Logourl black
From our private database of 12,700+ case briefs...

Gall v. Exxon Corp.

U.S. District Court, Southern District of New York
418 F. Supp. 508 (1976)


Facts

In 1975 Exxon Corporation’s board of directors established a special committee to determine what action to take on allegations that Exxon paid $59 million in corporate funds as bribes or political payments to Italian political parties and others. The special committee investigated the matter, and uncovered millions of dollars of secret payments and political contributions. The special committee unanimously determined that it would be contrary to the interests of Exxon and its shareholders to maintain legal actions against any present or former Exxon director, and authorized Exxon officers to seek dismissal of shareholder derivative actions that had been instituted. In the current action, brought by shareholder Gall (plaintiff), Exxon (defendant) has moved for summary judgment dismissal of the complaint based on the special committee’s determination.

Rule of Law

The rule of law is the black letter law upon which the court rested its decision. To access this section, start your 7-day free trial of Quimbee for Law Students.

Issue

The issue section includes the dispositive legal issue in the case phrased as a question. To access this section, start your 7-day free trial of Quimbee for Law Students.

Holding and Reasoning (Carter, J.)

The holding and reasoning section includes:

  • A “yes” or “no” answer to the question framed in the issue section;
  • A summary of the majority or plurality opinion, using the CREAC method; and
  • The procedural disposition (e.g. reversed and remanded, affirmed, etc.).

To access this section, start your 7-day free trial of Quimbee for Law Students.

What to do next…

  1. Unlock this case brief with a free (no-commitment) trial membership of Quimbee.

    You’ll be in good company: Quimbee is one of the most widely used and trusted sites for law students, serving more than 97,000 law students since 2011. Some law schools—such as Yale, Vanderbilt, Berkeley, and the University of Illinois—even subscribe directly to Quimbee for all their law students. Read our student testimonials.

  2. Learn more about Quimbee’s unique (and proven) approach to achieving great grades at law school.

    Quimbee is a company hell-bent on one thing: helping you get an “A” in every course you take in law school, so you can graduate at the top of your class and get a high-paying law job. We’re not just a study aid for law students; we’re the study aid for law students. Read more about Quimbee.

Here's why 121,000 law students have relied on our case briefs:

  • Written by law professors and practitioners, not other law students. 12,700 briefs, keyed to 172 casebooks. Top-notch customer support.
  • The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
  • Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
  • Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.