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Business Associations Keyed to Bainbridge
In re Investors Bancorp, Inc. Stockholder Litig.
Citation:
177 A.3d 1208 (Del. 2017)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:
The defendants are ten non-employee director defendants and two executive director defendants. The board of Investors Bancorp, Inc., a holding company for Investors Bank, sets director compensation based on recommendations of the Compensation and Benefits Committee. In 2014, the non-employee directors were compensated. At the end of 2014, the Committee met to review 2014 director compensation. The study showed that the companies paid their non-employee directors an average of $157,350 in total compensation. Just a few months after setting the 2015 board compensation, the board proposed the 2015 Employee Incentive Plan (EIP). The board awarded themselves 7.8 million shares. Non-employee directors each received 250,000 stock options – valued at $780,000. Peer companies’ non-employee awards averaged $175,817. Stockholders alleged that the awards were too excessive.
- 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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