United States special litigation committeedirector independence

In re Oracle Corp Derivative Litigation

824 A.2d 917 (Del. Ch. 2003)

JurisdictionUnited States

CourtDelaware Court of Chancery

Year2003

StatusPersuasive authority

Key Principle

Social and professional connections between SLC members and interested directors can compromise the independence required for the SLC's recommendation to be given deference.

Area of Law

corporate

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