CORPORATIONS - INJUNCTIVE RELIEF AGAINST CORPORATE ACTION WHICH REQUIRES UNANIMOUS APPROVAL

Authors

Abstract

A bill for an injunction to prevent the submission, at a stockholders' meeting, of a corporate by-law providing for extra dividends on stock owned by officers and employees, was maintained, on the ground that the proposed move was illegal and unauthorized by statute. Scott v. P. Lorillard Co. (N. J. Eq. 1931) 154 Atl. 515.

Recommended Citation

CORPORATIONS - INJUNCTIVE RELIEF AGAINST CORPORATE ACTION WHICH REQUIRES UNANIMOUS APPROVAL, 30 Mich. L. Rev. 303 (1931).
Available at: https://repository.law.umich.edu/mlr/vol30/iss2/19