Legal Opinion

Aronson v. Lewis

Supreme Court of Delaware

Decided March 1, 1984PublishedCited by 1,142 opinions

1Opinion of the Court

MOORE, Justice:

In the wake of Zapata Gorp. v. Maldonado, Del.Supr., 430 A.2d 779 (1981), this Court left a crucial issue unanswered: when is a stockholder’s demand upon a board of directors, to redress an alleged wrong to the corporation, excused as futile prior to the filing of a derivative suit? We granted this interlocutory appeal to the defendants, Meyers Parking System, Inc. (Meyers), a Delaware corporation, and its directors, to review the Court of Chancery’s denial of their motion to dismiss this action, pursuant to Chancery Rule 23.1, for the plaintiffs failure to make such a demand…

2Cases cited51 opinions

  1. Guth v. Loft, Inc.Supreme Court of Delaware · 1939
  2. Zapata Corp. v. MaldonadoSupreme Court of Delaware · 1981
  3. Sinclair Oil Corporation v. LevienSupreme Court of Delaware · 1971
  4. Sterling v. Mayflower Hotel Corp.Supreme Court of Delaware · 1952
  5. In Re Kauffman Mutual Fund Actions. Joseph B. KauffmanCourt of Appeals for the First Circuit · 1973

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3Cited by1,142 opinions

  1. Kamen v. Kemper Financial Services, Inc.Supreme Court of the United States · 1991
  2. Brehm v. EisnerSupreme Court of Delaware · 2000
  3. In Re Silicon Graphics Inc. Securities Litigation. Edmund J. Janas v. Edward R. McCracken Michael Ramsay Robert K. Burgess Thomas J. Oswald Teruyasu Sekimoto Forest Baskett Stephen Goggiano William M. Kelly Lucille Shapiro Silicon Graphics, Inc., Deanna Brody Andrea S. Donald Israel Buck Ruth Buck Denise Struthers Thomas G. Di Cicco Ira Steven B. Ewall Rosalyn Golaine Jerry Krim Mary Anne Beke Herman Grossman Samuel J. Reiner Dennis Lucas v. Edward R. McCracken Michael Ramsay Robert K. Burgess Thomas J. Oswald Teruyasu Sekimoto Forest Baskett Stephen Goggiano William M. Kelly Lucille Shapiro Silicon Graphics, Inc.Court of Appeals for the Ninth Circuit · 1999
  4. Rales v. Blasband Ex Rel. Easco Hand Tools, Inc.Supreme Court of Delaware · 1993
  5. Nemec v. ShraderSupreme Court of Delaware · 2010

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