Legal Opinion
Johnson v. Couturier
Court of Appeals for the Ninth Circuit
Decided July 27, 2009No. 08-17369, 08-17373, 08-17375, 08-17631PublishedCited by 404 opinions
1Opinion of the Court
TALLMAN, Circuit Judge:
In his capacity as president of Noll Manufacturing Company (“Noll”) and its successors, Clair R. Couturier, Jr., together with his fellow directors, diverted almost $35 million of corporate assets — at least a third of the corporation’s value, even in Couturier’s own estimation — to his own possession through the buyout of deferred compensation agreements. Plaintiffs, all of whom are participants in Noll’s employee stock ownership plan (“ESOP”), filed suit against Couturier and two other directors alleging, inter alia, breach of fiduciary duties under the Employee…
2Cases cited31 opinions
- Winter v. Natural Resources Defense Council, Inc.Supreme Court of the United States · 2008
- Shaw v. Delta Air Lines, Inc.Supreme Court of the United States · 1983
- Weinberger v. Romero-BarceloSupreme Court of the United States · 1982
- Mertens v. Hewitt AssociatesSupreme Court of the United States · 1993
- Equal Employment Opportunity Commission v. Waffle House, Inc.Supreme Court of the United States · 2002
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3Cited by404 opinions
- Alliance for Wild Rockies v. CottrellCourt of Appeals for the Ninth Circuit · 2011
- Herb Reed Enterprises, LLC v. Florida Entertainment Management, Inc.Court of Appeals for the Ninth Circuit · 2013
- Diaz v. BrewerCourt of Appeals for the Ninth Circuit · 2011
- Thalheimer v. City of San DiegoCourt of Appeals for the Ninth Circuit · 2011
- Lopez v. CandaeleCourt of Appeals for the Ninth Circuit · 2010
399 more not listed; retrieve them via the Exa API.