Melvyn Zupnick v. Roberto C. Goizueta Book Reviews
Melvyn Zupnick v. Roberto C. Goizueta by New Castle Court of Chancery of Delaware Book Summary
JACOBS, VICE CHANCELLOR Pending are motions to dismiss this stockholder's derivative action which claims that the directors of The Coca Cola Company (""Coca Cola"" or ""the corporation"") committed corporate waste by granting certain stock options to Coca Cola's Chief Executive Officer, Roberto C. Goizueta (""Goizueta""). The primary thrust of the motion is that the plaintiff failed to make a pre-suit demand upon the corporation's board of directors, as Court of Chancery Rule 23.1 requires. Defendants also contend that the plaintiffs have failed to state a claim upon which relief may be granted, and that the complaint should also be dismissed under Court of Chancery Rule 12b(6). For the reasons next discussed, the Court concludes that a demand was required and that the complaint fails to state a cognizable legal claim. Therefore, the motion to dismiss will be granted. 1
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| Book Name | Melvyn Zupnick v. Roberto C. Goizueta |
| Genre | Law |
| Author | New Castle Court of Chancery of Delaware |
| Published | 21 January 1997, Tuesday |
| Language | English |
| E-Book Size | 64.15 KB |
Melvyn Zupnick v. Roberto C. Goizueta (New Castle Court of Chancery of Delaware) Book Reviews 2024
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Summary of Melvyn Zupnick v. Roberto C. Goizueta by New Castle Court of Chancery of Delaware
The Melvyn Zupnick v. Roberto C. Goizueta book written by New Castle Court of Chancery of Delaware was published on 21 January 1997, Tuesday in the Law category. A total of 168 readers of the book gave the book 0 points out of 5.
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