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· 5/27/1983

Professional Hockey Corp. v. World Hockey Assn.

Citations

  • 143 Cal. App. 3d 410
  • 191 Cal. Rptr. 773
  • 1983 Cal. App. LEXIS 1772

How courts have described this case

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

  • a director’s fiduciary duties include duties of obedience, diligence, and loyalty in the management of corporate affairs and obligations of trust and confidence to the corporation and its stockholders
  • “Under both California and Delaware law the duty of 22 loyalty requires the directors/trustees not to act in their own self interest when the interest of their 23 corporation will be damaged thereby.”

Source: CourtListener parenthetical corpus (CC0).

Judges: Staniforth

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.