In an attempt to strike a balance between the rights of an individual
shareholder in his efforts to protect the corporation, and the rights
of the board of directors to control the litigation in which the corporation
is involved, the Supreme Court of Delaware, in Zapata Corp. v.
Maldonado," developed a new set of game plans for shareholder derivative
Rubin, Kenneth A.
"Zapata Corp. v. Maldonado: "Steering a Middle Course" May Spell Deep Water for BusinessJudgment Application in Shareholder Derivative Suits,"
Nova Law Review: Vol. 6
, Article 11.
Available at: http://nsuworks.nova.edu/nlr/vol6/iss1/11