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An Introduction to the Law of Corporations: Cases and Materials, Fall 2017

Guttman v. Huang

Headnote

In Guttman, the court applies the Rales standard in the context of a Rule 23.1 Motion to Dismiss. One question the court deals with here is whether it is sufficient under Rales to merely name a director as a defendant in a complaint in order to establish that the director is interested to the extent that the director cannot fairly decide on a demand.