Strougo Ex Rel. the Brazil Fund, Inc. v. Padegs

How courts have described this case

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

• holding that SLC members who participated in a Rule 12(b)(6) motion while on the board were independent
• indicating that where only one director was needed to form an SLC, if one of the two SLC members lacked some degree of independence, \such a finding would not deprive the SLC as a whole of its independence\
• indicating that where only one director was needed to form an SLC, if one of the two SLC members lacked some degree of independence, \such a finding would not deprive the SLC as a whole of its independence\
• indicating that where only one director was needed to form an SLC, if one of the two SLC members lacked some degree of independence, \such a finding would not deprive the SLC as a whole of its independence\
• \Both of the members of the SLC are 'disinterested' members of the SLC in the sense that they are in a position to base their decisions on the merits of the issues rather than on extraneous considerations or influences.\
• \Both of the members of the SLC are 'disinterested' members of the SLC in the sense that they are in a position to base their decisions on the merits of the issues rather than on extraneous considerations or influences.\

Source: CourtListener parenthetical corpus (CC0).