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State Courts -
Delaware - February 10 - February 11, 2004
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In re eBay, Inc., S'Holders Litig., C.A. No. 19988-NC,
COURT OF CHANCERY OF DELAWARE, NEW CASTLE, February 11, 2004, Revised
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Overview: Futility of pre-suit demand on corporate directors was shown, as three of seven were sued and fourth's independence was doubtful. Usurping corporate opportunity, accepting gratuity belonging to corporation, and bank's aiding and abetting were stated.
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