X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Brian M. Lutz and Jason H. Hilborn Brian M. Lutz and Jason H. Hilborn of Gibson, Dunn & Crutcher

The Delaware Court of Chancery recently held in Solak v. Welch, No. 2018-0810-KSJM (Del. Ch. Oct. 30, 2019), that a plaintiff’s letter to a board of directors suggesting the board look into its compensation system constituted a pre-suit demand. The decision reminds Delaware practitioners that if a letter looks like a demand, feels like a demand, and reads like a demand, it’s probably a demand—even if the stockholder plaintiff says otherwise.

This premium content is locked for
Delaware Business Court Insider subscribers only.

*May exclude premium content
Already have an account?
Interested in customizing your subscription with Law.com All Access?
Contact our Sales Professionals at 1-855-808-4530 or send an email to groupsales@alm.com to learn more.

Law Firms Mentioned

 

Lender Liability and Banking LitigationBook

Recommended...This volume explores traditional theories of lender liability along with a whole spate of new statutory and common law theories in a straightforward, wel...

Get More Information
 

America's Claims Executive (ACE) 2020Event

ACE Leadership Forum & Expo is the annual conference for Senior Claims Managers in Insurance organizations.

Get More Information
 

SuperConference 2020Event

SuperConference is the premier forum for informing, advancing and inspiring today s General Counsel from Fortune 1000 Companies.

Get More Information
 

SuperConference 2020Event

SuperConference is the premier forum for informing, advancing and inspiring today s General Counsel from Fortune 1000 Companies.

Get More Information
 

SuperConference 2020Event

SuperConference is the premier forum for informing, advancing and inspiring today s General Counsel from Fortune 1000 Companies.

Get More Information
 

General Counsel Summit (GCS) 2020Event

General Counsel Summit is the premier event for in-house counsel, hosting esteemed legal minds from all sectors of the economy.

Get More Information
 

General Counsel Summit (GCS) 2020Event

General Counsel Summit is the premier event for in-house counsel, hosting esteemed legal minds from all sectors of the economy.

Get More Information
 

General Counsel Summit (GCS) 2020Event

General Counsel Summit is the premier event for in-house counsel, hosting esteemed legal minds from all sectors of the economy.

Get More Information
 

Banking Litigation & Regulation Forum 2020Event

Delivers the key insights and practical solutions to acutely address the complex minefield of UK banking litigation & regulation.

Get More Information
 
 

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.