Legal Opinion
Granada Investments, Inc. v. DWG Corp.
District Court, N.D. Ohio
Decided April 26, 1993No. 1:89CV0641, 1:92CV1164 and 1:92CV1206PublishedCited by 9 opinions
1Opinion of the Court
MEMORANDUM OPINION
LAMBROS, Chief Judge.
Corporate governance, the principles of fiduciary responsibility, fiduciary duty and ethical corporate management, are the essence of this case and opinion. This opinion states the rationale for approval and dismissal of the claims in these actions for class, derivative, and declaratory relief and for equitable enforcement of the February 12,1991 consent decree between Victor Posner, DWG Corporation, and its shareholders.
The 1991 consent decree mandated a democratic process of corporate governance within DWG. The paramount feature of the 1991 consent…
2Cases cited29 opinions
- Cort v. AshSupreme Court of the United States · 1975
- J. I. Case Co. v. BorakSupreme Court of the United States · 1964
- Santa Fe Industries, Inc. v. GreenSupreme Court of the United States · 1977
- Cotton v. HintonCourt of Appeals for the Fifth Circuit · 1977
- Fed. Sec. L. Rep. P 98,860 Athalie Doris Joy v. Nelson L. North, Nelson L. NorthCourt of Appeals for the Second Circuit · 1982
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3Cited by9 opinions
- Koos v. Central Ohio Cellular, Inc.Ohio Court of Appeals · 1994
- Karcich v. StuartDistrict Court, E.D. Pennsylvania · 2000
- In re Broadwing, Inc. Erisa LitigationDistrict Court, S.D. Ohio · 2006
- In Re DalenUnited States Bankruptcy Court, W.D. Michigan · 2001
- In Re National Century Financial Enterprises, Inc.District Court, S.D. Ohio · 2007
4 more not listed; retrieve them via the Exa API.