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Delaware Court of Chancery Excuses Pre-Suit Demand for Derivative Complaint Alleging Wasteful Compensation
Thomson Reuters Practical Law 
Apr. 30, 2018 "The Delaware Court of Chancery held ... that a stockholder plaintiff was excused from making a pre-suit demand on the board to pursue his claims that certain compensation payments made to the executive chairman were excessive, because the allegations exposed the board to liability for waste of corporate assets." [Feuer v. Redstone, No. 12575-CB (Del. Ch. Apr. 19, 2018)] MORE >> |
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