02Jul
Delaware Supreme Court Reverses Dismissal of Caremark Claim, Finding Lack of Board-Level Oversight and Director Independence
In Marchand v. Barnhill et al. (“Blue Bell”),1 the Delaware Supreme Court on June 19 unanimously reversed the dismissal of a shareholder derivative lawsuit against the members of the board of directors and two officers of Blue Bell Creameries USA,...
By:
Dechert LLP
Source Url: https://www.jdsupra.com/legalnews/delaware-supreme-court-reverses-17103/
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