Delaware law provides important tools for directors to maintain control of derivative lawsuits.1 One such tool is the “demand requirement” embodied in Court of Chancery Rule 23.1, which requires that before a stockholder acts...more
5/8/2017
/ Acquisitions ,
Board of Directors ,
Breach of Duty ,
Controlling Stockholders ,
DE Supreme Court ,
Demand Futility ,
Derivative Suit ,
Dismissals ,
Fiduciary Duty ,
Independent Directors ,
Listing Standards ,
Pleading Standards ,
Shareholder Litigation ,
Stock Exchange ,
Stock Repurchases ,
Totality of Circumstances Test