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TQ 8.2: According to the discussion in Eisenberg v. Flying Tiger Line, Inc. , how would you classify the following cases? Are they derivative or
TQ 8.2: According to the discussion in Eisenberg v. Flying Tiger Line, Inc., how would you classify the following cases? Are they derivative or direct suits? Why?
- Roberts sues the directors of Bubba's Burritos, Inc., because they failed to permit him to inspect the corporate books and records
- b) The articles of Bubba's Burritos, Inc. provide that the corporation will "operate restaurants featuring burritos and related food and beverage products." Shepherd learns that the directors plan to enter a contract with Chad & Associates to go into the voting machine business. He sues to enjoin the corporation from engaging in this ultra vires activity
- c) Roberts sues the directors of Bubba's Burritos, Inc. for wasting corporate assets by paying themselves huge bonuses.
- d) Shepherd sues the directors of Bubba's Burritos, Inc. for usurping corporate opportunities
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