Shenker v. Laureate Education, Inc.
Court of Appeals of Maryland
1Opinion of the CourtHarrell, J.
This case is about certain modalities of accountability in a corporate business setting.
Petitioners are shareholders 1 of Laureate Education, Inc. (“Laureate”), a successful publicly-held Maryland corporation headquartered in Baltimore. Laureate’s primary business is licensing its educational technology overseas and acquiring management interests in foreign colleges and universities. During 2006 and 2007, Laureate underwent a private acquisition process whereby certain members of Laureate’s Board of Directors, namely, Board Respondents Douglas L. Becker and R. Christopher Hoehn-Saric, and…
2Cases cited36 opinions
- Cohen v. Beneficial Industrial Loan Corp.Supreme Court of the United States · 1949
- Tooley v. Donaldson, Lufkin, & Jenrette, Inc.Supreme Court of Delaware · 2004
- Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc.Supreme Court of Delaware · 1986
- Lloyd v. General Motors Corp.Court of Appeals of Maryland · 2007
- Taylor v. NationsBank, N.A.Court of Appeals of Maryland · 2001
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3Cited by71 opinions
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- State v. JohnsonCourt of Appeals of Maryland · 2010
- Rounds v. Maryland-National Capital Park & Planning CommissionCourt of Appeals of Maryland · 2015
- Windesheim v. LaroccaCourt of Appeals of Maryland · 2015
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