Petty v. Penntech Papers, Inc.

How courts have described this case

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

• finding irreparable harm where funds used for a redemption would be “gone forever” and it would be “impossible” to return to the prior balance of voting power
• “use of corporate funds to purchase corporate shares primarily to maintain management in control is improper”; purchase enjoined
• “[D]efendants are free . . . to seek an increased bond if they deem it necessary and upon a proper showing.”

Source: CourtListener parenthetical corpus (CC0).