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director liability under § 5239

Definitions from Case Law · United States Supreme Court

Definitions from Case Law

From 206 U.S. 158 - Yates v. Jones National Bank · 1907Most cited · 204 citing opinions

Section 5239 affords the exclusive rule by which to measure the right to recover damages from directors, based upon a loss alleged to have resulted solely from the violation by such directors of a duty expressly imposed upon them by a provision of the act. ... the violation must in effect be intentional.

How often courts cite the case defining “director liability under § 5239”

19001920194019601980200060

Court decisions citing the opinion that defined “director liability under § 5239” — 204 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.