Legal Opinion
Bird v. Lida, Inc.
Court of Chancery of Delaware
Decided April 5, 1996No. Civil Action 14486PublishedCited by 26 opinions
1Opinion of the Court
Opinion
ALLEN, Chancellor.
Presented is a motion to dismiss a shareholder’s complaint seeking an order requiring his corporation to pay his attorney a fee. Plaintiff is James Bird, a shareholder of Lida, Inc., a Delaware corporation. His complaint alleges that the effort of Mr. Bird’s legal counsel has directly lead to the conferring of a substantial, quantifiable financial benefit upon the corporation. According to the complaint, the benefit was conferred by investigation and analysis of a possible claim against certain directors of the company arising from leases between the company and…
2Cases cited16 opinions
- McMahon v. New Castle AssociatesCourt of Chancery of Delaware · 1987
- Chrysler Corporation v. DannSupreme Court of Delaware · 1966
- Tandycrafts, Inc. v. Initio PartnersSupreme Court of Delaware · 1989
- Harman v. Masoneilan International, Inc.Supreme Court of Delaware · 1982
- Danby v. Osteopathic Hospital Ass'n of DelawareSupreme Court of Delaware · 1954
11 more not listed; retrieve them via the Exa API.
3Cited by26 opinions
- Desimone v. BarrowsCourt of Chancery of Delaware · 2007
- Hamilton Partners, L.P. v. EnglardCourt of Chancery of Delaware · 2010
- In re Sauer-Danfoss Inc. Shareholders LitigationCourt of Chancery of Delaware · 2011
- In Re Cox Communications, Inc. Shareholders LitigationCourt of Chancery of Delaware · 2005
- In Re Revlon, Inc. Shareholders LitigationCourt of Chancery of Delaware · 2010
21 more not listed; retrieve them via the Exa API.