On Jan. 11, 2010, the Delaware Chancery Court dismissed a shareholder derivative suit against Dow Chemical’s current directors and officers styled In re the Dow Chemical Co. Derivative Litig., Consolidated Civil Action No. 4349-CC (pdf). Plaintiffs had alleged, among other things, that an attempted joint venture with a company in Kuwait “fell apart because Dow officers bribed certain senior Kuwaiti officials” and that “the Dow board was aware of or should have been aware of the bribery and failed to do anything.” (Opinion at 12).
Home > Anti-Bribery and Corruption > The Best Defense is a Good Defense: Robust Anticorruption Policy Scuttles Derivative Suit Against Dow Officers and Directors