← All Authorities
United States

Burks v. Lasker

441 U.S. 471 (1979)
JurisdictionUnited States
Year1979
Statusunclear

Key Principle

State law governs whether a disinterested board committee may terminate a shareholder derivative suit, provided the state law is consistent with the policies of the federal securities and investment company acts.

Area of Law

company, commercial

Related Cases

Glossip v Oklahoma 604 U.S. 226 (2025)
Cunningham v. Cornell 604 U.S. 693 (2025)
Smith & Wesson Brands, Inc. v. Estados Unidos Mexicanos 605 U. S. 280 (2025)

Ask CommonBench about this case

Get a detailed analysis of Burks v. Lasker and how it applies to your situation.

Explain Burks v. Lasker