In re Caremark International, Inc. Derivative Litigation
|←Delaware case law||In re Caremark International, Inc. Derivative Litigation
|Opinion of the Court→|
|In re Caremark International Inc. Derivative Litigation, 698 A.2d 959 (Del. Ch. 1996), is a Delaware Court of Chancery decision setting out an expanded discussion of a director's duty of care in the oversight context. The opinion was written by Chancellor Allen. — Excerpted from In re Caremark International Inc. Derivative Litigation on Wikipedia, the free encyclopedia.|
COURT OF CHANCERY OF DELAWARE, NEW CASTLE
698 A.2d 959
IN RE CAREMARK INTERNATIONAL INC. DERIVATIVE LITIGATION
No. 13670 Argued: August 16, 1996 --- Decided: September 25, 1996
Joseph A. Rosenthal, Esquire, of ROSENTHAL, MONHAIT, GROSS & GODDESS, P.A., Wilmington, Delaware; OF COUNSEL: LOWEY DANNENBERG BEMPORAD & SELINGER, P.C., White Plains, New York; GOODKIND LABATON RUDOFF & SUCHAROW, L.L.P., New York, New York; Attorneys for Plaintiffs.
Kevin G. Abrams, Esquire, Thomas A. Beck, Esquire and Richard I.G. Jones, Jr., Esquire, of RICHARDS, LAYTON & FINGER, Wilmington, Delaware; OF COUNSEL: Howard M. Pearl, Esquire, Timothy J. Rivelli, Esquire and Julie A. Bauer, Esquire, of WINSTON & STRAWN, Chicago, Illinois; Attorneys for Caremark International, Inc.
Kenneth J. Nachbar, Esquire, of MORRIS, NICHOLS, ARSHT & TUNNELL, Wilmington, Delaware; OF COUNSEL: William J. Linklater, Esquire, of BAKER & McKENZIE, Chicago, Illinois; Attorneys for Individual Defendants.
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