Search for: ""Mills v. Electric Auto-Lite Co." OR "396 U.S. 375"" Results 1 - 2 of 2
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14 Nov 2014, 1:22 pm by Mack Sperling
Electric Auto-Lite Co., 396 U.S. 375 (1970) that: [A] substantial benefit must be something more than technical in its consequence and be one that accomplishes a result which corrects or prevents an abuse which would be prejudicial to the rights and interests of the corporation or affect the enjoyment or protection of an essential right to the stockholder’s interest. [read post]