1984),[1] is a US corporate law case, from Delaware concerning the possibility of a shareholder to bring a derivative suit.

A shareholder claimed that the directors of Meyers Parking System Inc. had improperly wasted corporate assets.

They had given to Mr Fink a generous five year employment contract, a subsequent term as a consultant with a large salary, and an annual bonus equal to 5% of the company's pre tax profits.

Justice Moore rejected the claim on the ground that the plaintiff had not shown that making a demand on the board would have been futile.

This meant, a presumption that in making a business decision, the directors of a corporation acted on an informed basis in good faith and in the honest belief that the action was taken in the best interests of the company.