From our private database of 14,200+ case briefs...
Great Lakes Chemical Corporation v. Monsanto Company
United States District Court for the District of Delaware
96 F.Supp.2d 376 (2000)
Great Lakes Chemical Corporation (plaintiff) purchased NSC Technologies Company LLC (NSC) from Monsanto Company (defendant) in 1999. NSC continued to be controlled by its board, but Great Lakes was permitted to remove any member of the board without cause. The following year, Great Lakes filed suit against Monsanto, arguing that Monsanto failed to disclose certain aspects of NSC, in violation of the Securities Exchange Act of 1934. Monsanto moved to dismiss the claim based on the fact that NSC was not a security under the Securities Act of 1933.
Rule of Law
Holding and Reasoning (McKlevie, D.J.)
What to do next…
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.
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 236,000 law students have relied on our case briefs:
- Written by law professors and practitioners, not other law students. 14,200 briefs, keyed to 189 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.