Understanding Regulatory and Court Orders (Firemen’s — Marriott / Delaware Chancery)¶
Purpose¶
Orient readers to the Delaware Court of Chancery decision in derivative litigation concerning Marriott’s Starwood reservation database breach and board oversight themes.
1. Chancery opinion¶
Firemen’s Retirement System of St. Louis v. Sorenson, C.A. No. 2019-0965-LWW (Del. Ch.).
- Delaware courts: Opinion download
What to read for¶
The opinion addresses derivative pleading and demand futility in the context of cybersecurity oversight and M&A diligence narratives surrounding the Starwood breach. Read the opinion for specific holdings and the claims that survived or failed.