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About: AP Smith Manufacturing Co. v. Barlow     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : dbo:SupremeCourtOfTheUnitedStatesCase, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)

Type: Supreme Court of the United States case New Facet based on Instances of this Class

AP Smith Manufacturing Co. v. Barlow, 13 N.J. 145, 98 A.2d 581 (N.J. 1953), is a US corporate law case, concerning the application of directors' duties in regard to balancing the interests of different stakeholders. It held that directors may make charitable donations, so long as their personal interests do not conflict, or there is a contravention of state law.