Simpson Thacher Attorneys Author Article on Derivative Stockholder Litigation in Delaware Courts
12.02.21
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Partners Stephen Blake, Jonathan Youngwood, Craig Waldman, Peter Kazanoff, Linton Mann and Michael Garvey authored an article titled, “Recent Delaware Derivative Stockholder Litigation Developments,” which was published by the Harvard Law School Forum on Corporate Governance. The article explores two recent Delaware Supreme Court opinions that reexamine the standards governing the ability of stockholders to pursue derivative claims in the name of the company against corporate directors and officers. The article further highlights recent decisions from the Delaware Chancery Court that continue to explore “Caremark claims” brought against corporate boards for failure of the duty of oversight in connection with negative corporate events.
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