Shenker v. Laureate Education, Inc.

How courts have described this case

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

• holding that in a cash-out merger transaction, where the decision to sell the corporation had already been made, that shareholders could pursue direct claims against directors for their breach of common-law fiduciary duties of candor and maximization of shareholder value
• \statutes are not presumed to make alterations in the common law other than as may be declared expressly\
• “This Court has noted the ‘respect properly accorded Delaware decisions on corporate law’ ordinarily in our jurisprudence.”
• “[Liability for civil conspiracy based on the underlying tort of breach of fiduciary duty (where it is recognized) would require proof that the defendant, although not committing personally the underlying tort, was legally capable of committing the underlying tort”

Source: CourtListener parenthetical corpus (CC0).