In Beachcomber Management Crystal Cove, LLC v. Superior Court (Salisbury) (No. G054078, filed June 28, 2017; pub. and mod. order July 28, 2017), the Fourth Appellate District granted a writ of mandate ...

A few weeks ago, my colleague Sonia Russo blogged about how shareholders seeking to bring successive derivative actions should be wary, since dismissal of a derivative action for failure to allege pre ...

In their Corporate Litigation column, Joseph M. McLaughlin and Yafit Cohn of Simpson Thacher & Bartlett write: Until the Delaware Supreme Court provides definitive word, managers and stockholders ...

(Reuters) - Late Wednesday, the Delaware Supreme Court gave at least a temporary reprieve to a derivative suit accusing Wal-Mart board members of breaching their duties in response to allegations of ...

(Reuters) - The justices of Delaware’s Supreme Court didn’t ask a whole lot of questions during oral arguments Wednesday in their second consideration of a closely watched shareholder derivative suit ...

Derivative claims belong to the corporation, which is why a stockholder must make a demand on the company's board or adequately allege demand futility to pursue derivative claims on the company's ...