Topic: the directors of delaware corporations have the legal respo… · Go Syfert
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Topic #31809

3 canonical passages across 3 cases, quoted by 12 opinions in total. These passages cluster together because the same opinions keep quoting them side by side — they state parts of one doctrine. The anchor passage is from North American Catholic Educational Programming Foundation, Inc. v. Gheewalla.

#Case FlagCanonical passage Citers
1 North American Catholic Educational Programming Foundation, Inc. v. Gheewalla Anchor
del · 2007
green “the directors of delaware corporations have the legal responsibility to manage the business of a corporation for the benefit of its shareholder owners.” 5
2 In re Trados Inc. Shareholder Litigation
delch · 2013
green “at trial, the plaintiff could not rely on general characterizations of the vc ecosystem. the plaintiff had to prove by a preponderance of evidence that prang was not disinterested or independent in this case.” 4
3 Polk v. Good
del · 1986
green “in performing their duties the directors owe fundamental fiduciary duties . . . to the corporation and its shareholders.” 3

A red or yellow flag on a member means the underlying case has negative treatment — for those, check the case page before relying on the passage.

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