Legal Opinion
Gries Sports Enterprises, Inc. v. Cleveland Browns Football Co.
Ohio Supreme Court
Decided August 20, 1986No. 85-704PublishedCited by 38 opinions
1Opinion of the CourtWise, J.
The issue to be decided by this court is whether or not the record contains any competent, credible evidence which supports the findings of the trial court that the board of directors of the Browns could not successfully claim the protection of the business judgment rule and, therefore, with the presumption stripped away, whether the evidence supports the finding of the trial court that the acquisition of CSC was not intrinsically fair to the corporation and its minority shareholders.
The other issue to be considered is whether or not the trial court erred in not compelling GSE’s and Gries’…
2Cases cited19 opinions
- Aronson v. LewisSupreme Court of Delaware · 1984
- Watts v. IndianaSupreme Court of the United States · 1949
- Weinberger v. UOP, Inc.Supreme Court of Delaware · 1983
- Unocal Corp. v. Mesa Petroleum Co.Supreme Court of Delaware · 1985
- Sinclair Oil Corporation v. LevienSupreme Court of Delaware · 1971
14 more not listed; retrieve them via the Exa API.
3Cited by38 opinions
- Koos v. Central Ohio Cellular, Inc.Ohio Court of Appeals · 1994
- Master Consolidated Corp. v. BancOhio National BankOhio Supreme Court · 1991
- Cuker v. MikalauskasSupreme Court of Pennsylvania · 1997
- Thompson v. Central Ohio Cellular, Inc.Ohio Court of Appeals · 1994
- In Re National Century Financial Enterprises, Inc.District Court, S.D. Ohio · 2007
33 more not listed; retrieve them via the Exa API.