Court of Appeals of Maryland· 1/20/2017
Oliveira v. Sugarman
Citations
- 152 A.3d 728
- 451 Md. 208
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- noting that a stock dilution claim can “support a direct shareholder claim under some circumstances”
- finding that demand investigation was reasonable where committee “hired highly respected and experienced legal counsel to assist”
- holding a shareholder Proxy Statement which said the “awards we have granted will vest only if performance conditions are achieved . . . and if additional service-based vesting periods . . . are satisfied” constituted a clear and definite promise
- “It is considered a ‘fundamental rule’ that ‘[a] shareholder—even the sole shareholder—does not have standing to assert claims alleging wrongs to the corporation’”
- “Because a derivative lawsuit intrudes upon the board of directors’ managerial control of the corporation, shareholders are required to first make a demand that the board take action before initiating a derivative suit”
- We adopt the definition [of SLCs] set forth in Boland|.]”
Source: CourtListener parenthetical corpus (CC0).
Judges: Barbera, Greene, Adkins, McDonald, Watts, Hotten, Getty
Read full opinion on CourtListenerCited by
16 cases in this archive cite this case.
- Impac Mortgage Hldgs. v. TimmCourt of Appeals of Maryland· 2021-07-15· cited 23×
- Stender v. Archstone-Smith Operating TrustTenth Circuit· 2018-12-07· cited 18×
- Impac Mortgage Holdings v. TimmCourt of Special Appeals of Maryland· 2020-04-01· cited 10×
- Gilroy v. SVF Riva Annapolis LLCCourt of Special Appeals of Maryland· 2017-09-01· cited 8×
- Gordon v. SznewajsC.D. California· 2018-06-13· cited 1×
- Gambrill v. Bd. of Education, Dorchester Cnty.Court of Special Appeals of Maryland· 2021-09-07
- CX Reinsurance Co. v. JohnsonCourt of Special Appeals of Maryland· 2021-09-07
- NEW HORIZONS CONDOMINIUM MASTER ASSOCIATION, INC. v. ROBERT HARDINGDistrict Court of Appeal of Florida· 2022-02-23
- Cherington Condominium v. KenneyCourt of Special Appeals of Maryland· 2022-03-31
- In re Res. Capital Corp., S'holder Derivative Litig.S.D. Illinois· 2018-02-23
- Mekhaya v. Eastland Food Corp.Court of Special Appeals of Maryland· 2022-12-22
- Eastland Food v. MekhayaCourt of Appeals of Maryland· 2023-08-31
- Eastland Food v. MekhayaCourt of Appeals of Maryland· 2023-09-05
- Julia Kim v. Cedar Realty Trust, Inc.Fourth Circuit· 2024-09-04
- Nathanson v. Tortoise Capital AdvisorsCourt of Special Appeals of Maryland· 2025-08-28
- Special Situations Fund v. Travel CentersCourt of Special Appeals of Maryland· 2025-11-25
Cites
42 cases in this archive are cited by this case; the 20 most cited are listed.
- Michael Lacey v. Joseph ArpaioNinth Circuit· 2012-08-29· cited 4,653×
- Kamen v. Kemper Financial Services, Inc.Supreme Court· 1991-05-20· cited 1,291×
- Aronson v. LewisSupreme Court of Delaware· 1984-03-01· cited 1,206×
- Brehm v. EisnerSupreme Court of Delaware· 2000-02-09· cited 877×
- Weinberger v. UOP, Inc.Supreme Court of Delaware· 1983-02-01· cited 690×
- Auerbach v. BennettNew York Court of Appeals· 1979-07-09· cited 638×
- Tooley v. Donaldson, Lufkin, & Jenrette, Inc.Supreme Court of Delaware· 2004-04-02· cited 479×
- Joseph Martin, Jr., Delicatessen, Inc. v. SchumacherNew York Court of Appeals· 1981-01-20· cited 410×
- Barry C. Cosgrove, Cross-Appellee v. Joseph Bartolotta and Mary-Bart, Llc, Doing Business as Bartolotta's Lake Park BistroSeventh Circuit· 1998-07-22· cited 395×
- Zapata Corp. v. MaldonadoSupreme Court of Delaware· 1981-05-13· cited 335×
- Scattered Corp. v. Chicago Stock Exchange, Inc.Supreme Court of Delaware· 1997-10-22· cited 204×
- In Re Tyson Foods, Inc. Consolidated Shareholder LitigationCourt of Chancery of Delaware· 2007-02-06· cited 192×
- RRC Northeast, LLC v. BAA Maryland, Inc.Court of Appeals of Maryland· 2010-05-10· cited 191×
- Mencher v. WeissNew York Court of Appeals· 1953-07-14· cited 189×
- Cochran v. NorkunasCourt of Appeals of Maryland· 2007-03-20· cited 187×
- In Re Tri-Star Pictures, Inc., LitigationSupreme Court of Delaware· 1993-12-08· cited 169×
- Gentile v. RossetteSupreme Court of Delaware· 2006-08-17· cited 149×
- Kowalchuk v. StroupAppellate Division of the Supreme Court of New York· 2009-02-10· cited 143×
- Cunningham v. FeinbergCourt of Appeals of Maryland· 2015-01-27· cited 119×
- Pavel Enterprises, Inc. v. AS Johnson Co., Inc.Court of Appeals of Maryland· 1996-04-10· cited 100×
Other cases named Oliveira v. Sugarman
3 other CourtListener records share this case name.
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