Zapata Corp. v. Maldonado: "Steering a Middle Course" May Spell Deep Water for BusinessJudgment Application in Shareholder Derivative Suits

Authors

Kenneth A. Rubin

Abstract

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

suits.

Recommended Citation

Rubin, Kenneth A. (1981) "Zapata Corp. v. Maldonado: "Steering a Middle Course" May Spell Deep Water for BusinessJudgment Application in Shareholder Derivative Suits," Nova Law Review: Vol. 6: Iss. 1, Article 11.
Available at: https://nsuworks.nova.edu/nlr/vol6/iss1/11