Hofstra University School of Law
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.
The Power Struggle Between Shareholders and Directors: The Demand Requirement in Derivative Suits
Hofstra Law Review
Available at: https://scholarship.law.bu.edu/faculty_scholarship/944