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Shareholder Litigation Derivative Suit State of Incorporation

Fenwick & West LLP

Two Suits Challenge Application of New Texas Governance Laws

Fenwick & West LLP on

Texas has enacted significant legislation in the past few months designed to attract more corporations to its state and challenge Delaware’s dominance as the preferred state for incorporation. We are now seeing the first...more

Proskauer - Corporate Defense and Disputes

Pinterest Diversity Suits Multiply

Late last month, a new batch of plaintiffs filed a stockholder derivative suit against Pinterest, Inc., in Delaware Chancery Court, making similar allegations to those made in a pair of cases filed in the Northern District of...more

Allen Matkins

Court Rules Internal Affairs Doctrine Bars California Insider Trading Claim

Allen Matkins on

California, unlike the federal government, has codified its prohibition on insider trading. Corporations Code Section 25402 provides...more

Snell & Wilmer

Impact of Delaware Fee-Shifting Provisions on Derivative Actions in California

Snell & Wilmer on

A recent decision in the Delaware Supreme Court, in conjunction with the broad California exceptions to the internal affairs doctrine, may dictate the legal landscape of shareholder litigation in California in the near...more

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