Cheff v. Mathes’s Empirical Analysis
1964
Citation profile
19 federal appellate · 6 district · 51 state decisions
How this case has been cited
Cited by 93 later decisions — most recently February 2019 · most notably Aronson v. Lewis (1984), Panter v. Marshall Field & Co. (1981)
19 federal appellate · 6 district · 51 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 30 Del. Ch. 538 - Blish v. Thompson Automatic Arms Corp. · Bennett v. Propp · Graham v. Allis-Chalmers Manufacturing Company · Kors v. Carey · Karasik v. Pacific Eastern Corp.
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 93 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“[I]f the actions of the board were motivated by a sincere belief that the buying out of the dissident stockholder was necessary to maintain what the board believed to be proper business practices, the board will not be held liable for such decision, even though hindsight indicates the decision was not the wisest course. On the other hand, if the board has acted solely or primarily because of the desire to perpetuate themselves in office, the use of corporate funds for such purposes is improper.”
2 later decisions quote this exact passage“"... [I]t is elementary that a holder of a substantial number of shares would expect to receive the control premium as part of his selling price, and if the corporation desired to obtain the stock, it is unreasonable to expect that the corporation could avoid paying what any other purchaser would be required to pay for the stock ...””
2 later decisions quote this exact passage“We must bear in mind the inherent danger in the purchase of shares with corporate funds to remove a threat to corporate policy when a threat to control is involved. The directors are of necessity confronted with a conflict of interest, and an objective decision is difficult.”
1 later decision quote this exact passage
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.