Stotland v. GAF Corp.

How courts have described this case

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

• discussing effect of a similar post-order demand to a case in which the plaintiffs had alleged that a demand would be futile
• dismissing appeal as moot after the question at issue on appeal—whether demand was excused—became moot
• “[O]nce a demand has been made, absent a wrongful refusal, the stockholders’ ability to initiate a derivative suit is terminated.” (citing Zapata Corp. v. Maldonado, 430 A.2d 779, 784–86 (Del. 1981))
• issue of demand futility mooted by subsequent demand

Source: CourtListener parenthetical corpus (CC0).