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COUNCIL DRAFT 5 i (November 14, 1984)

handle is hein.ali/alicgv0033 and id is 1 raw text is: THIS DRAFT IS PRIVATE AND CONFIDENTIAL
PUBLIC DISCLOSURE IS PROHIBITED*
(Not to be sold, offered for sale, or otherwise published)
The American Law Institute
PRINCIPLES OF CORPORA.TE GOVERNANCE:
ANALYSIS AND RECOMMENDATIONS
Council Draft No. 5
(November 14, 1984)
Subject Covered:
Part VII. Remedies
Chapter I. The Derivative Action
Submitted to the meeting of the Council of The American Law Institute on
December 5 (at 10:00 a.m.), 6, 7, and 8, 1984, at the Association of the Bar
of the City of New York, 42 West 44th Street, New York City.
This Draft is scheduled for discussion on Friday, December 7, at 10:00 a.m.
Tie EXECUTIVE OFFICE
TIE AMERICAN LAW INSTITUTE
4025 Chestnut Street
Philadelphia, PA 19104
*This is a preliminary draft submitted on a private and confidential basis to a limited group for the sole
purpose of study and criticism. It has not been promulgated or approved by the Council or the
members of The American Law Institute.
As an unpublished document intended for internal use, this draft should not be generally circulated or
distributed, nor should it be quoted from or cited or its substance disclosed in any public address or
writing.