Johnson v. Nekoosa-Edwards Paper Co.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• under Delaware law, where demand is required, court will defer to company's business judgment to forego litigation unless directors acted wrongfully; where demand is futile, however, company's business judgment is also subject to court's objective scrutiny
• under Delaware law, where demand is required, court will defer to company’s business judgment to forego litigation unless directors acted wrongfully; where demand is futile, however, company’s business judgment is also subject to court’s objective scrutiny

Source: CourtListener parenthetical corpus (CC0).