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>Shareholders' Derivative Actions (Litigator Series) in Review in Description : THIS CASEBOOK contains a selection of 137 U. S. Court of Appeals decisions that analyze and discuss issues surrounding shareholders' derivative actions. The selection of decisions spans from 2002 to the date of publication.
"The derivative form of action permits an individual shareholder to bring 'suit to enforce a corporate cause of action against officers, directors, and third parties.'" Kamen v. Kemper Fin. Servs., Inc., 500 U.S. 90, 95 (1991) (quoting Ross v. Bernhard, 396 U.S. 531, 534 (1970)) (emphasis omitted). "Devised as a suit in equity, the purpose of the derivative action [is] to place in the hands of the individual shareholder a means to protect the interests of the corporation from the misfeasance and malfeasance of 'faithless directors and managers.'" Id. (quoting Cohen v. Beneficial Loan Corp., 337 U.S. 541, 548 (1949)). Espinoza v. Dimon, (2nd Cir. 2015).
"[A] shareholder seeking to assert a claim on behalf of the corporation must first exhaus
Shareholders' Derivative Actions (Litigator Series) in Review : This book is incredible, you have never been so frightened reading a book and yet so riveted that you couldn't stop reading. Read or download it, you won't be disappointed.