Document Type
Article
Publication Date
1983
ISSN
0091-4029
Publisher
Hofstra University School of Law
Language
en-US
Abstract
This article examines the demand shareholders must make on a corporation's board of directors prior to bringing a derivative suit. The article is divided into two parts. The first part analyzes the nature of the demand requirement and its implications generally. The second part evaluates the demand requirement in a narrow federal statutory context: section 36(b) of the Investment Company Act of 1940.
Recommended Citation
Tamar Frankel,
The Power Struggle Between Shareholders and Directors: The Demand Requirement in Derivative Suits
,
in
12
Hofstra Law Review
39
(1983).
Available at:
https://scholarship.law.bu.edu/faculty_scholarship/944