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Joy v. North
''Joy v North'', 692 F2d 880 (1982) is a US corporate law case, concerning the rules for bringing a derivative suit in Delaware law.
==Facts==
Doris Joy was a minority shareholder in Citytrust, Inc and Nelson North was the CEO. Doris complained that Nelson had give a loan to Katz Corp, without considering the merits of the deal, because Katz Corp employed Nelson’s son. Citytrust, Inc established a ‘Special Litigation Committee’ of two independent directors, which concluded that the litigation should be discontinued in respect of most of the board members.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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