RDM Corp. v. Macaluso

How courts have described this case

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

• stating that when a decision can be attributed to “a rational mind,” then the business judgment rule “precludes judicial second-guessing”
• explaining that a special committee was effective where it “met eight times during the course of three months” and negotiated a price increase
• explaining that dicta includes “judicial statements on issues that would have no effect on the outcome of [the] case”
• explaining that the dual protections provide comfort that beneficial controlling stockholder transactions will not be subject to judicial second-guessing
• explaining that dicta includes “judicial statements on issues that would have no effect on the outcome of [the] case”
• noting that “any minority stockholder who voted no on a going private merger where appraisal is available, which is frequently the case, may also exercise her appraisal rights”

Source: CourtListener parenthetical corpus (CC0).