noting that “this Court [has] held that if the directors themselves are the alleged wrongdoers, then director demand may be futile”
How later courts described this case
- noting that “this Court [has] held that if the directors themselves are the alleged wrongdoers, then director demand may be futile”
- compiling factors that courts may consider when making an adequacy determination
- “It is undisputed that a policyholder in a mutual company can bring a derivative action on behalf of the mutual company”
Written by the judges who cited it.
The opinion
[EDITORS' NOTE: The chart IS ELECTRONICALLY NON-TRANSFERRABLE.] *Page 828