Legal Opinion

International Brotherhood of Teamsters General Fund v. Fleming Companies, Inc.

Supreme Court of Oklahoma

Decided January 26, 1999No. 90,185PublishedCited by 4 opinions

1Opinion of the CourtSimms, J.

¶ 1 The United States Court of Appeals, Tenth Circuit, John C. Porfilio, Presiding Judge, pursuant to 20 O.S.1991, § 1601, certified to the Oklahoma Supreme Court the following question of law:

Does Oklahoma law [A] restrict the authority to create and implement shareholder rights plans exclusively to the board of directors, or [B] may shareholders propose resolutions requiring that shareholder rights plans be submitted to the shareholders for vote at the succeeding annual meeting?

¶ 2 We answer the first part of the question in the negative and the second part affirmatively. We hold under…

2Cases cited6 opinions

  1. Michelson v. DuncanSupreme Court of Delaware · 1979
  2. Oberly v. KirbySupreme Court of Delaware · 1991
  3. Robert A. Wachsler, Inc., a Connecticut Corporation v. Florafax International, Inc., a Delaware CorporationCourt of Appeals for the Tenth Circuit · 1985
  4. State Ex Rel. Oklahoma Employment SEC. Com. v. Tulsa Flower ExchangeSupreme Court of Oklahoma · 1943
  5. Sumner Coal Mining Co. v. PleasantSupreme Court of Oklahoma · 1926

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

3Cited by4 opinions

  1. General DataComm Industries, Inc. v. State of Wisconsin Investment BoardCourt of Chancery of Delaware · 1999
  2. Gen. Datacomm Indust. v. State Inv. Bd.Court of Chancery of Delaware · 1999
  3. HOWARD and HOWARD v. THE BARRINGTON HOMEOWNERSSupreme Court of Oklahoma · 2026
  4. Haddan v. The Coves Master Association, Inc.Court of Civil Appeals of Oklahoma · 2025

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API