Ashman v. Miller’s Empirical Analysis
101 F.2d 85 · 1939
Citation profile
10 federal appellate · 2 district · 3 state decisions
How this case has been cited
Cited by 29 later decisions — most recently January 2002 · most notably Seagrave Corp. v. Mount (1954), Gaff v. Federal Deposit Insurance (1987)
10 federal appellate · 2 district · 3 state decisions
Later decisions citing this case, by decade. The current decade is in progress, and our corpus holds fewer opinions from the most recent years, so the latest bars are undercounted — not a real decline.
Relationships
Relies on Irving Trust Co. v. Deutsch · Trice v. Comstock · Thomas v. Matthews · In re the Receivership of International Radiator Co. · McCourt v. Singers-Bigger
Most-quoted passages
The sentences later courts lift from this opinion, ranked by how many decisions quote each — the parts of the opinion doing the work. These counts are smaller than the citation total above because most of the 29 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“[m]eans that the funds and property of the company shall not be used for the purchase of shares of its capital stock when the value of its assets is less than the aggregate amount of all of the shares of its capital stock outstanding. Ashman v. Miller, 101 F.2d 85, 90 (6th Cir. 1989) (construing Section 19 of the General Corporation Act of Delaware, predecessor provision to Section 160).”
5 later decisions quote this exact passage · from the majority“It is too plain for citation of authority that a director of a corporation cannot barter or sell his official discretion or enter into any contract whatever that will in any way restrict or limit the free exercise of his judgment and discretion in his official capacity, nor can he place himself under any direct and powerful inducement to disregard his duty to the corporation and its stockholders in the management of corporate affairs.”
1 later decision quote this exact passage · from the majority
How this case has been treated — in progress
Whether each later court followed, distinguished, criticized, or overruled this decision. The treatment classification (task #35) runs highest-cited cases first and lights up here as it reaches this one.