32 Ill. 2d 16 - Galler v. Galler’s Empirical Analysis
1965
Citation profile
12 federal appellate · 60 state decisions
How this case has been cited
Cited by 80 later decisions — most recently March 2021 · most notably Donahue v. Rodd Electrotype Co. of New England, Inc. (1975), 164 W. Va. 241 - Masinter v. Webco Co. (1980)
12 federal appellate · 60 state decisions — followed in 15 states
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 West v. Camden · Schumann-Heink v. Folsom · Higgins v. Lansingh · Clark v. Dodge · Benintendi v. Kenton Hotel, Inc.
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 80 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
““ ° it should be recognized that shareholder agreements e " * are often, as a practical consideration, quite necessary for the protection of those financially interested in the close corporation. While the shareholder of a public-issue corporation may readily sell his shares on the open market should management fail to use, in his opinion, sound business judgment, his counterpart of the close corporation often has a large total of his entire capital invested in the business and has no ready market for his shares should he desire to sell. ° 0 Without a shareholder agreement, specifically enforceable by the courts, insuring him a modicum of control, a large minority shareholder might find himself at the mercy of an oppressive or unknowledgeable majority.””
1 later decision quote this exact passage · from the majority““The power to invalidate the agreements on the grounds of public policy is so far reaching and so easily abused that it should be called into action to set aside or annul the solemn engagement of parties dealing on equal terms only in cases where the corrupt or dangerous tendency clearly and unequivocally appears upon the face of the agreement itself or is the necessary inference from the matters which are expressed 0 ””
1 later decision quote this exact passage · from the majority““There is no reason why mature men should not be able to adapt the statutory form to the structure they want, so long as they do not endanger other stockholders, creditors or the public, or violate a clearly mandatory provision of the corporation laws.” (Emphasis added.)”
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.