Matthew F Lintner

Matthew F Lintner

November 06, 2019 | Delaware Business Court Insider

Recent Cases Emphasize the Holistic Evaluation of Director Independence in the Demand Futility Context

Delaware law has long recognized that significant personal or professional ties to a party who would be a defendant in the prospective derivative claim, like a conflicted controlling stockholder, is grounds for finding a director lacks independence.

By Albert J. Carroll and Matthew F. Lintner

6 minute read