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California Court of Appeal Applies Delaware Law to Deny Discovery in Shareholder Derivative Action

2014-12-25 22:22:38| Apparel - 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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Brown picks aide to lead troubled California utility board

2014-12-24 13:30:41| Energy - Topix.net

Gov. Jerry Brown named a former adviser on Tuesday to be the next head of California's troubled utilities commission, replacing a regulatory chief accused of back-channel dealings with utilities. Michael Picker, a former adviser to Brown on renewable energy and a former board member of a California utility, was Brown's pick to lead the California Public Utilities Commission, the governor's office said in a statement.

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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.

Tags: action law california court

 

Officials Cite Big Steps Forward In California High-Speed Program

2014-12-23 19:53:11| ENR.com: Headline News

Construction commences as cap-and-trade, court rulings all boost Golden State bullet train project.

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Texas Instruments sells 15-acre California park to Intuitive Surgical

2014-12-23 18:04:01| Semiconductors - Topix.net

Intuitive Surgical is the new owner of a unique Silicon Valley real estate asset: a 15-acre private park in Sunnyvale. The Sunnyvale, California-based maker of the da Vinci robotic surgery system bought the land last week from Dallas-based Texas Instruments , according to public records.

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