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· 9/26/1996

Riblet Products Corp. v. Nagy

Citations

  • 683 A.2d 37
  • 12 I.E.R. Cas. (BNA) 182
  • 1996 Del. LEXIS 360
  • 1996 WL 580362

How courts have described this case

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

  • holding that directors did not owe any fiduciary duties to employee as stockholder for purposes of exercising termination right
  • holding that directors did not owe any fiduciary duties to employee as stockholder for purposes of exercising termination right
  • holding that directors did not owe any fiduciary duties to employee as stockholder for purposes of exercising termination right
  • holding that fiduciary duties “are not implicated when the issue involves the rights of the minority stockholder qua employee”
  • noting that Delaware has not adopted duty of utmost good faith and loyalty established in Wilkes v. Springside Nursing Home, Inc., supra
  • holding “contractual rights as an employee . . . are separate from [an individual’s] rights as a stockholder.”

Source: CourtListener parenthetical corpus (CC0).

Judges: Veasey, Walsh, Berger

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.