guth v. Loft, Inc.
  Supreme Court of Delaware· 1939-04-11· cited 466×
• Smith v. Van Gorkom
  Supreme Court of Delaware· 1985-03-14· cited 428×
• Unocal Corp. v. Mesa Petroleum Co.
  Supreme Court of Delaware· 1985-06-10· cited 322×
• Rosenblatt v. Getty Oil Co.
  Supreme Court of Delaware· 1985-05-09· cited 268×
• Levitt v. Bouvier
  Supreme Court of Delaware· 1972-01-04· cited 265×
• Sinclair Oil Corporation v. Levien
  Supreme Court of Delaware· 1971-06-18· cited 258×
• Mills Acquisition Co. v. MacMillan, Inc.
  Supreme Court of Delaware· 1989-05-03· cited 245×
• Rabkin v. Philip A. Hunt Chemical Corp.
  Supreme Court of Delaware· 1985-09-23· cited 141×
• Sonitrol Holding Co. v. Marceau Investissements
  Supreme Court of Delaware· 1992-05-14· cited 83×
• Cheff v. Mathes
  Supreme Court of Delaware· 1964-03-17· cited 83×
• Fiduciary Trust Co. v. Fiduciary Trust Co.
  Supreme Court of Delaware· 1982-04-20· cited 70×
• Rothschild International Corp. v. Liggett Group Inc.
  Supreme Court of Delaware· 1984-03-20· cited 52×
• AC Acquisitions Corp. v. Anderson, Clayton & Co.
  Court of Chancery of Delaware· 1986-09-18· cited 49×
• Orzeck v. Englehart
  Supreme Court of Delaware· 1963-11-05· cited 48×
• Providence & Worcester Co. v. Baker
  Supreme Court of Delaware· 1977-09-08· cited 33×
• Marciano v. Nakash
  Supreme Court of Delaware· 1987-12-23· cited 31×
• Shamrock Holdings, Inc. v. Polaroid Corp.
  Court of Chancery of Delaware· 1989-01-06· cited 30×