substantial benefit
Definitions from Case Law · United States Supreme Court
Definitions from Case Law
From 396 U.S. 375 - Mills v. Electric Auto-Lite Co. · 1970Most cited · 3,896 citing opinions
a substantial benefit must be something more than technical in its consequence and be one that accomplishes a result which corrects or prevents an abuse which would be prejudicial to the rights and interests of the corporation or affect the enjoyment or protection of an essential right to the stockholder's interest
How often courts cite the case defining “substantial benefit”
Court decisions citing the opinion that defined “substantial benefit” — 3,880 in all, by decade. Counts are citations to the defining case as a whole, not verified uses of the term. The dip in the most recent years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the latest years.