Powell v. Gant

How courts have described this case

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

• holding that trial court’s determination of whether demand is excused may only be reversed for \manifest abuse of discretion\
• demand futility doctrine excuses demand requirement when the majority of directors are the alleged wrongdoers

Source: CourtListener parenthetical corpus (CC0).