McDaniel v. Painter’s Empirical Analysis
418 F.2d 545 · 1969
Citation profile
18 federal appellate · 5 district · 10 state decisions
How this case has been cited
Cited by 48 later decisions — most recently September 2011 · most notably Glass v. Glass (1984), Treadway Companies, Inc. v. Care Corp. (1980)
18 federal appellate · 5 district · 10 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 Erie Co v. Tompkins · Pepper v. Litton · Southern Pac Co v. Bogert · Gold-Washing and Water Company v. Keyes · Zahn v. Transamerica 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 48 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“it is generally recognized that majority stock is more valuable than minority stock,”
3 later decisions quote this exact passage · from the majority“A limited partner is like a shareholder in a corporation. A stockholder, even a dominant or majority stockholder, does not become a fiduciary to other stockholders “by reason of mere ownership of stock.” A fiduciary responsibility develops only when the stockholder takes a role in corporate management and acts to dominate, interfere with or mislead other stockholders in exercising their rights.”
2 later decisions quote this exact passage · from the majority“if the circumstances surrounding the proposed transfer would alert suspicion in a prudent man that the purchasers are an irresponsible group who will mismanage and loot the corporate assets.”
2 later decisions 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.