Michelson v. Duncan

Decided 1979-10-02

Cited by 140 later decision(s) in our corpus · see the citation network in Lexace

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From the opinion

HORSEY, Justice: Plaintiff appeals the Court of Chancery’s grant of summary judgment in a derivative shareholder’s suit brought to set aside stock options granted by the defendants, officers and directors of Household Finance Corporation (hereafter, “HFC”) to key employees, including themselves. The source of the controversy between the parties is action taken by the directors i…

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