Legal Opinion
Stepak v. Addison
Court of Appeals for the Eleventh Circuit
Decided April 15, 1994No. Nos. 91-8945, 92-8379PublishedCited by 39 opinions
1Opinion of the Court
CARNES, Circuit Judge:-
I. INTRODUCTION
Appellants Barnett Stepak and Roger Mondschein are shareholders of the Southern Company (“Southern”), a major public utility holding company whose subsidiaries provide electricity to consumers in Alabama, Florida, Georgia, and Mississippi. Stepak demanded that the company bring suit to recoup losses allegedly caused by a breach of fiduciary duty by certain directors and officers of Southern and its subsidiaries. After an investigation, Southern’s Board refused the demand. Stepak and Mondschein then filed this derivative suit, with Stepak alleging that the…
2Cases cited27 opinions
- Kamen v. Kemper Financial Services, Inc.Supreme Court of the United States · 1991
- Aronson v. LewisSupreme Court of Delaware · 1984
- Fitzpatrick v. City of AtlantaCourt of Appeals for the Eleventh Circuit · 1993
- Burks v. LaskerSupreme Court of the United States · 1979
- Zapata Corp. v. MaldonadoSupreme Court of Delaware · 1981
22 more not listed; retrieve them via the Exa API.
3Cited by39 opinions
- Grimes v. DonaldSupreme Court of Delaware · 1996
- SunAmerica Corp. v. Sun Life Assurance Co. of CanadaCourt of Appeals for the Eleventh Circuit · 1996
- Richard M. Fogel, as Trustee for the Estate of Madison Management Group, Inc. v. Samuel Zell, Appeal of City and County of DenverCourt of Appeals for the Seventh Circuit · 2000
- John P. Kennedy v. Venrock AssociatesCourt of Appeals for the Seventh Circuit · 2003
- In Re PSE & G Shareholder LitigationSupreme Court of New Jersey · 2002
34 more not listed; retrieve them via the Exa API.