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Stableblades,Inc

Question 84

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Stableblades,Inc.holds a patent on an inline skate that differs from others on the market in that it has two rows of wheels.These skates are not quite as fast as regular inline skates,but are much more stable and are designed for older persons and persons who skate only occasionally.Mary is a shareholder of Stableblades.Stableblades has been selling this product for several years,and there are no similar products on the market.Twice in the past couple of years,Stableblades threatened litigation over patent infringement,successfully preventing competitors from introducing similar products.Recently,another competitor actually introduced a similar product that Mary believes infringes on Stableblades' patent.Mary has tried to get the board to take action,but they refuse to do so.Mary suspects that some of the board members would like to be elected to the board of the competitor some day,and this is the reason for their inaction.Explain Mary's options in this situation.

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Mary could file a derivative suit on beh...

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