Preface |
|
iii | |
Editorial Note and Acknowledgment |
|
v | |
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xxiii | |
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1 | (90) |
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1 | (13) |
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1 | (5) |
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6 | (1) |
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6 | (1) |
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A. Gay Jenson Farms Co. v. Cargill, Inc. |
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7 | (5) |
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12 | (1) |
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12 | (1) |
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13 | (1) |
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Liability of Principal to Third Parties in Contract |
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14 | (33) |
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14 | (1) |
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Mill Street Church of Christ v. Hogan |
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14 | (2) |
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16 | (1) |
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16 | (1) |
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Lind v. Schenley Industries, Inc. |
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16 | (5) |
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21 | (1) |
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21 | (1) |
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22 | (1) |
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Three-Seventy Leasing Corporation v. Ampex Corporation |
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22 | (2) |
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24 | (1) |
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Planning And Economic Efficiency |
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25 | (1) |
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25 | (1) |
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25 | (2) |
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27 | (1) |
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28 | (1) |
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Kidd v. Thomas A. Edison, Inc. |
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28 | (3) |
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31 | (1) |
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Nogales Service Center v. Atlantic Richfield Company |
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31 | (4) |
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35 | (1) |
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35 | (1) |
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36 | (1) |
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Botticello v. Stefanovicz |
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36 | (3) |
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39 | (1) |
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40 | (1) |
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40 | (3) |
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43 | (1) |
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Agent's Liability on the Contract |
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43 | (1) |
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Atlantic Salmon A/S v. Curran |
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43 | (3) |
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46 | (1) |
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Liability of Principal to Third Parties in Tort |
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47 | (33) |
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Servant Versus Independent Contractor |
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47 | (1) |
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Humble Oil & Refining Co. v. Martin |
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48 | (2) |
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Hoover v. Sun Oil Company |
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50 | (2) |
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52 | (1) |
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53 | (1) |
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53 | (1) |
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Murphy v. Holiday Inns, Inc. |
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53 | (4) |
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57 | (1) |
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Tort Liability and Apparent Agency |
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58 | (1) |
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Miller v. McDonald's Corp. |
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58 | (3) |
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61 | (1) |
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62 | (1) |
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62 | (1) |
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Ira S. Bushey & Sons, Inc. v. United States |
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62 | (4) |
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66 | (1) |
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67 | (1) |
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68 | (2) |
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70 | (1) |
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70 | (1) |
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70 | (5) |
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75 | (1) |
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Liability for Torts of Independent Contractors |
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75 | (1) |
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Majestic Realty Associates, Inc. v. Toti Contracting Co. |
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75 | (4) |
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79 | (1) |
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Fiduciary Obligation of Agents |
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80 | (11) |
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80 | (1) |
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80 | (2) |
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82 | (1) |
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82 | (1) |
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General Automotive Manufacturing Co. v. Singer |
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83 | (4) |
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87 | (1) |
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Duties During and After Termination of Agency: Herein of ``Grabbing and Leaving'' |
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87 | (1) |
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Town & Country House & Home Service, Inc. v. Newbery |
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87 | (3) |
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90 | (1) |
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91 | (109) |
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What Is a Partnership? And Who Are the Partners? |
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91 | (18) |
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Partners Compared With Employees |
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91 | (1) |
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Fenwick v. Unemployment Compensation Commission |
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91 | (4) |
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95 | (1) |
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Partners Compared With Lenders |
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96 | (1) |
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96 | (3) |
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99 | (1) |
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100 | (1) |
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101 | (1) |
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Southex Exhibitions, Inc. v. Rhode Island Builders Association, Inc. |
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101 | (4) |
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105 | (1) |
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106 | (1) |
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106 | (2) |
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108 | (1) |
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The Fiduciary Obligations of Partners |
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109 | (23) |
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109 | (1) |
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109 | (5) |
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114 | (1) |
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114 | (1) |
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115 | (1) |
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115 | (2) |
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117 | (1) |
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117 | (1) |
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117 | (7) |
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124 | (1) |
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125 | (1) |
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125 | (1) |
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Lawlis v. Kightlinger & Gray |
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125 | (6) |
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131 | (1) |
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132 | (4) |
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132 | (3) |
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135 | (1) |
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Raising Additional Capital |
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136 | (4) |
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136 | (4) |
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The Rights of Partners in Management |
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140 | (12) |
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National Biscuit Company v. Stroud |
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140 | (2) |
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142 | (1) |
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142 | (1) |
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142 | (2) |
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144 | (1) |
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Moren ex rel. Moren v. JAX Restaurant |
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144 | (2) |
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146 | (1) |
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146 | (1) |
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146 | (4) |
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150 | (1) |
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151 | (1) |
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152 | (45) |
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152 | (1) |
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152 | (3) |
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155 | (1) |
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155 | (1) |
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155 | (5) |
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160 | (1) |
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160 | (1) |
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160 | (1) |
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160 | (3) |
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163 | (1) |
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The Consequences of Dissolution |
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163 | (1) |
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|
163 | (2) |
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165 | (1) |
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166 | (7) |
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173 | (1) |
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Pav--Saver Corporation v. Vasso Corporation |
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173 | (5) |
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178 | (1) |
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179 | (1) |
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179 | (1) |
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|
179 | (2) |
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181 | (1) |
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182 | (1) |
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G & S Investments v. Belman |
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183 | (4) |
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187 | (1) |
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Law Partnership Dissolutions |
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187 | (1) |
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187 | (4) |
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191 | (1) |
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192 | (1) |
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192 | (4) |
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196 | (1) |
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|
197 | (3) |
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197 | (1) |
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|
198 | (2) |
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The Nature of the Corporation |
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|
200 | (99) |
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Promoters and the Corporate Entity |
|
|
200 | (7) |
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Southern-Gulf Marine Co. No. 9, Inc. v. Camcraft, Inc. |
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202 | (3) |
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|
205 | (1) |
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|
205 | (2) |
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The Corporate Entity and Limited Liability |
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|
207 | (25) |
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|
207 | (5) |
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212 | (1) |
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212 | (1) |
|
Sea-Land Services, Inc. v. Pepper Source |
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212 | (6) |
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218 | (1) |
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218 | (1) |
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Roman Catholic Archbishop of San Francisco v. Sheffield |
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218 | (3) |
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221 | (1) |
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222 | (1) |
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In Re Silicone Gel Breast Implants Products Liability Litigation |
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222 | (7) |
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229 | (1) |
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|
229 | (1) |
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Frigidaire Sales Corporation v. Union Properties, Inc. |
|
|
229 | (2) |
|
|
231 | (1) |
|
Shareholder Derivative Actions |
|
|
232 | (50) |
|
|
232 | (1) |
|
Cohen v. Beneficial Industrial Loan Corp. |
|
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232 | (4) |
|
|
236 | (1) |
|
Eisenberg v. Flying Tiger Line, Inc. |
|
|
236 | (3) |
|
|
239 | (1) |
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Note on Settlements and Attorney Fees |
|
|
240 | (1) |
|
Note and Question on Individual Recovery in a Derivative Action |
|
|
241 | (1) |
|
The Requirement of Demand on the Directors |
|
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241 | (1) |
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|
241 | (8) |
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249 | (1) |
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|
250 | (5) |
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255 | (1) |
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255 | (1) |
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The Role of Special Committees |
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256 | (1) |
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|
256 | (5) |
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261 | (1) |
|
Zapata Corp. v. Maldonado |
|
|
261 | (8) |
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269 | (1) |
|
In Re Oracle Corp. Derivative Litigation |
|
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269 | (11) |
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280 | (1) |
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|
280 | (2) |
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The Role and Purposes of Corporations |
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282 | (17) |
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A.P. Smith Mfg. Co. v. Barlow |
|
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282 | (4) |
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286 | (1) |
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286 | (1) |
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287 | (1) |
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288 | (1) |
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|
288 | (5) |
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293 | (4) |
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297 | (1) |
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297 | (1) |
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|
298 | (1) |
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The Limited Liability Company |
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299 | (29) |
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300 | (5) |
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Water, Waste & Land, Inc. D/B/A Westec v. Lanham |
|
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300 | (4) |
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304 | (1) |
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305 | (7) |
|
Elf Atochem North America, Inc. v. Jaffari |
|
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305 | (6) |
|
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311 | (1) |
|
Piercing the ``LLC'' Veil |
|
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312 | (5) |
|
Kaycee Land and Livestock v. Flahive |
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312 | (2) |
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314 | (1) |
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315 | (2) |
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317 | (6) |
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McConnell v. Hunt Sports Enterprises |
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317 | (5) |
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322 | (1) |
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323 | (5) |
|
New Horizons Supply Cooperative v. Haack |
|
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323 | (4) |
|
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327 | (1) |
|
The Duties of Officers, Directors, and Other Insiders |
|
|
328 | (205) |
|
The Obligations of Control: Duty of Care |
|
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328 | (46) |
|
Kamin v. American Express Company |
|
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328 | (3) |
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331 | (1) |
|
|
332 | (10) |
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342 | (1) |
|
Note on Cinerama, Inc. v. Technicolor, Inc. |
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342 | (2) |
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344 | (1) |
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Note on Legislative Response |
|
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345 | (1) |
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|
345 | (9) |
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354 | (1) |
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355 | (1) |
|
Francis v. United Jersey Bank |
|
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356 | (5) |
|
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361 | (1) |
|
In Re Caremark International Inc. Derivative Litigation |
|
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362 | (10) |
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372 | (1) |
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|
372 | (2) |
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374 | (39) |
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374 | (1) |
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|
374 | (5) |
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379 | (1) |
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|
379 | (4) |
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383 | (1) |
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|
383 | (1) |
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|
384 | (1) |
|
Broz v. Cellular Information Systems, Inc. |
|
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384 | (4) |
|
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388 | (1) |
|
In Re eBay, Inc. Shareholders Litigation |
|
|
389 | (3) |
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|
392 | (2) |
|
|
394 | (1) |
|
|
394 | (1) |
|
Sinclair Oil Corp. v. Levien |
|
|
394 | (4) |
|
|
398 | (1) |
|
Zahn v. Transamerica Corporation |
|
|
399 | (4) |
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403 | (1) |
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404 | (1) |
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|
405 | (1) |
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|
405 | (2) |
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|
407 | (1) |
|
In Re Wheelabrator Technologies, Inc. Shareholders Litigation |
|
|
408 | (3) |
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|
411 | (1) |
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|
411 | (2) |
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|
413 | (65) |
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414 | (1) |
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415 | (6) |
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421 | (1) |
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|
421 | (1) |
|
Doran v. Petroleum Management Corp. |
|
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422 | (6) |
|
|
428 | (1) |
|
Note on Securities Act Civil Liabilities |
|
|
429 | (3) |
|
Escott v. BarChris Construction Corp. |
|
|
432 | (14) |
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446 | (1) |
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|
446 | (1) |
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Note on Integrated Disclosure and Exchange Act Disclosures |
|
|
447 | (2) |
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|
449 | (1) |
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|
450 | (11) |
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461 | (1) |
|
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462 | (1) |
|
West v. Prudential Securities, Inc. |
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|
463 | (3) |
|
|
466 | (1) |
|
Note on Judicial Limitations on Actions Under Rule 10b--5 |
|
|
467 | (1) |
|
Santa Fe Industries, Inc. v. Green |
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468 | (5) |
|
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473 | (1) |
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473 | (1) |
|
Deutschman v. Beneficial Corp. |
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474 | (3) |
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477 | (1) |
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478 | (33) |
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|
478 | (3) |
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481 | (1) |
|
Securities and Exchange Commission v. Texas Gulf Sulphur Co. |
|
|
482 | (10) |
|
|
492 | (1) |
|
Introductory Note on Current Law |
|
|
493 | (1) |
|
Dirks v. Securities & Exchange Commission |
|
|
494 | (6) |
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|
500 | (1) |
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501 | (6) |
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|
507 | (4) |
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511 | (9) |
|
Reliance Electric Co. v. Emerson Electric Co. |
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|
511 | (3) |
|
Foremost-McKesson, Inc. v. Provident Securities Company |
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|
514 | (2) |
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|
516 | (3) |
|
|
519 | (1) |
|
Indemnification and Insurance |
|
|
520 | (13) |
|
Waltuch v. Conticommodity Services, Inc. |
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521 | (7) |
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528 | (1) |
|
Citadel Holding Corporation v. Roven |
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|
529 | (3) |
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532 | (1) |
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|
532 | (1) |
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|
532 | (1) |
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|
532 | (1) |
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|
533 | (180) |
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533 | (52) |
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535 | (1) |
|
Levin v. Metro--Goldwyn--Mayer, Inc. |
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|
535 | (2) |
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537 | (1) |
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|
537 | (1) |
|
Rosenfeld v. Fairchild Engine & Airplane Corp. |
|
|
537 | (5) |
|
Notes on the Regulation of Proxy Fights |
|
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542 | (1) |
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|
543 | (1) |
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|
543 | (1) |
|
Private Actions for Proxy Rule Violations |
|
|
544 | (1) |
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|
544 | (3) |
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547 | (1) |
|
Mills v. Electric Auto-Lite Co. |
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547 | (7) |
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554 | (1) |
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554 | (1) |
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555 | (3) |
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558 | (1) |
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559 | (1) |
|
Lovenheim v. Iroquois Brands, Ltd. |
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559 | (3) |
|
|
562 | (1) |
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|
563 | (1) |
|
The New York City Employees' Retirement System v. Dole Food Company, Inc. |
|
|
563 | (5) |
|
|
568 | (1) |
|
Austin v. Consolidated Edison Company of New York, Inc. |
|
|
568 | (2) |
|
|
570 | (1) |
|
|
570 | (1) |
|
Shareholder Inspection Rights |
|
|
571 | (1) |
|
|
571 | (1) |
|
Crane Co. v. Anaconda Co. |
|
|
572 | (3) |
|
State Ex Rel. Pillsbury v. Honeywell, Inc. |
|
|
575 | (3) |
|
|
578 | (1) |
|
Sadler v. NCR Corporation |
|
|
578 | (5) |
|
|
583 | (2) |
|
Shareholder Voting Control |
|
|
585 | (14) |
|
Stroh v. Blackhawk Holding Corp. |
|
|
585 | (3) |
|
|
588 | (1) |
|
|
589 | (1) |
|
|
589 | (1) |
|
State of Wisconsin Investment Board v. Peerless Systems Corp. |
|
|
590 | (8) |
|
|
598 | (1) |
|
|
598 | (1) |
|
Control in Closely Held Corporations |
|
|
599 | (31) |
|
Ringling Bros.-Barnum & Bailey Combined Shows v. Ringling |
|
|
599 | (7) |
|
|
606 | (1) |
|
|
606 | (5) |
|
|
611 | (2) |
|
|
613 | (2) |
|
Corporate Planning By Use of Employment Contracts |
|
|
615 | (1) |
|
Note on Shareholder Agreements, Voting Trusts, Statutory Close Corporations, and Involuntary Dissolution |
|
|
616 | (2) |
|
|
618 | (5) |
|
|
623 | (1) |
|
|
623 | (4) |
|
|
627 | (1) |
|
Note on the Law in Other States |
|
|
628 | (1) |
|
|
628 | (1) |
|
Note and Questions on Limited Liability Companies |
|
|
628 | (2) |
|
|
630 | (34) |
|
Wilkes v. Springside Nursing Home, Inc. |
|
|
630 | (6) |
|
|
636 | (1) |
|
Ingle v. Glamore Motor Sales, Inc. |
|
|
637 | (5) |
|
|
642 | (1) |
|
|
642 | (4) |
|
|
646 | (1) |
|
Smith v. Atlantic Properties, Inc. |
|
|
646 | (4) |
|
|
650 | (1) |
|
|
650 | (1) |
|
|
650 | (1) |
|
Jordan v. Duff and Phelps, Inc. |
|
|
651 | (11) |
|
|
662 | (2) |
|
Control, Duration, and Statutory Dissolution |
|
|
664 | (29) |
|
Alaska Plastics, Inc. v. Coppock |
|
|
664 | (6) |
|
|
670 | (1) |
|
Note on Meiselman v. Meiselman |
|
|
671 | (1) |
|
|
672 | (1) |
|
Note and Question on Limited Liability Companies |
|
|
672 | (1) |
|
|
673 | (7) |
|
|
680 | (1) |
|
|
680 | (1) |
|
|
681 | (5) |
|
|
686 | (1) |
|
|
686 | (1) |
|
|
686 | (1) |
|
Stuparich v. Harbor Furniture Mfg., Inc. |
|
|
687 | (5) |
|
|
692 | (1) |
|
|
693 | (20) |
|
Frandsen v. Jensen-Sundquist Agency, Inc. |
|
|
693 | (4) |
|
Zetlin v. Hanson Holdings, Inc. |
|
|
697 | (1) |
|
Note and Questions on Control Premiums |
|
|
698 | (2) |
|
|
700 | (1) |
|
|
700 | (4) |
|
|
704 | (1) |
|
Essex Universal Corporation v. Yates |
|
|
705 | (3) |
|
Note on What Is a Control Block of Shares |
|
|
708 | (1) |
|
|
709 | (2) |
|
|
711 | (2) |
|
Mergers, Acquisitions, and Takeovers |
|
|
713 | (150) |
|
|
713 | (45) |
|
The De Facto Merger Doctrine |
|
|
713 | (1) |
|
|
713 | (2) |
|
Farris v. Glen Alden Corporation |
|
|
715 | (6) |
|
|
721 | (1) |
|
|
721 | (1) |
|
Hariton v. Arco Electronics, Inc. |
|
|
722 | (1) |
|
|
723 | (1) |
|
|
723 | (1) |
|
|
724 | (1) |
|
|
724 | (10) |
|
|
734 | (1) |
|
|
735 | (1) |
|
Coggins v. New England Patriots Football Club, Inc. |
|
|
736 | (5) |
|
|
741 | (1) |
|
|
741 | (1) |
|
Rabkin v. Philip A. Hunt Chemical Corporation |
|
|
742 | (4) |
|
|
746 | (1) |
|
|
747 | (1) |
|
|
747 | (1) |
|
|
747 | (1) |
|
|
748 | (2) |
|
|
750 | (1) |
|
|
750 | (1) |
|
|
751 | (1) |
|
|
751 | (5) |
|
|
756 | (2) |
|
|
758 | (105) |
|
|
758 | (1) |
|
|
758 | (8) |
|
|
766 | (1) |
|
|
767 | (1) |
|
|
767 | (1) |
|
|
768 | (1) |
|
|
768 | (1) |
|
|
768 | (2) |
|
Unocal Corporation v. Mesa Petroleum Co. |
|
|
770 | (9) |
|
Note on SEC Reaction and Poison Pills |
|
|
779 | (1) |
|
Note on ``Junk'' Bonds As the Back-End Consideration |
|
|
780 | (1) |
|
|
781 | (1) |
|
Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc. |
|
|
781 | (10) |
|
|
791 | (1) |
|
|
791 | (1) |
|
Paramount Communications, Inc. v. Time Incorporated |
|
|
792 | (9) |
|
|
801 | (1) |
|
|
801 | (1) |
|
Paramount Communications Inc. v. QVC Network Inc. |
|
|
802 | (13) |
|
|
815 | (1) |
|
|
815 | (1) |
|
Note on Subsequent Delaware Developments |
|
|
816 | (3) |
|
Extension of the Unocal/Revlon Framework to Negotiated Acquisitions |
|
|
819 | (1) |
|
Omnicare, Inc. v. NCS Healthcare, Inc. |
|
|
819 | (18) |
|
|
837 | (1) |
|
Extension of the Unocal/Revlon Framework to Shareholder Disenfranchisement |
|
|
837 | (1) |
|
Hilton Hotels Corp. v. ITT Corp. |
|
|
837 | (11) |
|
|
848 | (1) |
|
|
848 | (1) |
|
State and Federal Legislation |
|
|
849 | (1) |
|
CTS Corporation v. Dynamics Corporation of America |
|
|
849 | (10) |
|
|
859 | (1) |
|
Notes and Questions on Other State Anti-Takeover Legislation |
|
|
860 | (3) |
|
|
863 | (40) |
|
|
863 | (2) |
|
Debtor's Sale of Substantially All Its Assets |
|
|
865 | (6) |
|
Sharon Steel Corporation v. Chase Manhattan Bank, N.A. |
|
|
865 | (4) |
|
|
869 | (1) |
|
|
869 | (1) |
|
|
870 | (1) |
|
Incurrence of Additional Debt |
|
|
871 | (15) |
|
Metropolitan Life Insurance Company v. RJR Nabisco, Inc. |
|
|
871 | (11) |
|
|
882 | (1) |
|
|
882 | (2) |
|
Negative Pledge Covenant and Cure Period |
|
|
884 | (2) |
|
|
886 | (8) |
|
|
886 | (1) |
|
Katz v. Oak Industries, Inc. |
|
|
886 | (6) |
|
|
892 | (1) |
|
|
893 | (1) |
|
Redemption and Call Protection |
|
|
894 | (9) |
|
Morgan Stanley & Co. v. Archer Daniels Midland Company |
|
|
894 | (6) |
|
|
900 | (1) |
|
|
901 | (1) |
|
|
901 | (2) |
Index |
|
903 | |