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State of Incorporation Corporations Code Derivative Suit

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

Allen Matkins

Does California Law Apply To A Derivative Action Brought By Members Of A Foreign LLC?

Allen Matkins on

In a ruling handed down this week, U.S. District Judge Lawrence J. O'Neill addressed whether California law applied to derivative claims apparently brought on behalf of an Oregon entity. I found Judge O'Neill's ruling...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

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