Sellers v. Bancroft’s Empirical Analysis

Citation profile

2 federal appellate · 4 state decisions

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 6 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.

1. ““So long as any Preferred Stock shall remain outstanding, then without the affirmative vote or written consent of the holders of 75% of the shares of Preferred Stock at the time outstanding, the designations, preferences and voting powers of the Preferred Stock, and the restrictions and qualifications thereof, shall not be changed or altered; provided, however, that the par value, dividend rate and redemption price of the Preferred Stock, and the amount payable to the holders thereof in the event of the voluntary or involuntary liquidation, dissolution or winding up of the Corporation, shall not be reduced -without the affirmative vote or written consent of the holders of one hundred per cent (100%) of the shares of Preferred Stock at the time outstanding.””

   1 later decision quote this exact passage
   e.g. 25 Del. Ch. 268 - Sellers v. Joseph Bancroft & Sons Co.

2. ““The Certificate of Incorporation may also contain provisions requiring for any corporate action the vote of a larger proportion of the stock or any class thereof than is required by this Chapter.””

   1 later decision quote this exact passage
   e.g. 24 Del. Ch. 126 - Aldridge v. Franco Wyoming Oil Co.