In re Caremark International, Inc. Derivative Litigation

In re Caremark International, Inc. Derivative Litigation
by the Delaware Court of Chancery

In re Caremark International Inc. Derivative Litigation, 698 A.2d 959 (Del. Ch. 1996), is a Delaware Court of Chancery decision setting out an expanded discussion of a director's duty of care in the oversight context. The opinion was written by Chancellor Allen. Excerpted from In re Caremark International Inc. Derivative Litigation on Wikipedia, the free encyclopedia.


698 A.2d 959


No. 13670  Argued: August 16, 1996 --- Decided: September 25, 1996

Joseph A. Rosenthal, Esquire, of ROSENTHAL, MONHAIT, GROSS & GODDESS, P.A., Wilmington, Delaware; OF COUNSEL: LOWEY DANNENBERG BEMPORAD & SELINGER, P.C., White Plains, New York; GOODKIND LABATON RUDOFF & SUCHAROW, L.L.P., New York, New York; Attorneys for Plaintiffs.

Kevin G. Abrams, Esquire, Thomas A. Beck, Esquire and Richard I.G. Jones, Jr., Esquire, of RICHARDS, LAYTON & FINGER, Wilmington, Delaware; OF COUNSEL: Howard M. Pearl, Esquire, Timothy J. Rivelli, Esquire and Julie A. Bauer, Esquire, of WINSTON & STRAWN, Chicago, Illinois; Attorneys for Caremark International, Inc.

Kenneth J. Nachbar, Esquire, of MORRIS, NICHOLS, ARSHT & TUNNELL, Wilmington, Delaware; OF COUNSEL: William J. Linklater, Esquire, of BAKER & McKENZIE, Chicago, Illinois; Attorneys for Individual Defendants.


This work is in the public domain in the U.S. because it is an edict of a government, local or foreign. See § 313.6(C)(2) of the Compendium II: Copyright Office Practices. Such documents include "legislative enactments, judicial decisions, administrative rulings, public ordinances, or similar types of official legal materials" as well as "any translation prepared by a government employee acting within the course of his or her official duties."

These do not include works of the Organization of American States, United Nations, or any of the UN specialized agencies. See Compendium III § 313.6(C)(2) and 17 U.S.C. 104(b)(5).

OOjs UI icon alert destructive black-darkred.svg A non-American governmental edict may still be copyrighted outside the U.S. Similar to {{PD-in-USGov}}, the above U.S. Copyright Office Practice does not prevent U.S. states or localities from holding copyright abroad, depending on foreign copyright laws and regulations.