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United Food’s “New” Delaware Demand Futility Test: The More Things Change, the More They Stay the Same

On September 23, 2021, in United Food and Commercial Workers Union v. Zuckerberg et al., the Delaware Supreme Court restated and refined the demand futility test for bringing shareholder derivative claims when it affirmed the...more

9/28/2021  /  Board of Directors , Breach of Duty , CEOs , DE Supreme Court , Demand Futility , Derivative Suit , Dismissals , Facebook , Fiduciary Duty , Shareholder Litigation
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