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California Court of Appeal Applies Delaware Law to Deny Discovery in Shareholder Derivative Action
2014-12-24 02:47:04| Footwear - Topix.net
In Jones v. Martinez , 230 Cal. App. 4th 1248 , the California Court of Appeal, Second Division , held that a plaintiff asserting a shareholder derivative action against directors of a Delaware corporation in a California state court may not obtain discovery before the plaintiff establishes legal standing to sue derivatively as required under Delaware law.
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law
california
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Applying Delaware's Direct vs. Derivative Analysis
2014-12-10 08:09:41| Logistics - Topix.net
A decade ago, the Delaware Supreme Court, in Tooley v. Donaldson, Lufkin & Jenrette , 845 A.2d 1031, 1036 , observed that "[d]etermining whether an action is derivative or direct is sometimes difficult and has many legal consequences" and "[t]herefore, it is necessary that a standard to distinguish such actions be clear, simple and consistently articulated and applied by our courts ."
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analysis
applying
derivative
Honda introducing prototype of new European Jazz and new Civic derivative at Paris
2014-09-24 11:30:34| Green Car Congress
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european
jazz
honda
SKECHERS Announces Preliminary Settlement of Derivative Litigation
2014-09-20 08:12:21| Footwear - Topix.net
MANHATTAN BEACH, Calif.-- -- SKECHERS U.S.A., Inc. , a global leader in footwear, today announced the preliminary court approval on September 16, 2014 of the settlement of a pending shareholder derivative action, entitled Basaraba v. Greenberg, et al. , Case No.
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settlement
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Notice Of Proposed Settlement In Derivative Action
2013-12-14 06:14:23| Waste Management - Topix.net
DONALD W. SLAGER, JAMES E. O'CONNOR, JOHN W. CROGHAN, TOD C. HOLMES, DAVID I. FOLEY, RAMON A. RODRIGUEZ, MICHAEL W. WICKHAM, JAMES W. CROWNOVER, NOLAN LEHMANN, ALLAN C. SORENSEN, WILLIAM J. FLYNN, W. LEE NUTTER, JOHN M. TRANI, MICHAEL LARSON, and REPUBLIC SERVICES, INC., YOU ARE HEREBY NOTIFIED that plaintiff and defendants in the above-captioned ... (more)
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notice
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settlement