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Corporations Keyed to O’Kelley
Amalgamated Bank v. Yahoo! Inc.
Citation:
132 A.3d 752 (2016)Only StudyBuddy Pro offers the complete Case Brief Anatomy*
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*Case Brief Anatomy includes: Brief Prologue, Complete Case Brief, Brief Epilogue
- The Brief Prologue provides necessary case brief introductory information and includes:
- Topic: Identifies the topic of law and where this case fits within your course outline.
- Parties: Identifies the cast of characters involved in the case.
- Procedural Posture & History: Shares the case history with how lower courts have ruled on the matter.
- Case Key Terms, Acts, Doctrines, etc.: A case specific Legal Term Dictionary.
- Case Doctrines, Acts, Statutes, Amendments and Treatises: Identifies and Defines Legal Authority used in this case.
- The Case Brief is the complete case summarized and authored in the traditional Law School I.R.A.C. format. The Pro case brief includes:
- Brief Facts: A Synopsis of the Facts of the case.
- Rule of Law: Identifies the Legal Principle the Court used in deciding the case.
- Facts: What are the factual circumstances that gave rise to the civil or criminal case? What is the relationship of the Parties that are involved in the case. Review the Facts of this case here:
On October 15, 2012, de Castro executed the offer letter and Yahoo issued a press release announcing the hiring of de Castro. On November 12, 2012 de Castro started at Yahoo. His pay package for the first year was $39.2 million, making him the eighth-highest paid executive in Silicon Valley. De Castro, however, did not perform. In every quarter after he started, Yahoo’s advertising revenue declined. He did not get along well with Yahoo department. Within a year of hiring him, Mayer personally took control of de Castro’s advertising team. On February 4, 2014, the Committee met for the first time since de Castro’s termination. Mayer explained the de Castro had not achieved his revenue or operational objectives. Overall he had not performed the desired level. The committee decided not to award de Castro a bonus under the executive incentive plan. On April 16, 2014, in the proxy statement for its annual meeting, Yahoo disclosed to its stockholders that de Castro had been terminated without cause, triggering $59.96 million in severance. De Castro’s actual severance payout was nearly $60 million. On February 24, 2014, Amalgamated served a demand on Yahoo for books and records, contending that it had a legally recognized purpose for exploring these matters.
- Issue(s): Lists the Questions of Law that are raised by the Facts of the case.
- Holding: Shares the Court's answer to the legal questions raised in the issue.
- Concurring / Dissenting Opinions: Includes valuable concurring or dissenting opinions and their key points.
- Reasoning and Analysis: Identifies the chain of argument(s) which led the judges to rule as they did.
- The Brief Prologue closes the case brief with important forward-looking discussion and includes:
- Policy: Identifies the Policy if any that has been established by the case.
- Court Direction: Shares where the Court went from here for this case.
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