Legal Opinion
Grill v. Hoblitzell
District Court, D. Maryland
Decided May 29, 1991No. Civ. JFM-90-2234PublishedCited by 11 opinions
1Opinion of the Court
MEMORANDUM
MOTZ, District Judge.
This is a shareholder derivative action brought by Max Grill against the current and former members of the board of directors of MNC Financial, Inc. (“MNC”). Plaintiff alleges that the defendants committed various acts or omissions constituting waste and mismanagement, including permitting MNC to make a “perilously high” percentage of real estate loans, authorizing loans with incomplete documentation and inadequate credit analyses and failing to maintain adequate loan loss reserves. 1 Defendants have moved to dismiss on the ground that plaintiff has failed to…
2Cases cited14 opinions
- Kamen v. Kemper Financial Services, Inc.Supreme Court of the United States · 1991
- Aronson v. LewisSupreme Court of Delaware · 1984
- United Copper Securities Co. v. Amalgamated Copper Co.Supreme Court of the United States · 1917
- Parish v. Maryland & Virginia Milk Producers Ass'nCourt of Appeals of Maryland · 1968
- McQuillen v. National Cash Register Co.Court of Appeals for the Fourth Circuit · 1940
9 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- In Re Ferro Corp. Derivative LitigationCourt of Appeals for the Sixth Circuit · 2008
- Werbowsky v. CollombCourt of Appeals of Maryland · 2001
- Strougo Ex Rel. Brazil Fund, Inc. v. Scudder, Stevens & Clark, Inc.District Court, S.D. New York · 1997
- Matter of Prudential Ins. Co. Litig.New Jersey Superior Court Appellate Division · 1995
- Drage v. Procter & GambleOhio Court of Appeals · 1997
6 more not listed; retrieve them via the Exa API.