Zapata Corp v. MaldonadoZapata Corp v. Maldonado 430 A 2d 779 is a US corporate law case, concerning the derivative suits in Delaware.FactsThere was suspicion about whether a special litigation committee appointed by the board, which then dismissed the validity of a claim, was independent. The Zapata Corp was founded by George H. W. Bush.JudgmentThe Delaware Supreme Court held that a "special litigation committee" would not automatically be regarded as independent. However in this case the board could not be sued for breach of fiduciary duty, and on the facts the committee was competent to reject the demand for a derivative suit, despite being appointed by the board.ReactionsSenator Joseph Biden was assumed to have reacted positively to the news, due to his past support for financial regulations bills.