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State Courts -
Delaware - May 30, 2003
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Kindt v. Lund, Civil Action No. 17751-NC,
COURT OF CHANCERY OF DELAWARE, SUSSEX, May 30, 2003, Decided
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Overview: Corporation's motion to dismiss the shareholder's derivative action was granted, as corporation's special litigation committee was independent, acted in good faith, conducted a thorough investigation, and had reasonable bases for its conclusions.
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