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29 Aug 2007, 2:21 pm
Early this year the Delaware Chancery Court, in two opinions,, In re Tyson Foods and Ryan v Gifford, allowed shareholder derivative suits to proceed that were based on dating compensatory stock options. [read post]
14 Feb 2008, 12:05 pm
Nevertheless, today the Court of Appeals in Tzolis v Wolff, 2008 NY Slip Op 01260 held that members of a LLC  may bring derivative suits on the LLC's behalf. [read post]
25 Jul 2011, 3:32 am by tracey
Drake v Harvey and others [2011] EWCA Civ 838;  [2011] WLR (D)  244 “There was no general default rule or presumption that the basis on which an outgoing partner’s share of partnership assets was to be determined was a fair value unless the partnership deed expressly stated otherwise; the correct approach was to derive the basis of valuation from the terms of the deed itself applying normal principles of contractual… [read post]
26 May 2016, 6:51 am by Carl Neff
” As such, Delaware case law on the direct-or-derivative issue, under the two-prong test of Tooley v. [read post]