Legal Opinion
Wood v. Baum
Supreme Court of Delaware
Decided July 1, 2008No. 621, 2007PublishedCited by 212 opinions
1Opinion of the Court
JACOBS, Justice.
Paddy Wood, the plaintiff below, appeals from the dismissal by the Court of Chancery of her derivative action on behalf of Municipal Mortgage & Equity, LLC (“MME”). For the reasons set forth, we affirm.
FACTS
MME, a Delaware limited liability company with its principal place of business in Baltimore, Maryland, “provides debt and equity financing to various parties, invests in tax-exempt bonds and other housing-related debt and equity investments, and is a tax credit syndicator that acquires and transfers low-income housing tax credits.” MME has a ten-member Board of directors,…
2Cases cited16 opinions
- Aronson v. LewisSupreme Court of Delaware · 1984
- Brehm v. EisnerSupreme Court of Delaware · 2000
- Rales v. Blasband Ex Rel. Easco Hand Tools, Inc.Supreme Court of Delaware · 1993
- Malpiede v. TownsonSupreme Court of Delaware · 2001
- Stone v. RitterSupreme Court of Delaware · 2006
11 more not listed; retrieve them via the Exa API.
3Cited by212 opinions
- In Re Citigroup Inc. Shareholder Derivative LitigationCourt of Chancery of Delaware · 2009
- RBC Capital Markets, LLC v. JervisSupreme Court of Delaware · 2015
- South ex rel. Hecla Mining Co. v. BakerCourt of Chancery of Delaware · 2012
- Delaware County Employees Retirement Fund v. SanchezSupreme Court of Delaware · 2015
- Teamsters Union 25 Health Services & Insurance Plan v. Gavin BaieraCourt of Chancery of Delaware · 2015
207 more not listed; retrieve them via the Exa API.