Pogostin v. Rice

How courts have described this case

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

• the Court of Chancery, exercising its sound discretion, must determine whether demand is excused under either prong of Aronson
• “[T]he requirement[s] of Chancery Court Rule 23.1 exist[] at the threshold to prevent abuse and to promote intracorporate dispute resolution.”
• “[T]he requirement of [Court of Chancery] Rule 23.1 exists at the threshold to prevent abuse and to promote intercorporate dispute resolution.”
• “Directorial interest exists whenever . . . a director either has received, or is entitled to receive, a personal financial benefit from the challenged transaction which is not equally shared by the stockholders.”
• “Directorial interest exists whenever . . . a director either has received, or is entitled to receive, a personal financial benefit from the challenged transaction which is not equally shared by the stockholders.”
• “Directorial interest exists whenever . . . a director either has received, or is entitled to receive, a personal financial benefit from the challenged transaction which is not equally shared by the stockholders.”

Source: CourtListener parenthetical corpus (CC0).