Recently, in the decision of Feuer v. Redstone, (Del. Ch. Apr. 19, 2018), the Delaware Court of Chancery considered a motion to dismiss brought in response to a derivative
Continue Reading Corporate Waste Claim Survives Motion to Dismiss
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Chancery Denies Derivative Action for Failure to Plead Demand Futility
By Fox Rothschild LLP on
Under Delaware law, if a shareholder requests that a company pursue litigation, the decision whether to pursue litigation on behalf of the company generally resides with the board as an…
Continue Reading Chancery Denies Derivative Action for Failure to Plead Demand Futility