Court of Chancery of Delaware
Superior Vision Servs., Inc. v. Reliastar Life Ins. Co., 1668-N
A significant shareholder, who exercises a duly-obtained contractual right that somehow limits or restricts the actions that a corporation otherwise would take, does not become, without more, a "controlling shareholder" for that particular purpose, and consequently, is not bound by fiduciary obligations.
Appellate Information
- Decided 08/25/2006
- Published 09/07/2006
Judges
Court
- Court of Chancery of Delaware