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Court Of Chancery Upholds Waste Claims

Posted In Fiduciary Duty

R.A. Feuer v. Redstone, C.A. 12575-CB (April 19, 2018)

This decision involves the rare case where a waste claim is well plead. As a result, the directors who gave away company money are sufficiently exposed to liability that demand upon them to bring the suit is excused.

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