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Listing Standards › Demand Futility › Dismissals

Skadden, Arps, Slate, Meagher & Flom LLP

"Delaware Supreme Court Examines Director Disinterestedness, Independence"

Skadden, Arps, Slate, Meagher & Flom LLP on

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

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