Webb v. Wolfard

How courts have described this case

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

• holding that shareholders lack standing to sue as third-party beneficiaries to allegedly breached contract unless the contract indicates the intent to benefit them directly, independently of their shareholder status
• “In order to prove third party beneficiary status, a party must demon- strate that the contract not only reflects the express or implied intention to benefit the party, but that it reflects an intention to benefit the party directly.”

Source: CourtListener parenthetical corpus (CC0).