Quickturn Design Systems, Inc. v. Shapiro

How courts have described this case

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

• affirming Quickturn I on other grounds; holding that deferred redemption provision conflicted with Section 141(a)
• implicitly upholding an advance notice bylaw requiring notice be given 60 days in advance of meeting
• “In discharging the statutory mandate of Section 141(a), the directors have a fiduciary duty to the corporation and its shareholders.”
• “In discharging the statutory mandate of Section 141(a), the directors have a fiduciary duty to the corporation and its shareholders.”
• “In discharging the statutory mandate of Section 141(a), the directors have a fiduciary duty to the corporation and its shareholders.”
• poison pill that could not be redeemed by new board of directors was invalid because it improperly divested the board of their statutory authority and duty to manage the affairs of the corporation

Source: CourtListener parenthetical corpus (CC0).