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· 5/2/1957

Philip Schechtman v. Louis E. Wolfson

Citations

  • 244 F.2d 537
  • 1957 U.S. App. LEXIS 5277
  • 1957 Trade Cas. (CCH) 68,700

How courts have described this case

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

  • “But there should be some check on derivative actions lest they be purely strike suits of great nuisance and no affirmative good, and hence it is ruled generally that the benefit to the corporation and the general body of shareholders must be substantial.”

Source: CourtListener parenthetical corpus (CC0).

Judges: Clark, Medina, Smith

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

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