Legal Opinion

Menezes v. WL ROSS & CO. LLC

Court of Appeals of South Carolina

Decided March 23, 2011No. 4810PublishedCited by 4 opinions

1Opinion of the CourtKonduros, J.

W.L. Ross & Co., LLC (WLR) and several of its board members (Appellants)1 appeal the circuit court’s striking of two of their defenses and dismissal of their counterclaim in the direct shareholder lawsuit filed by Brian Menezes. We reverse and remand.

FACTS/PROCEDURAL BACKGROUND

Safety Components International, Inc. (SCI) was a publicly traded Delaware corporation with its headquarters in South *586Carolina. SCI was in the business of designing and manufacturing airbag fabric and airbag cushions. From 1999 to 2006, Menezes was employed by SCI as Chief Financial Officer, and for a time, interim…

2Cases cited13 opinions

  1. Kahn v. Seaboard Corp.Court of Chancery of Delaware · 1993
  2. Elster v. American AirlinesCourt of Chancery of Delaware · 1953
  3. Dofflemyer v. W.F. Hall Printing Co.District Court, D. Delaware · 1983
  4. Seidel v. LeeDistrict Court, D. Delaware · 1996
  5. In Re Exxon Mobil Corp. Securities LitigationDistrict Court, D. New Jersey · 2005

8 more not listed; retrieve them via the Exa API.

3Cited by4 opinions

  1. Anderson v. Cordell (In re Infinity Business Group, Inc.)United States Bankruptcy Court, D. South Carolina · 2013
  2. Menezes v. WL Ross & Co.Supreme Court of South Carolina · 2013
  3. Vieira v. Hill (In re KNH Aviation Services, Inc.)United States Bankruptcy Court, D. South Carolina · 2016
  4. Menezes v. WL ROSS & CO. LLCCourt of Appeals of South Carolina · 2011

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