Chancery Finds Inadequate Representation by Derivative Plaintiff; Dismisses Complaint with Prejudice

South v. Baker , C.A. No. 7294-VCL (Del. Ch. Sept. 25, 2012). Issues Addressed : This decision is a candidate for inclusion in the pantheon of iconic Delaware Court of Chancery opinions addressing the following issues: (1) When derivative plaintiffs and their counsel will be presumptively found to...