Legal Opinion

Eshleman v. Keenan

Court of Chancery of Delaware

Decided October 30, 1935PublishedCited by 5 opinions

1Opinion of the Court

The Chancellor:

The bill is one in which the complainants assert a derivative right to maintain a complaint in behalf of their corporation. What they seek to recover is not something personal to themselves, but something that belongs to the corporation and only indirectly inures to their benefit.

The proposed addition to the answer raises a question of whether it is material to the right of the complainants to the relief, to show that they are actuated by the motives indicated in the proposed amendment. In the case of Forrest v. Manchester, Sheffield and Lincolnshire Ry. Co., 4 deG., F. & J.…

2Cases cited1 opinion

  1. Hodge v. United States Steel Corp.New Jersey Court of Chancery · 1902

3Cited by5 opinions

  1. Pergament v. FrazerDistrict Court, E.D. Michigan · 1950
  2. Gans v. Delaware Terminal Corp.Court of Chancery of Delaware · 1938
  3. Millstein v. Arcade Cafeteria, Inc.Court of Chancery of Delaware · 1938
  4. Overfield v. Pennroad CorporationCourt of Appeals for the Third Circuit · 1944
  5. Overfield v. Pennroad CorporationCourt of Appeals for the Third Circuit · 1944

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