Zuckerberg Test
Definition
Three-pronged test, derived from United Food & Com. Workers Union v. Zuckerberg, 250 A.3d 862 (Del. Ch. 2020), for determining whether the demand precondition for a shareholder derivative suit may be excused for futility.
Three-pronged test, derived from United Food & Com. Workers Union v. Zuckerberg, 250 A.3d 862 (Del. Ch. 2020), for determining whether the demand precondition for a shareholder derivative suit may be excused for futility.
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