Type: Articles Published
The Delaware Court of Chancery recently set forth, in Pfeiffer v. Leedle, C.A. No. 7831-VCP (Del. Ch. Nov. 8, 2013), a clear explanation of when, in connection with a derivative claim made on behalf of a Delaware corporation, presuit demand upon that corporation's board of directors will be excused.
For more information, please visit the Delaware Business Court Insider.