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Unocal v. Mesa Petroleum Co.
URI:
https://gptkb.org/entity/Unocal_v._Mesa_Petroleum_Co.
GPTKB entity
Statements (22)
Predicate
Object
gptkbp:instanceOf
gptkb:law
gptkbp:citation
493 A.2d 946 (Del. 1985)
gptkbp:country
gptkb:United_States
gptkbp:createdDoctrine
Unocal test
gptkbp:date
1985
gptkbp:defendant
gptkb:Mesa_Petroleum_Co.
gptkbp:fullName
gptkb:Unocal_Corporation_v._Mesa_Petroleum_Co.
gptkbp:heldBy
Boards of directors may take defensive measures against hostile takeovers if they show reasonable grounds for believing a threat exists and their response is proportional.
https://www.w3.org/2000/01/rdf-schema#label
Unocal v. Mesa Petroleum Co.
gptkbp:judge
gptkb:Delaware_Supreme_Court
gptkb:Justice_Andrew_G.T._Moore_II
gptkbp:jurisdiction
gptkb:Delaware
gptkbp:legalSubject
gptkb:business_judgment_rule
corporate law
takeover defenses
gptkbp:plaintiff
gptkb:Unocal_Corporation
gptkbp:relatedTo
gptkb:Paramount_Communications,_Inc._v._Time_Inc.
gptkb:Revlon,_Inc._v._MacAndrews_&_Forbes_Holdings,_Inc.
gptkb:Unitrin,_Inc._v._American_General_Corp.
gptkbp:significance
Landmark case on directors' duties in the context of hostile takeovers
gptkbp:bfsParent
gptkb:Unocal
gptkbp:bfsLayer
6