Del. Supreme Court Overrules Prior Shareholder Rights Decision
Appraisal Rights
SEPTEMBER 20, 2021
When can an investor bring an action against corporate directors and officers directly – i.e., on behalf of the investor herself, rather than derivatively, i.e., on behalf of the company? In a September 20, 2021, decision , the Delaware Supreme Court clarified a split in authority over whether corporate overpayment claims are direct or derivative by overruling a prior precedent – Gentile v.
Let's personalize your content