Examples of Litigation Demand in a sentence
Derivative Litigation (Demand Made), No. C08-566 MJP and In re Washington Mutual, Inc.
Derivative Litigation (Demand Futile), No. C07-1826 MJP (the “Consolidated Federal Derivative Actions”).
It would seem that such requests would best be made by writing a letter setting out the case and the need and basis for relief, enclosing all relevant materials.It is likely that the Secretary and agency heads rarely grant this type of relief.
The Individual Defendants have denied and continue to deny each and every one of the claims, contentions, and allegations made against them or that could have been made against them in the Litigation Demand and Derivative Actions, and expressly deny all charges of wrongdoing or liability against them.
The Demand Refusal Letter did not, however, provide any substantive insight into Simpson Thacher’s work or the Audit Committee or the Board’s determinations, nor did it explain the reasoning behind the decision to refuse the Litigation Demand.