Philip Joseph Twohy, Jr. v. The First National Bank of Chicago

How courts have described this case

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

• holding that under United States law, a stockholder of a corporation has no individual right against third parties for injuries to the corporation
• noting that “[n]othing in Rule 44.1 strictly requires a district judge to engage in private research.”
• noting that \several courts have recognized that justice may require something less in post-judgment situations than in pre-judgment situations under Rule 15(a)\
• noting that “the normal procedure is for the proposed amendment or new pleading to be submitted” with the motion for leave to amend, and that failure to do so “indicates a lack of diligence and good faith”
• construing rule 44.1 of the Federal Rules of Civil Procedure
• failure to include amended complaint with motion, while not required, indicates lack of diligence and good faith

Source: CourtListener parenthetical corpus (CC0).