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Moran v. Household International, Inc.
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Moran v. Household International, Inc. : ウィキペディア英語版
Moran v. Household International, Inc.

''Moran v. Household International, Inc.'', 500 A.2d 1346 (Del. 1985) is a decision of the Delaware Supreme Court that upheld a shareholder rights plan (also known as a "poison pill") as a legitimate exercise of business judgment by Household International's board of directors.〔500 A.2d at 1348 ("In a detailed opinion, the Court of Chancery upheld the Rights Plan as a legitimate exercise of business judgment by Household. Moran v. Household International, Inc., Del.Ch., 490 A.2d 1059 (1985). We agree, and therefore, affirm the judgment below.")〕 ''Moran'' is significant as the first case in which a U.S. state court upheld a shareholder rights plan. 〔L. Bebchuk and A. Ferrell, Symposium: Federalism and Corporate Law: The Race to Protect Managers from Takeovers, 99 Colum. L. Rev. 1168 (1999) at 1179.〕
==Background==


抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
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